2047 N CANELO Hills
About This Property
The home also includes a water softener, along with garage cabinets and a built-in workbench for extra storage and workspace. Thoughtfully maintained and cared for by its current owner, this home is ready for its next chapter. Mountain Bridge offers top-tier community amenities including a heated pool and spa, fitness center, tennis and pickleball courts, a full-size basketball court, putting green, and miles of neighborhood trails. With Usery Mountain, the Superstitions, Saguaro Lake, and Canyon Lake all close by, this home puts you in a great spot to enjoy everything there is to love about Arizona.
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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 20, 2026 | Sold | ||
| Sold | |||
| Oct 5, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2026 | Listed by My Home Group Real Estate | $655,000 | |
| Listed by My Home Group Real Estate | |||
| May 20, 2019 | Sold | ||
| Sold | |||
| Jan 24, 2019 | Listed by My Home Group Real Estate | $473,999 | |
| Listed by My Home Group Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017