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1823 W 22ND Avenue
About This Property
1823 W 22nd Ave is a two-story Apache Junction home with 1,683 square feet of living area, three bedrooms, two full bathrooms, and a half bath. The kitchen opens toward the main living area, and the bedrooms occupy the upper level. Both full bathrooms are upstairs, with living space below. The rear exterior includes a patio area, and the home has an attached two-car garage. Built in 2020, the home has a layout that separates gathering areas from the bedroom level. Included 100-Day Home Warranty with buyer activation
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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 |
|---|---|---|---|
| Sep 25, 2026 | Listed by Opendoor Brokerage, LLC | $405,000 | |
| Listed by Opendoor Brokerage, LLC | |||
| Jul 30, 2021 | Sold | ||
| Sold | |||
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About Apache Junction
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017