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7422 W DARREL Road
About This Property
The open, functional layout provides plenty of space for everyday living, entertaining, or working from home. Recent updates include new carpet, washer, dryer, stove, dishwasher, and toilets, making this home truly turnkey.
Step outside to your private backyard oasis featuring a heated PebbleTec pool, covered gazebo, and plenty of room to relax or entertain year-round. Located in the desirable Trailside Point community, you'll enjoy walking distance to Trailside Point Performing Arts Academy, neighborhood parks with playgrounds, a splash pad, sports courts, and scenic walking paths. Outdoor enthusiasts will appreciate the home's proximity to South Mountain Park and Preserve, offering miles of hiking, biking, and horseback riding trails. Shopping, dining, grocery stores, and everyday conveniences are just minutes away, with easy access to Loop 202 for a quick commute to Downtown Phoenix, Sky Harbor Airport, and destinations throughout the Valley. Laveen continues to be one of the Valley's fastest-growing communities, offering a welcoming neighborhood feel with convenient access to city amenities.
Whether you're looking for room to grow or simply a home that's ready to enjoy from day one, 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.
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About Laveen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017