Furnished Ground-Floor Studio
For Sale
$108,000
8210 E GARFIELD Street K116, Scottsdale, AZ 85257
A private patio, Murphy bed, and updated kitchen outfit this furnished cooperative studio.
Property Size528 SF
Price / SF$204.55
Days on Market188
Property Features for 8210 E GARFIELD Street K116
General Information
Standard status
Active
Size
528 SF
Property subtype
Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x studio
Multifamily Units
1
Additional Details
Furnished
Yes
HOA Fee
$349
Amenities
quartz counters
high end appliances
Murphy bed
private furnished patio
pool
laundry
exercise room
library
meeting room
Building Details
Building Size
528 SF
Year Built
1965
Listing Agency:
Keller Williams Realty Sonoran Living
Listed By:
BVO Luxury Group · License #01428775
(833) 286-7653
Source:
Bvoluxury
Added: Apr 29
Changed: Oct 26
Last Checked: Oct 31 at 6:49AM
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 Keller Williams Realty Sonoran Living
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Investment Insights
Based on property information with market context.
This 528-square-foot ground-floor studio is furnished and remodeled, with tile flooring, a dual-pane window, and a sliding door to a private patio. The kitchen has quartz counters, a pantry, double sinks, soft-close pull-out cabinets, an induction range, and a European-style refrigerator. A double pull-out Murphy bed incorporates storage.
Residents have access to four pools, four laundry facilities, an exercise room, a library, and meeting rooms. The property is near ASU, Tempe Marketplace, shopping, parks, a bus stop, the Scottsdale Trolley, and the 101 and 202 freeways. The cooperative does not allow rentals; approval involves board and credit review.
Residents have access to four pools, four laundry facilities, an exercise room, a library, and meeting rooms. The property is near ASU, Tempe Marketplace, shopping, parks, a bus stop, the Scottsdale Trolley, and the 101 and 202 freeways. The cooperative does not allow rentals; approval involves board and credit review.
Key Highlights
- 528‑square‑foot furnished studio on the ground floor
- Remodeled kitchen with quartz counters, pantry, double sinks, and pull‑out cabinetry
- Induction range and European refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,109
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$122,180
$122.2K
Cap Rate 7%
$87,271
$87.3K
Cap Rate 9%
$67,878
$67.9K
Market Conditions
NOI Build-Up for 528 SF
Gross rent
$11.6K $21.96/SF
− Vacancy
−$487 −$0.92/SF
EGI
$11.1K $21.04/SF
− OpEx
−$5.0K −$9.47/SF
NOI
$6.1K $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%
$122,180
Cap Rate 7%
$87,271
Cap Rate 9%
$67,878
Alternative Uses
Best Use
Apartment 5plus
$87.3K
$76.4K – $101.8K
NOI $6,109 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$173.3K
$151.7K – $202.2K
NOI $12,133 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
Explore this area
Business Placement
Demographics for 85257, AZ
29,187
Population
16,392
Households
1.8
Avg Household Size
39
Median Age
46%
College-Educated
95%
High-School Grad
6.9 sq mi
ZIP Area
4,230
Density / Sq Mi
$79,828
Median Household Income
$54,580
Median Earnings
$1,812
Median Rent
$453,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - A private patio, Murphy bed, and updated kitchen outfit this furnished cooperative studio.
Where is this residential income property located?
The property is located at 8210 E GARFIELD Street K116 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $108,000.
What are key features of this property?
This property features: 528‑square‑foot furnished studio on the ground floor; Remodeled kitchen with quartz counters, pantry, double sinks, and pull‑out cabinetry; Induction range and European refrigerator
