76
Map
5311 E GRAY WOLF Trail
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | Listed by The Ave Collective | $1,199,000 | |
| Listed by The Ave Collective | |||
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GATED COMMUNITY + PRIVATE WASH LOT + SEPARATE PRIVATE CASITA + RESORT BACKYARD! Set within the exclusive gated enclave of Gray Wolf, this exceptional single-level home with a separate guest casita offers a rare combination of privacy, flexibility, and resort-style living. Perfectly positioned on a north/south-facing corner lot backing to a natural wash, the setting delivers open desert views, no rear neighbors, and a true sense of serenity that is increasingly hard to find.
The main residence lives entirely on one level and is complemented by a separate 764 sq ft carriage-style guest casita with its own private entrance--complete with living room w/ a private balcony and mountain views, kitchenette, bedroom, and full bath--ideal for multigenerational living, extended guests, or income... potential.
Inside, the open-concept design is filled with natural light and enhanced by laminate wood-look flooring, updated lighting, and a seamless indoor-outdoor flow. The kitchen is both striking and highly functional, featuring double islands, gorgeous quartzite countertops, professionally refinished cabinetry, a Wolf gas range, Bosch refrigerator, built-in desk area, and generous pantry space--designed for both everyday living and effortless entertaining.
The primary suite has a separate entrance to the backyard, dual sinks, a separate soaking tub and large shower. The custom closet system is both beautiful and functional. Three additional spacious bedrooms in the main house, providing ample room for large families or guests.
Step outside to a true resort-style backyard designed for year-round enjoyment, complete with a heated pool and spa, built-in BBQ, fire pit, raised garden beds with drip system, and two citrus trees. Expansive travertine patios and a tongue-and-groove ceiling create inviting outdoor living spaces, while new 2025 pool equipment is thoughtfully housed in a shaded enclosure for efficiency and ease.
Extensive recent upgrades provide both comfort and peace of mind, including three new Trane AC units (2024), a 75-gallon gas water heater, new soft water and reverse osmosis systems, updated electrical and lighting, fresh interior and exterior paint, plantation shutters and modern window coverings throughout, built-in speakers, EV charger wiring, and a 3-car garage with epoxy flooring and custom cabinetry. An expansive pavered driveway offers additional parking and enhanced curb appeal.
Offering nearly 4,000 square feet of thoughtfully designed living space, this home stands out as one of the most compelling opportunities in the area--combining single-level living, a fully equipped guest home, and a premium wash-side lot within a gated community.
Located in the desirable Cave Creek/North Phoenix corridor, just minutes from the Phoenix Sonoran Preserve, Desert Ridge Marketplace, City North, and the Loop 101, this home offers a rare balance of peaceful desert surroundings and everyday convenience. Whether enjoying nearby hiking and outdoor recreation or quick access to dining, shopping, and major employment hubs, this is a lifestyle that feels both elevated and effortlessly connected.
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| Jul 26, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | Listed by My Home Group Real Estate | $1,129,000 | |
| Listed by My Home Group Real Estate | |||
| Aug 30, 2023 | Sold | ||
| Sold | |||
Property Highlights
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About Desert View
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017