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910 E KALER Drive
About This Property
Completed in 2025, this extensive renovation and expansion created a distinctly different North Central Phoenix property, one that delivers the scale, finish and amenities typically sought across the Valley's luxury market, while retaining the established neighborhood, mountain views and central location that make this part of Phoenix so desirable. Set at the end of a cul-de-sac with views of North Mountain and Piestewa Peak, the residence was comprehensively reimagined with updated electrical, plumbing, HVAC and roof, along with new flooring, kitchen and baths. Soaring ceilings, expansive windows and skylights bring natural light throughout, complemented by Paradigm flooring, custom iron-clad entry doors and handcrafted ironwork. The kitchen makes an immediate statement with quartzite surfaces, Thermador appliances, an oversized island, custom cabinetry and wine storage. It opens to substantial dining and living spaces anchored by fireplaces and designed for everything from a quiet dinner to a house full of guests.
The primary suite extends well beyond the bedroom with a beautifully finished bath, large walk-in closet and direct access to an expansive deck overlooking the pool, grounds and mountains. Three additional bedrooms and a custom executive office complete this level. One floor above, an entirely self-contained guest residence changes what this home can be. With its own bedroom, kitchen, bath and dedicated climate control, it can accommodate long-term guests, independent living, a secluded office or an additional living suite. The finished lower level adds another dimension: fitness studio, steam shower, jetted soaking tubs, wet bar, lounge and flexible recreation space. Outside, a heated diving pool and spa, Mist360 cooling system, multiple patios and decks create year-round outdoor living. An extended three-car garage, EV charging, generous additional parking and circular drive complete the property.
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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%.
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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.
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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 Camelback East
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017