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6424 N 17TH Place
About This Property
The open-concept great room flows into a kitchen featuring quartz countertops, a generous island, gas cooktop, KitchenAid appliances, custom cabinetry, and abundant workspace for entertaining or everyday living. Upstairs, the spacious primary suite offers dual vanities, a separate soaking tub and shower, and a walk-in closet, while two additional bedrooms provide comfort and privacy for guests or family. A tankless gas water heater and energy-efficient construction add long-term value and convenience. The private backyard offers just enough room to entertain without sacrificing your weekends to maintenance. A neighborhood dog park and walking paths add to the community feel, while nearby destinations like Town and Country shopping center, the Arizona Biltmore, and the Central Corridor place some of Phoenix's best dining, shopping, and entertainment just minutes from your front door.
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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 |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Price Decreased |
$649,000
↓ $11K
(1.7%) | |
| Price Decreased | |||
| Jun 18, 2026 | Listed by Compass | $660,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017