12806 W CHARTER OAK Road, El Mirage, AZ 85335, El Mirage, 85335 - 3 bed, 2 bath
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El Mirage, AZ 85335
This Turnkey Income-Generating Asset is listed at $450,000, positioned accurately alongside its $445,054 Fair Market Value. The property functions as a high-performing rental, delivering a 6.07% Cap Rate with a $2,500 monthly lease secured until July 2027. Featuring an Excellent Condition Rating, the home underwent an extensive remodel including quartz countertops, stainless steel appliances, and luxury vinyl plank flooring. With a spacious 1,901 square foot layout near Dysart High School, this asset offers long-term stability. It is an ideal acquisition for Buy-and-Hold Investors or Wealth-Building Professionals seeking immediate, passive ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12806 W CHARTER OAK Road Subject | $450,000* List Price | 3 | 2 | 1,901 | $234 | - |
A 12909 W ASTER Drive Sold | $370,000 | 4 | 2 | 1,756 | $211 | 0.4 mi |
B 12924 W ASH Street Sold | $376,000 | 4 | 3 | 2,108 | $178 | 0.8 mi |
C 12909 W ASTER Drive Sold | $370,000 | 4 | 2 | 1,756 | $211 | 0.4 mi |
D 12333 W VALENTINE Avenue Sold | $390,000 | 4 | 3 | 1,978 | $197 | 0.8 mi |
E 13002 W CORRINE Drive Sold | $324,000 | 3 | 2 | 1,407 | $230 | 0.4 mi |
F 12623 W ROSEWOOD Drive Sold | $362,000 | 3 | 2 | 1,794 | $202 | 0.4 mi |
G 12740 W ROSEWOOD Drive Active | $369,900 List Price | 3 | 3 | 1,794 | $206 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that meets current quality standards. Key upgrades include new luxury vinyl plank flooring with 5-inch baseboards, brand-new Shaker-style kitchen cabinets, quartz countertops, and new stainless steel appliances. The bathrooms have been updated with matching countertops, new sinks, toilets, and faucets. Additionally, the installation of a new water heater and fresh paint throughout ensures the home has no deferred maintenance, qualifying it for an excellent rating despite its 2002 build date.
The property offers immediate cash flow with a long-term lease in place until July 2027, performing at a strong 6.07% cap rate with a monthly rent of $2,500.
Extensively remodeled with luxury vinyl plank flooring, quartz countertops, Shaker-style cabinets, and stainless steel appliances, ensuring a contemporary and high-end feel.
The 1,901 square foot floor plan includes three large bedrooms plus a versatile den and soaring 9+ foot ceilings, providing an open and airy living environment.
Due to the existing lease agreement through mid-2027, the property is not available for immediate move-in by a primary residence buyer.
The local elementary school carries a lower rating of 4/10, which may be a consideration for families prioritizing high-performing educational districts.
Rental income right away! Long term lease. 07/31/2027. $2500 monthly. This performs at a 6.07% cap! Beautifully Remodeled Home in El Mirage, AZ - Must See! Welcome to this stunning newly remodeled single-family home in El Mirage! Featuring 3 large bedrooms, a DEN, and 2 bathrooms, this home offers modern upgrades throughout. With soaring 9+ foot flat ceilings, the space feels open and inviting. Visit to find luxury vinyl plank flooring with upgraded underlayment and elegant 5-inch baseboards throughout. The kitchen boasts brand new Shaker style kitchen cabinets, stainless steel appliances, sleek quartz countertops, and a coordinated look with matching countertops in the bathrooms. Additional updates include new sinks, toilets, and faucets and water heater ensuring every detail is pristine
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,901 | 1,615 | 74% |
| Lot Size | 6,050 | 5,481 | 67% |
| Price | $450.0K | $330.0K | 97% |
| Price per sq ft | $237 | $208 | 66% |
| Built year | 2002 | 2002 | 50% |
| HOA | $21 | $73 | 29% |
| Days on market | 108 | 2445 | 1% |
Jan 4, 2026
$450,000
Initial Listing