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10020 W MONTECITO Avenue
About This Property
A fireplace and vaulted ceiling define the main living area at 10020 W Montecito Ave, a two-story Phoenix home. The kitchen features stainless steel appliances, wood cabinetry, a tile backsplash, and a breakfast bar beside the dining area. Sliding glass doors connect the interior to a rear patio. The upstairs primary bedroom includes an adjoining bathroom with a tub and shower combination. Additional interior features include tile flooring, ceiling fans, and a main-level laundry area. An attached two-car garage completes the home.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2026 | Price Decreased |
$344,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Sep 24, 2026 | Price Decreased |
$349,000
↓ $9K
(2.5%) | |
| Price Decreased | |||
| Sep 11, 2026 | Price Decreased |
$358,000
↓ $4K
(1.1%) | |
| Price Decreased | |||
| Aug 25, 2026 | Listed by Opendoor Brokerage, LLC | $362,000 | |
| Listed by Opendoor Brokerage, LLC | |||
| Oct 20, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017