$835,000
↓ $15K (1.8%)
●
House -
For Sale
1124 N 115TH Place
Mesa, AZ 85207
4 Beds
3 Baths
2,260 Ft²
$4,272
Est. Monthly
About This Property
Stunning, meticulously maintained, fully fenced horse property
across from thousands of acres of riding, UTV, and hiking trails!
This spacious home features a large kitchen with abundant cabinetry
and counter space, oversized bedrooms, and a primary suite with
walk-in closets. Separate living and family rooms provide flexible
space for a home office, gym, mother-in-law suite, or playroom. The
attached mother-in-law studio offers a full bath and kitchenette.
Outside, enjoy 3 covered patios, a grassy yard, hot tub, 3 covered
horse stalls, arena, tack room, chicken coop, 6-car shop,
office/storage shed, two large carports, and RV parking. Recent
upgrades include a new 5-ton A/C, roof, water heater, R/O system,
electric gate, carports, and fresh interior/exterior paint.
Unit Size
2,260 Ft²
Days on Market
106 days
Land Size
1.18 acres
Price per sqft
$369
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1999
Listed By
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100% Occupancy
N/A (extreme outlier) 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: 7 days ago (ARMLS #7049409)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2026 | Price Decreased |
$835,000
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Sep 6, 2026 | Relisted | $850,000 | |
| Relisted | |||
| Aug 24, 2026 | In contract | - | |
| In contract | |||
| Jul 24, 2026 | Price Decreased |
$850,000
↓ $30K
(3.4%) | |
| Price Decreased | |||
| Jul 2, 2026 | Listed by RE/MAX Fine Properties | $880,000 | |
| Listed by RE/MAX Fine Properties | |||
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Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Carport
Parking Features: Off Street, Attached Carport, RV Access/Parking, Gated, RV Gated
Interior Details
Interior Features: Eat-in Kitchen, Breakfast Bar, Quartz Countertops, No Interior Steps, 2 Master Baths, Full Bth Master Bdrm
Flooring Type: Carpet, Vinyl, Tile
Laundry Features: Inside
Exterior Details
Square Footage: 2260
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1999
Builder Name: Custom
Building Area Total: 2260
Other Structures: Workshop, Shed(s), Barn(s)
Building Area Units: Square Feet
Window Features: Screens, Dual Pane
Construction Materials: Stucco, Wood Siding, Painted
Patio and Porch Features: Storage
Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Street(s) Not Paved, Gravel/Stone Back, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Lot Size Area: 51183
Lot Size Units: Square Feet
Lot Size Acres: 1.18
Lot Size Square Feet: 51183
Tax Lot: -
Water Source: Pvt Water Company
Financial Details
Tax Map Number: 8.00
Tax Annual Amount: $2,055
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Electric
Sewer : Septic Tank, Septic in & Cnctd
Location Details
HOA/Condo/Coop Fee Includes: No Fees
HOA/Condo/Coop Amenities: None
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Maricopa
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Listed by: Michael Kent, RE/MAX Fine Properties
Last Updated: 7 days ago
Data Source: ARMLS, MLS# 7049409
Last Updated: 7 days ago
Data Source: ARMLS, MLS# 7049409
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]
Brokerage email: [email protected]
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