For SaleNeutral Deal2 days on market

12231 N 37TH Street

12231 N 37TH Street, Phoenix, AZ 85032, Phoenix, AZ 85032
$699,900

Listing Price

Property image 1
12231 N 37TH Street, Phoenix, AZ 85032
Loc: Phoenix, AZ
Days Listed
2
Tax Assessed
$418k
Lot Size
8,037 sqft
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 Cove Elementary School

PK-6
1.4 mi away
9

Shadow Mountain High School

7-12
1.4 mi away
4

Shea Middle School

5-8
1.6 mi away
Haven Underwritten Market·Moderate DSCR (0.65x)

Phoenix, AZ Investment Analysis (2026)

Cap Rate: 4.08% · Median Rent: $2,450/mo · Effective Tax: 0.62%

Open Phoenix Market Underwrite

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

ranch stylesingle storystucco exteriorattached garagesolar panelsdesert landscapinggravel yardcontemporaryminimalistsunset lightingresidentialcurb appeallow maintenance

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.67%
Total ROI
103.9%
Cash Flow
$260/mo
DSCR
1.07
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $260/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 Phoenix
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

DateEventPricePrice/sqft
2026-09-23Listed for sale$699,900$463
2026-08-12Sold$413,000$273

Tax History

YearProperty TaxTax Assessment
2025$1,548.72$41,810
2024$1,509.52$42,980
2023$1,476.22$16,570
2022$1,492.14$27,570
2021$1,464.82$24,370
2020$1,471.38$22,700
2019$1,417.84$20,910
2018$1,417.84$19,170
2017$1,354.12$19,830
2016$1,236.28$17,960
2015$1,207.96$16,260
2014$0$12,120
2013$0$9,710
2012$0$10,620
2011$0$12,120
2010$0$15,720
2009$0$20,430
2008$0$23,050
2007$0$19,450
2006$0$12,050
2005$0$12,050
2004$0$10,850
2003$0$10,850
2002$0$8,850
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
1,513

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