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Gilbert 85297 Layton Lakes
1108 E ROJO Way
Photo of 1108 E ROJO Way
Sold on Jan 27, 2025

54

Map

Photo of 1108 E ROJO Way
Photo of 1108 E ROJO Way
$715,000
● House - Off Market

1108 E ROJO Way

Gilbert, AZ 85297
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,762 Ft²
$4,148
Est. Monthly
$310
HOA / Fees

About This Property

Stunning 5-bed / 3-bath two-story retreat nestled on an expansive 11,150 sq/ft lot in the beautiful lake subdivision of Layton Lakes! Boasting 2,762 sq/ft of living space, this home features tile and carpet flooring, warm-toned walls, and large dual-pane windows that fill the rooms with natural light. The thoughtfully designed kitchen offers ample cabinetry, granite countertops with a breakfast bar, and a walk-in pantry for all your culinary needs. Step outside to your private oasis with a large covered patio, a heated pool and spa, paver pathways, and lush landscaping with mature trees and shrubs surrounding - perfect for entertaining or unwinding! Community amenities include fishable lakes and streams, playgrounds, tennis courts, basketball courts, sand volleyball, softball and soccer fields, splash pads, and more!
Unit Size
2,762 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$262
Property Type
House
Property Taxes
$278
HOA Dues
$310
Year Built
2010

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (ARMLS #6784629)

Price History

Date / Event Date Event Price
Jan 27, 2025 Sold
Premium
Sold
Nov 15, 2024 Listed by My Home Group Real Estate $724,999
Listed by My Home Group Real Estate
Jan 14, 2015 Sold
Premium
Sold
Oct 29, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,150
  • Total Building Area: 2,762
  • Gross Building Area: 2,762
  • Building Area: 2,762
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 2,762
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAYTON LAKES PARCEL 10 AMD
  • Land Acres: 0000000256
  • Standard Land Use Code: 1001
  • County Land Use Code: 0141
  • State Land Use Code: 0141
  • Legal Description 1: LAYTON LAKES PARCEL 10 AMD MCR 1034-38

Neighborhood

  • School District Name: Chandler Unified District
  • Census Tract: 815901

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: 103438
  • Parcel: 304-58-434
  • Lot: 76
  • Meridian: SEC 8 TWN 2S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.2653
  • Longitude: -111.766

    Address

  • Full Address: 1108 E Rojo Way
  • Address - House Number: 1108
  • Street Direction: E
  • Address - Street Name: Rojo
  • Address - Suffix Type: Way
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R039
  • 4-Digit Zip Code: 0985
  • Zip Code: 85297

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $325,164
  • Tax Rate Code Area: 800609

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 720,939
  • High Value: 853,011
  • Low Value: 588,867

    Market Valuation

  • Market Total Value: $534,800
  • Market Land Value: $106,900
  • Market Improvement Value: $427,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,480
  • Assessed Land Value: $10,690
  • Assessed Improvements Value: $42,790

    Sales

  • Current Sale Contract Date: Jan 06, 2015
  • Current Sale Recording Date: Jan 14, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015-0024408
  • Previous Sale Recording Date: Oct 29, 2010
  • Previous Sale Contract Date: Jun 21, 2010
  • Previous Sale Amount: $283,190
  • Previous Sale Document Type: 20
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Layton Lakes

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$292

Below Asking

0.02%

Average Days on Market

82

Average Home Size

1945 ft²

Average Home Age

9.5 years

Currently For Sale

19 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2513 E Flintlock Place, Chandler, AZ, 85286

$2,400 /mo

  • 4 Beds
  • 3 Baths
  • 1,757 ft²
2513 E Flintlock Place, Chandler, AZ, 85286 Listing by Ryan Christensen
Unit for rent at 2486 E Winchester Place, Chandler, AZ, 85286

$1,995 /mo

  • 3 Beds
  • 2 Baths
  • 1,537 ft²
2486 E Winchester Place, Chandler, AZ, 85286 Listing by Derek R Habbeshaw
Unit for rent at 500 E Rivulon Boulevard, Gilbert, AZ, 85295

$2,833 /mo

  • 2 Beds
  • 2 Baths
  • 1,396 ft²
500 E Rivulon Boulevard #B6, Gilbert, AZ, 85295 Listing by Lauren Bennett

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: George Laughton, My Home Group Real Estate
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6784629
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 1108 East Rojo Way built and last sold?
The property at 1108 East Rojo Way was built in 2010 and last sold on Jan 6, 2015 for $359,900.
How much is this home worth?
The estimated value of the home located at 1108 East Rojo Way is $732,249.
What are some comparable homes to 1108 East Rojo Way?
There are currently no comparable homes to 1108 East Rojo Way.
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