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3080 E POWELL Way
About This Property
3080 E Powell Way is a one-story Gilbert single family home built in 2006 on a sizable lot. The kitchen centers on an island with additional prep space and seating, wood cabinetry, stone countertops, and stainless steel appliances, opening to the adjoining living and dining areas. Multiple living spaces provide flexible room for gathering and everyday use, with large windows drawing in natural light throughout the single-level layout. The primary suite includes a walk-in closet for organized storage and an ensuite bathroom with a separate soaking tub, a glass-enclosed shower, and dual sinks
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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 1, 2026 | Price Decreased |
$618,000
↓ $12K
(1.9%) | |
| Price Decreased | |||
| Sep 17, 2026 | Price Decreased |
$630,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Jul 21, 2026 | Listed by Opendoor Brokerage, LLC | $650,000 | |
| Listed by Opendoor Brokerage, LLC | |||
| Jul 7, 2026 | Sold | ||
| Sold | |||
| Jun 16, 2026 | In contract | - | |
| In contract | |||
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About Shamrock Estates
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$2,450 /mo
- 4 Beds
- 2 Baths
- 1,932 ft²
$2,500 /mo
- 3 Beds
- 2 Baths
- 1,693 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017