3 months on rocket

Sale Pending

18202 N Cave Creek Rd Multi, Multi, Phoenix, AZ, 85032

$1,480,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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18202 N Cave Creek Rd Multi, Phoenix$1,480,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOther (See Remarks), Assigned, Add'l Parking Avail, 1 Space/Unit, Common
Year Built1983
HeatingElectric
CoolingCentral Air, Electric
MLS #6663975
StatusSale Pending

About 18202 N Cave Creek Rd Multi

Welcome to an extraordinary real estate investment opportunity that offers both immediate returns and long-term potential. These eight remodeled condo units are not just properties; they represent a strategic step towards building a robust and reliable real estate portfolio. Recently refurbished with a keen eye for modern elegance, these units offer a comfortable and enticing living space for current and potential tenants. Nestled in a prime location and with in-demand amenities, they boast low monthly expenses while offering a fantastic cap rate of 6.72% % for investors. The appeal doesn't end here; these units are not only warrantable and VA-approved but also offer access to guaranteed subsidized rental programs. This unique investment package allows...

Property Details

Property Features

Property Information:

  • Year Built: 1983

Listing Office:

  • Office Name: RE/MAX Fine Properties
  • Office Email: gremmers@fineprop.com
  • Listing Agent: Amy Brown

Interior Features

Interior Information:

  • Flooring Type: Vinyl

Exterior Features

Parking Information:

  • Parking: Other (See Remarks), Assigned, Add'l Parking Avail, 1 Space/Unit, Common

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • North Canyon High School, Public District Grades 9-12
  • Pvonline, Public District Grades KG-12
  • Vista Verde Middle School, Public District Grades 7-8
  • Echo Mountain Intermediate School, Public District Grades 4-6
  • Echo Mountain Primary School, Public District Grades PK-3

Other

Directions Information:

  • Directions: South on Cave Creek to Michigan Ave. Complex will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,480,000
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

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Phoenix, AZ

City

Med. Sold Price

$444.3K

Med. Price/SqFt

$283

Avg. Days On Market

55

# of Sold Homes

1493

18202 N Cave Creek Rd Multi vs Phoenix

90 DAYS ON ROCKET

+35 Days

$1,480,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6663975

Listing Office:

  • Office Name: RE/MAX Fine Properties
  • Office Email: gremmers@fineprop.com
  • Listing Agent: Amy Brown

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2024, 11:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$7,454

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-932688
1
/10

  • Echo Mountain Primary School

  • 1811 E Michigan Ave Ste 3

  • 0.68 miles

  • Public District Grades PK-3

Middle School

school-card-donut-932689
2
/10

  • Vista Verde Middle School

  • 2826 E Grovers Ave

  • 0.66 miles

  • Public District Grades 7-8

school-card-donut-932690
2
/10

  • Echo Mountain Intermediate School

  • 1811 E Michigan Ave Ste 3

  • 0.68 miles

  • Public District Grades 4-6

High School

school-card-donut-932691
4
/10

  • North Canyon High School

  • 1700 E Union Hls Dr

  • 0.71 miles

  • Public District Grades 9-12

school-card-donut-932692
3
/10

  • Pvonline

  • 15002 N 32nd St

  • 2.25 miles

  • Public District Grades KG-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,935. Typical income of Phoenix, AZ residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18202 N Cave Creek Rd Multi

What is the listing price of this property?

The listing price of 18202 N Cave Creek Rd Multi property is $1,480,000.

What type of property is this?

The property 18202 N Cave Creek Rd Multi is a house located in Multi, Phoenix, Arizona, 85032.

Is this property for sale now?

Sale Pending: 18202 N Cave Creek Rd Multi is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 18202 N Cave Creek Rd Multi are:
Echo Mountain Primary School: GreatSchools Rating 1/10
Vista Verde Middle School: GreatSchools Rating 2/10
Echo Mountain Intermediate School: GreatSchools Rating 2/10
North Canyon High School: GreatSchools Rating 4/10
Pvonline: GreatSchools Rating 3/10

Which year was this property built?

The year of construction for 18202 N Cave Creek Rd Multi is 1983.

Rocket Homes›Arizona›Maricopa County›Phoenix›85032›18202 N Cave Creek Rd Multi

This home is located at 18202 N Cave Creek Rd Multi in Multi, Phoenix, AZ and zip code 85032 in the Mountain Springs Terrace neighborhood. This home was built in 1983. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $1,480,000.

While more than 306 listings in Phoenix, AZ in April 2024 were sold above asking price, there were more than 374 listings sold at asking price, and more than 813 were sold below. Between March 2024 and April 2024, Phoenix, AZ real estate market has seen increase in the number of listings by 2.5%. In April 2024, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $444,345.

From Rocket Homes Real Estate and based on county public records data.

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