43
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22619 N 31ST Drive
About This Property
Inside, the well-designed floor plan features separate living and family rooms, providing flexible spaces. The upgraded kitchen is a standout, showcasing beautiful cabinetry, granite countertops, and ample workspace for meal preparation and gatherings.
French doors open to a beautifully landscaped backyard retreat complete with a sparkling pool, covered patio, and plenty of room to enjoy Arizona's outdoor lifestyle. Whether you're hosting guests or unwinding after a long day, this backyard is designed for year-round enjoyment.
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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 30, 2026 | Price Decreased |
$400,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Oct 16, 2026 | Price Decreased |
$405,000
↓ $8K
(1.8%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$412,500
↓ $13K
(2.9%) | |
| Price Decreased | |||
| Jun 24, 2026 | Listed by EveryPlace | $425,000 | |
| Listed by EveryPlace | |||
| Mar 10, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017