Furnished Ground-Floor Short-Term
For Sale
$350,000
7625 E CAMELBACK Road B101, Scottsdale, AZ 85251
Fully furnished residence with permitted Airbnb and VRBO rentals, included utilities, and upgraded interior finishes.
Property Size1,140 SF
Days on Market358
Property Features for 7625 E CAMELBACK Road B101
General Information
Standard status
Active
Size
1,140 SF
Property subtype
Apartment
Taxes and HOA fees
Annual Taxes
$586
Building Details
Building Size
1,140 SF
Year Built
1971
Listing Agency:
HomeSmart
Listed By:
Juan Medina
(602) 405-0758
Source:
Alexiabertsatos
Added: Oct 14, 2025
Changed: Sep 30
Last Checked: Oct 5 at 11:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart
Investment Insights
Based on property information with market context.
This ground-floor short-term rental property is fully furnished and configured to accommodate up to 8 guests. Interior improvements include 20x20 tile, bamboo wood flooring, stainless steel appliances, granite countertops, custom paint, and an exotic stone grotto-style primary shower. Furnishings were replaced last year, and the residence includes A/C, water, cable, and other utilities.
Located at The Maya on E Camelback Road in Scottsdale, the property is positioned near Old Town Scottsdale. Airbnb and VRBO rentals are allowed, providing a furnished accommodation format with utility services included.
Located at The Maya on E Camelback Road in Scottsdale, the property is positioned near Old Town Scottsdale. Airbnb and VRBO rentals are allowed, providing a furnished accommodation format with utility services included.
Key Highlights
- Ground‑floor residence with capacity to sleep 8
- Airbnb and VRBO rentals allowed
- Fully furnished; furnishings replaced last year
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,191
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,820
$263.8K
Cap Rate 7%
$188,443
$188.4K
Cap Rate 9%
$146,567
$146.6K
Market Conditions
NOI Build-Up for 1,140 SF
Gross rent
$25.0K $21.96/SF
− Vacancy
−$1.1K −$0.92/SF
EGI
$24.0K $21.04/SF
− OpEx
−$10.8K −$9.47/SF
NOI
$13.2K $11.57/SF
Area
Scottsdale, AZ
Vacancy
4.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,820
Cap Rate 7%
$188,443
Cap Rate 9%
$146,567
Alternative Uses
Best Use
Apartment 5plus
$188.4K
$164.9K – $219.9K
NOI $13,191 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$374.2K
$327.5K – $436.6K
NOI $26,196 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,231
Businesses Nearby
Explore this area
Business Placement
Demographics for 85251, AZ
40,073
Population
26,456
Households
1.5
Avg Household Size
39
Median Age
60%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
5,566
Density / Sq Mi
$89,151
Median Household Income
$60,282
Median Earnings
$1,771
Median Rent
$500,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Fully furnished residence with permitted Airbnb and VRBO rentals, included utilities, and upgraded interior finishes.
Where is this short term rental property located?
The property is located at 7625 E CAMELBACK Road B101 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Ground‑floor residence with capacity to sleep 8; Airbnb and VRBO rentals allowed; Fully furnished; furnishings replaced last year
