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Phoenix 85008 North East Village
2401 N 37TH Way
Photo of 2401 N 37TH Way
Sold on Jul 18, 2025

33

Map

Photo of 2401 N 37TH Way
Photo of 2401 N 37TH Way
$484,000
● House - Off Market

2401 N 37TH Way

Phoenix, AZ 85008
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,158 Ft²
$2,598
Est. Monthly
6.18%
Cap Rate

About This Property

Charming 3 Bedroom 2 Bath updated home centrally located near Arcadia, Biltmore, Scottsdale and downtown Phoenix. Wood floors throughout house with tile flooring in bathroom(s). Kitchen: gorgeous custom made wood center island countertop, gas stove, perimeter quartz countertop, white shaker cabinetry. Feature wall(s) include: great room with built in electric fireplace, entry wall and main bedroom with MDF design. Floor to ceiling built in cabinet in 2nd bedroom with French door(s) leading out to full length covered patio. Backyard has a row of aesthetic Fica trees planted last year for optimal privacy. Easy maintenance bushes along side walls. Laundry in separate room vented with central a/c and sink. Garage is wired for electric vehicle and has side door to backyard.  No HOA.
Unit Size
1,158 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$436
Property Type
House
Property Taxes
$119
HOA Dues
-
Year Built
1954

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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 #6854233)

Price History

Date / Event Date Event Price
Jul 18, 2025 Sold
Premium
Sold
Jun 19, 2025 In contract -
In contract
Jun 13, 2025 Price Decreased $504,900
↓ $5K (1%)
Price Decreased
May 30, 2025 Price Decreased $509,900
↓ $10K (1.9%)
Price Decreased
Apr 19, 2025 Listed by DeLex Realty $520,000
Listed by DeLex Realty
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 4
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 25
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,976
  • Total Building Area: 1,158
  • Gross Building Area: 1,158
  • Building Area: 1,158
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 2
  • Heating: 24
  • Heated Square Feet: 1,158
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH EAST VILLAGE 1
  • Land Acres: 0000000137
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: NORTH EAST VILLAGE 1 MCR 57/41

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 111402

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 5741
  • Parcel: 120-07-162
  • Lot: 162
  • Meridian: SEC 36 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.474
  • Longitude: -112

    Address

  • Full Address: 2401 N 37th Way
  • Address - House Number: 2401
  • Street Direction: N
  • Address - Street Name: 37th
  • Address - Suffix Type: Way
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C027
  • 4-Digit Zip Code: 2219
  • Zip Code: 85008

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $140,932
  • Tax Rate Code Area: 141300

    Appraisal Valuation

  • Standard Deviation: 0.1503
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 443,295
  • High Value: 509,923
  • Low Value: 376,666

    Market Valuation

  • Market Total Value: $303,500
  • Market Land Value: $60,700
  • Market Improvement Value: $242,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,350
  • Assessed Land Value: $6,070
  • Assessed Improvements Value: $24,280

    Sales

  • Current Sale Contract Date: Nov 17, 2021
  • Current Sale Recording Date: Nov 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20211255431
  • Previous Sale Recording Date: Dec 27, 2018
  • Previous Sale Contract Date: Dec 04, 2018
  • Previous Sale Amount: $306,225
  • Previous Sale Document Type: 71
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 Camelback East

Stats & Trends

Median Asking:

$669,950

Sale Price/ft²

$388

Below Asking

0.03%

Average Days on Market

92

Average Home Size

2258 ft²

Average Home Age

41.6 years

Currently For Sale

795 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 4147 E Clarendon Avenue, Phoenix, AZ, 85018

$9,995 /mo

  • 4 Beds
  • 5 Baths
  • 2,977 ft²
4147 E Clarendon Avenue, Phoenix, AZ, 85018 Listing by Kelly Martin
Unit for rent at 4645 E Windsor Avenue, Phoenix, AZ, 85008

$6,995 /mo

  • 3 Beds
  • 3 Baths
  • 1,904 ft²
4645 E Windsor Avenue, Phoenix, AZ, 85008 Listing by Dorene Longfellow
Unit for rent at 4533 E Devonshire Avenue, Phoenix, AZ, 85018

$7,900 /mo

  • 4 Beds
  • 4 Baths
  • 2,615 ft²
4533 E Devonshire Avenue, Phoenix, AZ, 85018 Listing by Artie Baxter

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Angela M Cayton, DeLex Realty
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6854233
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 2401 North 37th Way built and last sold?
The property at 2401 North 37th Way was built in 1954 and last sold on Nov 17, 2021 for $443,000.
How much is this home worth?
The estimated value of the home located at 2401 North 37th Way is $497,018.
What are some comparable homes to 2401 North 37th Way?
There are currently no comparable homes to 2401 North 37th Way.
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