2 months on rocket

18202 N Cave Creek Rd Unit 17Units, Phoenix, AZ, 85032

$3,040,000

0 Baths
House

Location

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Property Highlights

Home TypeOther
ParkingOther (See Remarks), >1 Space Per Unit, 1 Space/Unit, Common
Year Built1983
HeatingOther, Electric
CoolingCentral Air, Electric, Ceiling Fan(s)
MLS #6770068
StatusActive

About 18202 N Cave Creek Rd Unit 17Units

This property presents a compelling investment opportunity with its attractive unit mix,desirable location,and potential for additional income through owner-operated facilities.It is a well-positioned,income-generating asset.There are opportunities to even increase current rental income for further value.This property is a prudent choice for investors looking to expand, diversify or start their portfolio.It offers a stable and reliable income stream.The property is 100% occupied and all units were remodeled.There are five-2 bedroom,1-bath , one- 3 bed/1 ba. and eleven - 3 bed,2 ba units. All are equipped with their own washer/dryer.The property is located in a Prime location with nearby amenities and great transportation access.

Property Details

Property Features

Property Information:

  • Year Built: 1983

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (928) 282-4666
  • Listing Agent: Amy D Brown

Interior Features

Interior Information:

  • Flooring Type: Vinyl

Exterior Features

Parking Information:

  • Parking: Other (See Remarks), >1 Space Per Unit, 1 Space/Unit, Common

Utilities

Utilities Information:

  • Heating: Other, Electric
  • Cooling: Central Air, Electric, Ceiling Fan(s)

Other

Directions Information:

  • Directions: South on Cave Creek to Michigan Ave. Complex will be on the Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,040,000
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

Med. Sold Price

$452.3K

Med. Price/SqFt

$285

Avg. Days On Market

63

# of Sold Homes

1138

18202 N Cave Creek Rd Unit 17Units vs Phoenix

67 DAYS ON ROCKET

+4 Days

$3,040,000

+$2.5M More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6770068

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (928) 282-4666
  • Listing Agent: Amy D Brown

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$15.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,181

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4474569
3
/10
  • Campo Bello Elementary School

  • 2625 E Grovers Ave

  • 0.50 miles

  • Public District Grades KG-6

school-card-donut-4474570
2
/10
  • Echo Mountain Intermediate School

  • 1811 E Michigan Ave # 3

  • 0.63 miles

  • Public District Grades 4-6

school-card-donut-4474571
1
/10
  • Echo Mountain Primary School

  • 1811 E Michigan Ave # 3

  • 0.63 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,935. Typical income of Phoenix, AZ residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18202 N Cave Creek Rd Unit 17Units

What is the listing price of this property?

The listing price of 18202 N Cave Creek Rd Unit 17Units property is $3,040,000.

What type of property is this?

The property 18202 N Cave Creek Rd Unit 17Units is a house located in Phoenix, Arizona, 85032.

Is this property for sale now?

Active Listing: 18202 N Cave Creek Rd Unit 17Units is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 18202 N Cave Creek Rd Unit 17Units is 1983.
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Rocket Homes›Arizona›Maricopa County›Phoenix›85032›18202 N Cave Creek Rd Unit 17Units

This home is located at 18202 N Cave Creek Rd Unit 17Units in Phoenix, AZ and zip code 85032 in the Mountain Springs Terrace neighborhood. This home was built in 1983. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $3,040,000.

In November 2024, from all listings sold in Phoenix, AZ there were more than 201 sold above asking price, over 636 sold below and more than 301 were sold right at the asked price. The number of listings in Phoenix, AZ decreased by 1.4% between October 2024 and November 2024. While the average time on the market in November 2024 was 63 days, the median list price was $452,345.

From Rocket Homes Real Estate and based on county public records data.

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