For SaleNeutral Deal24 days on market
40190 N 50TH Street
40190 N 50TH Street, Cave Creek, AZ 85331, Cave Creek, AZ 85331
$2,299,000
Listing Price
40190 N 50TH Street, Cave Creek, AZ 85331
Loc: Cave Creek, AZ
Days Listed
24
Tax Assessed
$1668k
Lot Size
5.03 acres
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
4.3 mi away
10
Cactus Shadows High School
8-12
4.6 mi away
4
Sonoran Trails Middle School
6-8
8.1 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
Southwesternstucco exteriorinfinity pooldesert landscapingluxuryoutdoor kitchencovered patiomountain viewssunset settingnatural stonefire pitcontemporary desert
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.59%
Total ROI
102.1%
Cash Flow
$700/mo
DSCR
1.06
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $700/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.6%)
- • 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 |
|---|---|---|---|
| 2026-09-01 | Listed for sale | $2,299,000 | $545 |
| 2003-08-06 | Sold | $280,000 | $66 |
| 1999-05-28 | Sold | $475,800 | $113 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,721.26 | $166,830 |
| 2024 | $4,875.6 | $167,460 |
| 2023 | $4,767.64 | $120,219 |
| 2022 | $4,947.16 | $118,270 |
| 2021 | $5,408.66 | $118,110 |
| 2020 | $5,442.42 | $103,850 |
| 2019 | $5,220.28 | $103,450 |
| 2018 | $5,220.28 | $100,550 |
| 2017 | $4,996.7 | $96,080 |
| 2016 | $4,677.04 | $102,610 |
| 2015 | $4,360.12 | $93,560 |
| 2014 | $0 | $80,710 |
| 2013 | $0 | $82,750 |
| 2012 | $0 | $82,750 |
| 2011 | $0 | $92,970 |
| 2010 | $0 | $112,130 |
| 2009 | $0 | $119,020 |
| 2008 | $0 | $136,250 |
| 2007 | $0 | $118,250 |
| 2006 | $0 | $37,360 |
| 2005 | $0 | $31,840 |
| 2004 | $0 | $31,840 |
| 2003 | $0 | $20,720 |
| 2002 | $0 | $20,720 |
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