401 S Robert Rd, Tempe, AZ 85281
$499,999
Reduced By $25,000, last change 11/15/2024
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Home Description
Unlock Your House-Hacking Potential in the Heart of Tempe! This expansive 5-bedroom, 2-bathroom home offers a rare combination of space, style, and income-generating possibilities, perfect for investors or savvy homebuyers. Live in one room and Airbnb the rest, rent out individual rooms, or make it your full-time residence while letting the property pay for itself. Projected to generate an impressive annual revenue of $69,007, this home boasts a 10.4% Cap Rate, 13.7% Gross Yield, and a 15.4% Cash-on-Cash Return. Thoughtfully updated, the home features a bright, airy kitchen with sage-colored cabinets and skylights, alongside energy-efficient double-pane windows and durable block walls for added insulation. With prime proximity to Tempe's top amenities and solid Airbnb performance in the area, this property is poised for consistent returns. Don't miss this unique opportunity to own a spacious, stylish home with significant investment upside! Maximize rental space with 5 rooms or swap one room for an oversized primary suite.
! Properties that offer this perfect blend of aesthetic appeal and an unbeatable environment near ASU, Mill Ave, and the 10, 60 ,202 freeways are truly one-of-a-kinddon't miss the chance to make it yours
- Pool: None
- Spa: None
- Garage Spaces: 0.00
- Interior: Eat-in Kitchen,No Interior Steps
- Full Baths: 2
- Partial Baths: 0
- Fireplace: None
- Flooring: Laminate
Available now at $499,999
- Exterior: Patio
- Construction: Block,Brick Veneer,Painted
- Lot: Gravel/Stone Back,Gravel/Stone Front
- Lot Sq Ft: 6817
- Water: City Water
- Tax Municipality: Tempe
- Association Amenities: None
Neighborhood
The average asking price of a 5 bedroom Tempe home in this zip code is
$746,980 (49.4% more than this home).
This home is priced at $328/sqft,
which is 1.2% less than similar homes
in the 85281 zip code.
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School Information
- District:Tempe Union High School District (High School), Tempe Elementary School District (Elementary)
- Elementary:Scales Technology Academy
- Junior High:Geneva Epps Mosley Middle School
- High School:Tempe High School
Financial
- Approx Payment:$2,432*
- Taxes:$1,593
Area Stats
These statistics are updated daily from the Metropolitan Phoenix Board of REALTORS® Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(619) 253-6721 and speak with one of our real estate consultants.
Popular Homes
$640,714
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239
0.0%
48.5%
73
$737,677
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80
0.0%
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69
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$623,000
597
0.2%
53.6%
60
$7,337,362
$3,500,000
47
0.0%
29.8%
92
$2,296,333
$2,275,000
9
0.0%
44.4%
141
$861,286
$645,000
773
0.0%
53.3%
66
$562,143
$485,000
687
0.4%
54.4%
69
$748,895
$512,500
220
0.0%
44.5%
130
$856,445
$685,000
13
0.0%
38.5%
65
$1,367,703
$1,225,000
7
0.0%
57.1%
127
$634,942
$525,000
1406
0.4%
50.2%
65
$661,715
$617,450
20
5.0%
50.0%
61
$7,590,007
$5,900,000
218
0.0%
37.6%
124
$679,488
$599,900
835
0.0%
55.4%
79
$773,095
$529,900
3161
0.7%
51.9%
72
$613,723
$550,000
51
0.0%
43.1%
53
$2,303,878
$1,498,000
1617
0.2%
43.8%
95
$1,271,393
$1,050,000
15
0.0%
53.3%
75
$583,290
$547,450
10
0.0%
70.0%
72
$2,513,723
$2,395,000
97
0.0%
42.3%
117
$1,064,224
$1,039,998
8
0.0%
62.5%
62
$490,553
$474,000
19
0.0%
42.1%
62
Listing Courtesy of Coldwell Banker Realty.
For information or to schedule a viewing of this property (MLS# 6748518), call: 619 253 6721
401 S Robert Rd, Tempe AZ is a single family home of 1524 sqft and
is currently priced at $499,999
.
This single family home has 5 bedrooms.
A comparable home for sale at 1416 E Don Carlos Ave in Tempe is listed at $675,000.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos and New Homes
in Tempe, AZ.
North Shore Condominiums, Lindon Park and Laird Estates are nearby neighborhoods.
MLS 6748518 has been posted on this site since 9/1/2024 (today).