1935 E Joy Ranch Rd - Specialty FOR SALE


Phoenix, AZ 85086- North Gateway
$14,990,000 USD
602-809-2890
1935 E Joy Ranch Rd, Phoenix, AZ for Sale
$14,990,000 USD
Specialty - FOR SALE
1/64
null | Request Cap Rate

Mar '26


1935 E Joy Ranch Rd
Phoenix, AZ 85086
North Gateway


OVERVIEW

An income property or owner user, all on a 90,823 Sq Ft lot* *The 3,375 Sq Ft Main House is the most unusual construction and floor plan you have ever seen and has four bedrooms 2.5 baths on three levels * *There is a relaxing Pool and Patio plus an 839 Sq Ft Guest Quarters that at one time was a garage* *The third structure is a 5,095 Sq Ft garage/workshop with office and bath which is currently rented to a cabinet shop* *An owner has three choices: 1) own the property as an income producing property - house rents for $3,000/Month - the guest house rents for $2,000/Month- and the garage/workshop rents for $5,600/Month - total $10,600/Month or $127,200/Year. The expenses are Insurance $3,200, R. E. Taxes $5,390, Maintenance $2,800 and 5% vacancy $6,360 - $17,500/Year. NOI $109,450. Cap Rate 7.5%: 2) Live in the home and rent the guest house and rent the garage/workshop; 3) Live in a very interesting home with guest house and have a great garage/workshop.

FOR SALE DETAILS

PRICE

$14,990,000 USD

PRICE/SF

$1,610 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

211-69-132C

ASK ABOUT THIS PROPERTY

Jim McCabeFathom Realty EliteMore Info
602-809-2890

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jim McCabeFathom Realty EliteMore Info
602-809-2890

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.