$2,999,000
3010 E Yale Street
Phoenix, AZ 85008
MLS# 6214575



3010 E Yale Street, Phoenix, AZ 85008
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Property Description
RARE NEW CONSTRUCTION PROJECT! This intimate new community nestled around a redeveloping neighborhood in Central Phoenix is almost complete. This bulk listing includes 7 single family attached lots. All homes are 3 bed with loft floor plans with 2 car garage and 2.5 baths at 1444 square feet of living space. Builder spec's include all hard surface first level, upgraded kitchens and master bathrooms to name a few. Additionally, all units have private outdoor living space in rear of unit. Home Smart features include push button Zwave locks, doorbell cameral and smart thermostats. Delivery estimated for May 2021. New Build 2-10 Home Warranty Included! Minutes from PHX/Sky Harbor, Camelback Mtn, freeways, restaurants, shopping & nightlife of Arcadia, Biltmore & Scottsdale

Details
Maps
Contract Info
Current Price: $2,999,000
List Price: $2,999,000
Status: Active
List Date: 2021-03-31
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: P35
House Number: 3010
Compass: E
Street Name: Yale
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 8 UPTOWN ON YALE MCR 153943
Subdivision: UPTOWN ON YALE
Assessor's Map #: 22
Assessor's Parcel #: 122
Add'l Parcels: Yes
Assessor Number: 120-22-122
Legal: LOT 8 UPTOWN ON YALE MCR 153943
Census Tract: 111502
Tax Municipality: Phoenix
Taxes: 16800
Tax Year: 2022
Marketing Name: Uptown on Yale
General Property Description
Apx Lot Size Range: 25x52
Year Built: 2021
Total # of Units: 7
# of Buildings: 2
Zoning: R-3
Flood Zone: No
Elementary School: Creighton Elementary School
Jr. High School: Creighton Elementary School
High School: Camelback High School
Elem School Dist #: 014 - Creighton Elementary District
High School Dist #: 210 - Phoenix Union High School District
Remarks & Misc
Cross Street: 32nd Street / Thomas Rd
Directions: Head West on Thomas to 30th Street and turn left (South) to Yale Street. Turn Left (East) and subject is on North side of road.
Geo Lat: 33.476188
Geo Lon: -112.016441
Status Change Info
Status Change Date: 2021-03-31
Legal Info
Township: 2N
Range: 3E
Section: 35
Lot Number: 8
Income & Expenses
Annual Ins Exp: 3150
Annual Maint Exp: 4000
Annual Mgmt Exp: 6300
Owner Association: Yes
Annual Ownr Asoc Fee: 14700
Operating Exp: 44950
Gross Annual Sch Inc: 184380
Vacancy Allowance: 0.03
Adjusted Gross Inc: 178848.6
Net Operating Income: 133899
Pmt & Rate Info
Cap Rate: 4.46
Equity: 2999000
Showing Instructions
To Schedule Showing: Contact Via ShowingTime, Text, Phone, or Email
Primary Showing Contact: Listing Agent
ARMLS Lockbox: Yes
3 Bedrooms Units
# 3 Bedroom Units: 7
Avg Rent: 2195
Avg SqFt: 1444
# Baths: 235
Contact Info
List Agent Home Phn: 602-502-1310
List Agent Cell Phn: 602-502-1310
Property Features
Project Type: 5 - 12 Units
Other Type: Packaged Offering; Other (See Remarks)
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Amenities: Other (See Remarks)
Exterior Amenities: Landscape Wtr System
Interior Amenities: Fire Sprinklers
Appliances Included: F/S Oven/Range; Dishwasher; Disposal; Microwave; W/D Hookup
Heating: Electric
Cooling: Electric Refrigeratd
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking: Garage
Roads/Streets: Asphalt
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electric; Trash; Cable TV
Source of Fincl Data: Projected Proforma
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; 1031 Exchange
Reports/Disclosures: None
Environmental: None

Listing Office: HomeSmart

Last Updated: April - 05 - 2021

3010 E Yale Street, Phoenix, AZ 85008 - MLS# 6214575

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Monday 19th of April 2021 08:51 AM