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3003 N 111TH Drive
About This Property
3003 N 111th Dr, Avondale AZ 85392 is a residence with lake views. The kitchen features a center island, Formica countertops, a walk-in pantry, and stainless steel appliances, creating a fully equipped space for cooking and entertaining. A fireplace anchors the main living area, adding warmth and ambiance to the central gathering space. Interior paint extends throughout, and a laundry room adds utility. The primary bathroom includes double sinks for everyday convenience and a separate tub and shower. A covered patio extends the living space outdoors, flowing to a fully fenced backyard with no home behind, and a
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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 7, 2026 | Listed by Opendoor Brokerage, LLC | $461,000 | |
| Listed by Opendoor Brokerage, LLC | |||
| Mar 28, 2019 | Sold | ||
| Sold | |||
| Feb 8, 2019 | No longer available | - | |
| No longer available | |||
| Jan 26, 2019 | Price Decreased |
$283,000
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Jan 12, 2019 | Price Decreased |
$285,000
↓ $2K
(0.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017