For SaleNeutral Deal14 days on market
31852 N 61st Street
31852 N 61st Street, Cave Creek, AZ 85331, Cave Creek, AZ 85331
$1,675,000
Listing Price
31852 N 61st Street, Cave Creek, AZ 85331
Loc: Cave Creek, AZ
Days Listed
14
Tax Assessed
$1232k
Lot Size
0.38 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
1 mi away
10
Cactus Shadows High School
8-12
0.7 mi away
4
Sonoran Trails Middle School
6-8
3 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
ranchstucco exteriorsouthwestern stylesingle-storycurb appeallandscapedxeriscapedgaragearched windowsdesert aestheticstone accentswelcomingresidentialdriveway
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.59%
Total ROI
102.0%
Cash Flow
$501/mo
DSCR
1.06
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $501/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 |
|---|---|---|---|
| 2026-09-11 | Listed for sale | $1,675,000 | $475 |
| 2023-08-07 | Sold | $1,450,000 | $411 |
| 2023-06-02 | Listed for sale | $1,450,000 | $411 |
| 2016-04-12 | Sold | $695,000 | $197 |
| 2016-03-04 | Pending sale | $719,995 | $204 |
| 2015-12-19 | Price change | $719,995 | $204 |
| 2015-11-26 | Price change | $739,990 | $210 |
| 2015-11-17 | Price change | $747,390 | $212 |
| 2015-06-26 | Price change | $739,990 | $210 |
| 2015-06-24 | Price change | $757,493 | $215 |
| 2015-06-02 | Price change | $750,474 | $213 |
| 2015-05-14 | Price change | $749,991 | $213 |
| 2015-05-02 | Price change | $764,991 | $217 |
| 2015-03-27 | Price change | $741,312 | $210 |
| 2015-01-28 | Price change | $740,934 | $210 |
| 2015-01-23 | Price change | $739,934 | $210 |
| 2015-01-08 | Price change | $739,948 | $210 |
| 2015-01-02 | Price change | $728,218 | $207 |
| 2014-12-13 | Price change | $711,508 | $202 |
| 2014-11-03 | Listed for sale | $706,508 | $200 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,086.16 | $123,230 |
| 2024 | $3,035.48 | $134,110 |
| 2023 | $2,948.3 | $50,112 |
| 2022 | $2,967.1 | $70,030 |
| 2021 | $3,088.9 | $68,200 |
| 2020 | $2,979.4 | $61,160 |
| 2019 | $2,863.28 | $58,710 |
| 2018 | $2,863.28 | $57,350 |
| 2017 | $2,757.62 | $51,670 |
| 2016 | $1,045.88 | $46,860 |
| 2015 | $1,172.62 | $27,216 |
| 2014 | $0 | $26,688 |
| 2013 | $0 | $22,480 |
| 2009 | $0 | $13,531 |
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