3742 E JASPER Drive
About This Property
This charming single level home offers an open concept greatroom floorplan with 3 bedrooms, 2 bathrooms, and plenty of storage space, creating a comfortable and functional space for everyday living. Fresh interior and exterior paint give the home a clean, updated feel, while beautiful wood-look tile flooring flows throughout the entire home for a cohesive look and easy maintenance. The kitchen includes plenty of cabinet and countertop space, complete with a functional kitchen island and pantry.
Step outside to a backyard designed for relaxing and entertaining! Enjoy a pavered patio, built-in BBQ, and built-in firepit with seating, making it perfect for gathering with family and friends on Arizona evenings. There is also plenty of room to add a lush grass area for kids, pets, or simply creating your own private outdoor retreat. You know what they say in real estate... it's all about Location, Location, Location, and this is an opportunity you won't want to miss!
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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 15, 2026 | Relisted | $410,000 | |
| Relisted | |||
| Oct 10, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Listed by Realty ONE Group | $410,000 | |
| Listed by Realty ONE Group | |||
| Jul 3, 2026 | Price Decreased |
$410,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by ProSmart Realty | $415,000 | |
| Listed by ProSmart Realty | |||
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Charming 3 bed, 2 bath, 2 car garage home nestled in the heart of Gilbert. Natural light & welcoming living room. Eat in kitchen with sliding door to the backyard. Large laundry room, covers patio with built-in BBQ and sitting area, plus fire pit perfect for entertaining. Low maintenance landscaping. The beautiful neighborhood is just a couple miles away from ASU Poly Tech and the Mesa Gateway Airport. San tan Mall and plenty of shopping and dining is within a few miles.
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About Ray Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017