For SaleNeutral Deal313 days on market
40229 N 32 Street
40229 N 32 Street, Cave Creek, AZ 85331, Cave Creek, AZ 85331
$1,550,000
Listing Price
40229 N 32 Street, Cave Creek, AZ 85331
Loc: Cave Creek, AZ
Days Listed
313
Tax Assessed
$808k
Lot Size
2.38 acres
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Desert Mountain School
PK-8
4.8 mi away
10
Boulder Creek High School
7-12
7.5 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
luxuryindoor-outdoor livingsouthwesternstuccoinfinity-edge poolmountain viewpanoramic sunsetcovered patioretractable glass wallsdesert architecturehigh-endsceniccontemporary
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.72%
Total ROI
104.9%
Cash Flow
$636/mo
DSCR
1.08
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $636/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.7%)
- • 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 |
|---|---|---|---|
| 2026-08-28 | Price change | $1,550,000 | $464 |
| 2026-06-29 | Price change | $1,630,000 | $487 |
| 2026-05-12 | Listed for sale | $1,650,000 | $493 |
| 2026-04-18 | Contingent | $1,749,900 | $523 |
| 2025-11-19 | Listed for sale | $1,749,900 | $523 |
| 2003-05-08 | Sold | $750,000 | $224 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,706.28 | $80,830 |
| 2024 | $3,694.02 | $84,900 |
| 2023 | $3,659.64 | $42,043 |
| 2022 | $3,819.66 | $53,960 |
| 2021 | $3,937.74 | $50,160 |
| 2020 | $3,839.54 | $48,500 |
| 2019 | $3,727.48 | $43,710 |
| 2018 | $3,727.48 | $42,870 |
| 2017 | $3,611.42 | $40,870 |
| 2016 | $3,132.3 | $36,980 |
| 2015 | $2,996.86 | $34,450 |
| 2014 | $0 | $28,920 |
| 2013 | $0 | $26,020 |
| 2012 | $0 | $27,650 |
| 2011 | $0 | $29,480 |
| 2010 | $0 | $35,970 |
| 2009 | $0 | $48,810 |
| 2008 | $0 | $62,550 |
| 2007 | $0 | $64,750 |
| 2006 | $0 | $32,800 |
| 2005 | $0 | $32,800 |
| 2004 | $0 | $29,600 |
| 2003 | $0 | $42,750 |
| 2002 | $0 | $29,600 |
Similar Properties Nearby
Explore other investment opportunities in Cave Creek.