$414,900
●
House -
In Contract
1304 W 7TH Place
Tempe, AZ 85281
3 Beds
2 Baths
1,300 Ft²
$2,156
Est. Monthly
About This Property
This 3-bedroom, 2-bathroom home with a functional carport combines
sleek, low-maintenance finishes with an unbeatable, highly
accessible location. The interior is defined by a bright open floor
plan with tile flooring, ensuring a seamless, carpet-free
environment that stays cool in the desert climate. The updated
kitchen is both stylish and functional, boasting premium granite
countertops and a full suite of stainless steel appliances. The
primary suite serves as a comfortable private retreat, complete
with a large walk-in closet and an attached en-suite bath. Outside,
the property features the sheltered carport out front and a
private, fully fenced yard perfect for secure pet play, gardening,
or outdoor dining. Strategically situated for maximum commuter
convenience, the home offers rapid access to major freeways and
sits just minutes from Downtown Phoenix and Phoenix Sky Harbor
International Airport.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$319
Property Type
House
Property Taxes
$119
HOA Dues
-
Year Built
1958
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 17 days ago (ARMLS #7033806)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2026 | Price Decreased |
$414,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$424,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Jul 11, 2026 | Price Decreased |
$434,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
| May 27, 2026 | Listed by Entera Realty LLC | $439,900 | |
| Listed by Entera Realty LLC | |||
Show More
Property Highlights
Air Conditioning
Parking Details
Has Carport
Has Open Parking
Open Parking Spaces: 2
Interior Details
Interior Features: 3/4 Bath Master Bdrm
Flooring Type: Vinyl, Tile
Laundry Features: Wshr/Dry HookUp Only
Rooms: 5
Exterior Details
Square Footage: 1300
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1958
Builder Name: N/A
Building Area Total: 1300
Building Area Units: Square Feet
Construction Materials: Wood Siding, Painted
Lot Features: Gravel/Stone Front, Gravel/Stone Back
Lot Size Area: 6460
Lot Size Units: Square Feet
Lot Size Acres: 0.15
Lot Size Square Feet: 6460
Tax Lot: 19
Water Source: Public
Financial Details
Tax Map Number: 37.00
Tax Annual Amount: $1,425
Utilities Details
Cooling Type: Central Air
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: No Fees
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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HOA + Taxes
About Sunset
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Listed by: Robert E Salmons Jr, Entera Realty LLC
Last Updated: 17 days ago
Data Source: ARMLS, MLS# 7033806
Last Updated: 17 days ago
Data Source: ARMLS, MLS# 7033806
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]
Brokerage email: [email protected]
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