Corner Residential Income
For Sale
$329,900
9708 E VIA LINDA 1333, Scottsdale, AZ 85258
Corner condominium with dual balconies, updated systems, and access to extensive community amenities.
Property Size968 SF
Days on Market198
Property Features for 9708 E VIA LINDA 1333
General Information
Standard status
Active
Size
968 SF
Property subtype
Apartment
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,209
Amenities
pool
tennis courts
fitness room
clubhouse
kayak and pontoon use
EV stations
Building Details
Building Size
968 SF
Year Built
1985
Listing Agency:
Realty ONE Group
Listed By:
Michael A Kraus · License #SA509101000
(480) 330-8497
Source:
Alexiabertsatos
Added: Apr 7
Changed: Oct 20
Last Checked: Oct 21 at 3:36AM
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 Realty ONE Group
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Investment Insights
Based on property information with market context.
Built in 1986, this corner condominium features two balconies oriented toward a tree-lined pool area. The interior includes stainless steel appliances and wood flooring extending from the entry through the bedrooms. Recent updates include the HVAC system, hot water tank, washer, and dryer.
The gated Scottsdale community offers 9 tennis courts, 5 pools, a fitness room, clubhouse, and planned activities. Residents also have access to Scottsdale Ranch Lake with complimentary kayaks and pontoon use, along with on-site EV charging stations. Parks, hike-and-bike trails, shopping, restaurants, spring training venues, and freeway access are located nearby.
The gated Scottsdale community offers 9 tennis courts, 5 pools, a fitness room, clubhouse, and planned activities. Residents also have access to Scottsdale Ranch Lake with complimentary kayaks and pontoon use, along with on-site EV charging stations. Parks, hike-and-bike trails, shopping, restaurants, spring training venues, and freeway access are located nearby.
Key Highlights
- Corner condominium with two balconies overlooking a tree‑lined pool area
- Built in 1986 with newer HVAC, hot water tank, washer, and dryer
- Stainless steel appliances and wood flooring from entry through bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,200
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,000
$224.0K
Cap Rate 7%
$160,000
$160.0K
Cap Rate 9%
$124,444
$124.4K
Market Conditions
NOI Build-Up for 968 SF
Gross rent
$21.3K $21.96/SF
− Vacancy
−$893 −$0.92/SF
EGI
$20.4K $21.04/SF
− OpEx
−$9.2K −$9.47/SF
NOI
$11.2K $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%
$224,000
Cap Rate 7%
$160,000
Cap Rate 9%
$124,444
Alternative Uses
Best Use
Apartment 5plus
$160.0K
$140.0K – $186.7K
NOI $11,200 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$317.8K
$278.1K – $370.7K
NOI $22,244 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,460
Businesses Nearby
Explore this area
Business Placement
Demographics for 85258, AZ
25,203
Population
15,566
Households
1.6
Avg Household Size
55
Median Age
63%
College-Educated
99%
High-School Grad
10.3 sq mi
ZIP Area
2,447
Density / Sq Mi
$105,171
Median Household Income
$68,184
Median Earnings
$1,945
Median Rent
$744,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Corner condominium with dual balconies, updated systems, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 9708 E VIA LINDA 1333 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Corner condominium with two balconies overlooking a tree‑lined pool area; Built in 1986 with newer HVAC, hot water tank, washer, and dryer; Stainless steel appliances and wood flooring from entry through bedrooms
