For SaleNeutral Deal40 days on market
6231 E MARK Way #29
6231 E MARK Way #29, Cave Creek, AZ 85331, Cave Creek, AZ 85331
$750,000
Listing Price
6231 E MARK Way #29, Cave Creek, AZ 85331
Loc: Cave Creek, AZ
Days Listed
40
Tax Assessed
$646k
Lot Size
4,544 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Black Mountain Elementary School
PK-6
2.8 mi away
10
Cactus Shadows High School
8-12
3.2 mi away
4
Sonoran Trails Middle School
6-8
6.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
MediterraneanTuscan-stylestone veneer facadestucco exteriorattached garagepaver drivewaydesert landscapingcactishutter accentstile roofsuburbanlow maintenancesingle-story
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.51%
Total ROI
100.3%
Cash Flow
$175/mo
DSCR
1.05
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $175/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • Strong rental demand in Cave Creek
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-21 | Listed for sale | $750,000 | $380 |
| 2026-06-20 | Listing removed | $725,000 | $367 |
| 2026-06-19 | Pending sale | $725,000 | $367 |
| 2026-06-19 | Listed for sale | $725,000 | $367 |
| 2026-05-20 | Pending sale | $725,000 | $367 |
| 2026-05-01 | Contingent | $725,000 | $367 |
| 2026-05-01 | Listed for sale | $725,000 | $367 |
| 2026-02-10 | Contingent | $725,000 | $367 |
| 2026-02-10 | Listed for sale | $725,000 | $367 |
| 2026-02-10 | Pending sale | $725,000 | $367 |
| 2026-01-07 | Price change | $725,000 | $367 |
| 2025-12-04 | Price change | $750,000 | $380 |
| 2025-08-15 | Price change | $775,000 | $392 |
| 2025-07-25 | Listed for sale | $799,000 | $405 |
| 2013-04-19 | Sold | $366,371 | $186 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,397.44 | $64,630 |
| 2024 | $1,400.44 | $64,610 |
| 2023 | $1,368.1 | $36,153 |
| 2022 | $1,413.04 | $44,580 |
| 2021 | $1,563.38 | $45,020 |
| 2020 | $1,516.04 | $41,870 |
| 2019 | $1,459.4 | $39,550 |
| 2018 | $1,459.4 | $37,700 |
| 2017 | $1,406.74 | $36,350 |
| 2016 | $1,323.66 | $36,030 |
| 2015 | $1,225.42 | $32,980 |
| 2014 | $0 | $23,400 |
| 2013 | $0 | $21,400 |
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