$930,000
Tempe, AZ 85282
MLS# 6679608
Status: Pending
5 beds | 5.5 baths
1 / 57
Property Description
Great investment property! Tenant in place for $6,800 per month. Stunning 5-bedroom, 5.5-bathroom. large 4-car garage with additional storage space, a parking area in front, & new 8x8 pavered tiled driveway. Gross rents of $81,600 annually. Cap rate of 7.9%. House has potential for higher income, as student or corporate housing, or possible Airbnb, NO HOA!
Details
Maps
Contract Information
Status Change Date: 2024-04-08
List Price: $930,000
Status: Pending
Current Price: $930,000
List Date: 2024-03-20
Type: ER
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: N
Location, Tax & Legal
House Number: 3924
Compass: S
Street Name: KYRENE
St Suffix: Road
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85282
Country: USA
County Code: Maricopa
Assessor's Map #: 46
Assessor's Parcel #: 118
Assessor Number: 123-46-118
Legal Description (Abbrev): LOT 4 COYOTE CROSSING MCR 125643
Subdivision: COYOTE CROSSING
Tax Municipality: Tempe
Taxes: 1304
Tax Year: 2022
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 5
# Bathrooms: 5.5
Approx SQFT: 2960
Price/SqFt: 314.19
Horses: N
Builder Name: UNK
Year Built: 2023
Approx Lot SqFt: 14487
Approx Lot Acres: 0.333
Flood Zone: No
Pool: None
Elementary School: Carminati School
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Remarks & Misc
Cross Street: Southern Ave & Kyrene Rd
Directions: Head south on S Kyrene Rd. Property will be on the right.
Geo Lat: 33.387791
Geo Lon: -111.944099
Status Change Info
Off Market Date: 2024-04-08
Under Contract Date: 2024-04-08
Legal Info
Township: 1N
Range: 4E
Section: 33
Lot Number: 4
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Parking Spaces
Garage Spaces: 4
Total Covered Spaces: 4
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Ranch
Master Bathroom: 3/4 Bath Master Bdrm; Double Sinks; Private Toilet Room
Master Bedroom: Not Split
Additional Bedroom: Other Bedroom Split; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet
Fireplace: No Fireplace
Flooring: Laminate
Pool Features: No Pool
Spa: None
Community Features: Biking/Walking Path
Dining Area: Breakfast Bar; Dining in LR/GR
Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Walk-in Pantry; Granite Countertops; Kitchen Island
Laundry: Washer Included; Dryer Included; Wshr/Dry HookUp Only; Inside
Other Rooms: Great Room
Features: Vaulted Ceiling(s); Wet Bar; No Interior Steps; Furnished(See Rmrks)
Technology: Cable TV Avail; High Speed Internet Available
Exterior Features: Covered Patio(s); Storage
Parking Features: Dir Entry frm Garage; Electric Door Opener
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Cooling: Refrigeration; Ceiling Fan(s)
Heating: Electric
Plumbing: Electric Hot Wtr Htr
Utilities: SRP
Water: City Water
Sewer: No Sewer/Septic
Services: City Services
Fencing: Block; Partial
Property Description: Corner Lot; East/West Exposure; Alley
Landscaping: Dirt Front; Dirt Back
Showing Notification Methods: Phone Call
Lockbox Type: None
Possession: Close of Escrow
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Disclosures: Agency Discl Req
Listing Office: Prestige Realty
Last Updated: April - 08 - 2024
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