2-Bedroom
7830 E CAMELBACK Road 104, Scottsdale, AZ 85251
For Sale
$261,000
A ground-floor, single-level home includes a private patio and access to shared community amenities.
Property Size1,369 SF
Price / SF$190.65
Days on Market104
Property Features for 7830 E CAMELBACK Road 104
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
gated
heated pool
fitness center
private patio
Building Details
Building Size
Year Built
Construction
Listing Agency:
American Allstar Realty
Listed By:
Paul Whittle · License AZ BR531220000
(602) 770-4830
Source:
1912realty
Added: Aug 3
Changed: Nov 9
Last Checked: Nov 13 at 2:24PM
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 American Allstar Realty
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Investment Insights
Based on property information with market context.
This 1,369-square-foot condominium has two bedrooms and two bathrooms in a single-level, ground-floor layout. Interior features include tile flooring, granite kitchen countertops, stainless steel appliances, a living room, and a primary suite. A private patio extends the unit’s space outdoors. The condominium was built in 1974.
The gated residential development offers a heated pool and fitness center. The property is at 7830 E Camelback Road in Scottsdale, Arizona.
The gated residential development offers a heated pool and fitness center. The property is at 7830 E Camelback Road in Scottsdale, Arizona.
Key Highlights
- 1,369‑square‑foot condominium with 2 bedrooms and 2 bathrooms
- Ground‑floor, single‑level layout
- Private patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,840
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,800
$316.8K
Cap Rate 7%
$226,286
$226.3K
Cap Rate 9%
$176,000
$176.0K
Market Conditions
NOI Build-Up for 1,369 SF
Gross rent
$30.1K $21.96/SF
− Vacancy
−$1.3K −$0.92/SF
EGI
$28.8K $21.04/SF
− OpEx
−$13.0K −$9.47/SF
NOI
$15.8K $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%
$316,800
Cap Rate 7%
$226,286
Cap Rate 9%
$176,000
Alternative Uses
Best Use
Apartment 5plus
$226.3K
$198.0K – $264.0K
NOI $15,840 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$449.4K
$393.2K – $524.3K
NOI $31,458 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,238
Businesses Nearby
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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
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Market
Properties on Market for Residential income properties in Scottsdale
Frequently Asked Questions
What type of property is this?
Residential income property - A ground-floor, single-level home includes a private patio and access to shared community amenities.
Where is this residential income property located?
The property is located at 7830 E CAMELBACK Road 104 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $261,000.
What are key features of this property?
This property features: 1,369‑square‑foot condominium with 2 bedrooms and 2 bathrooms; Ground‑floor, single‑level layout; Private patio
