$7,113 Closing Credit¹
#6740171, Michael Bootz, Listing Office: Berkshire Hathaway HomeServices Arizona Properties
$1,250,000 List price
4234 E Western Dr Cottonwood, AZ 86326
$10,000
Closing credit¹
House
Property details
About 4234 E Western Dr
PRICED TO SELL! A fantastic turnkey investment property offering positive cash flow, low maintenance, and exciting potential for future revenue growth. Current cap rate is 7.42% with additional value add opportunities to further increase Cap rate and cash flow. Very rare find these days for CAP rate above 7%. This property has gone through major renovations in 2023 and 2024 including brand new roof, flooring, all ACs and water heaters. See all details in the attached Offering Memorandum in the document section of the listing. Seller is also open to continue managing the property to make it a complete passive investment for buyers. Do not disturb tenants, showing by appointment only. Owner-agent disclosure: The selling agent is also the property owner. Showings will be scheduled only after a contract is accepted. Owner-agent disclosure: The selling agent is also the property owner.
Highlights
Home typeOther
HeatingENERGY STAR Qualified Equipment, Heat Pump, Electric
StatusActive
CoolingCeiling Fan(s), ENERGY STAR Qualified Equipment, Electric, Central Air
Year built1983
ParkingPaved Parking, Free, >1 Space Per Unit, Street Parking
MLS #6799452
Summary
- MLS Number: 6799452
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Fathom Realty
- Office Phone: (928) 830-2900
- Office Email: bobettesanchez@FathomRealty.com
- Listing Agent: Han Wu
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© 2025 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: 3/15/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,250,000
4234 E Western Dr
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 01, 2023 | Home Sold | $575,000 |
| May 16, 2018 | Home Sold | $230,000 |
| Oct 21, 2003 | Home Sold | $24,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2025 | $104,440 | $4,247 |
| 2024 | $111,128 | $4,247 |
| 2023 | $80,303 | $4,247 |
| 2022 | $55,161 | $4,311 |
| 2021 | $41,951 | $3,933 |
| 2020 | $49,591 | $3,894 |
| 2019 | $37,703 | $3,894 |
| 2018 | $36,603 | $3,751 |
History based on county public records data.
Nearby schools
2
Camp Verde Elementary School
Public District PK-5
10.2 mi
•200 Camp Lincoln Rd
2
West Sedona Elementary School
Public District PK-6
16.6 mi
•570 Posse Ground Rd
7
Humboldt Elementary School
Public District KG-6
19.6 mi
•2750 S Corral St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,391. Typical income of Cottonwood, AZ residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
42%
<35k
47%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
19%
Single, with Kids
22%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
36%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
Extreme Sports
Where do the neighbors shop?
Kmart
Wal-Mart
Family Dollar
Where do the neighbors go to eat?
Bob Evans
Sonic
Dominos Pizza
What do the neighbors drive?
Buick
Oldsmobile
Ford
What do the neighbors listen to?
Oldies- Contemporary Inspirational
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4234 E Western Dr
This home is located at 4234 E Western Dr in Cottonwood, AZ and zip code 86326. Features: 0 bathroom. It has been listed on Rocket Homes since January 2, 2025 and is currently priced at $1,250,000.
The inventory of homes for sale in Cottonwood, AZ between January and February 2025 increased by 5.6%. The median list price of listings available in February 2025 was $498,000, while the average time on the real estate market was 91 days.
From Rocket Homes Real Estate and based on county public records data.