38405 N Jacqueline Drive 1-4, Cave Creek, AZ 85331

$900,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $900,000 Last Modified: 7/28/2026

Overview

Description

Welcome to Cave Creek Vista, a charming and quiet apartment community offering comfort and convenience in a cozy setting. With just a handful of well-maintained units, it provides for a peaceful, neighborly atmosphere while being within walking distance to the center of Cave Creek . Enjoy modern amenities, dedicated parking, and on-site laundry—all designed to make everyday living easy. All units are two bedroom with one full bath and fully equipped kitchen. All tenants are on month-to-month leases and the current rents are under market.

Listing Details MLS# 6859293

Location, Tax & Legal

House Number
38405
Compass
N
Street Name
Jacqueline
St Suffix
Drive
City/Town Code
Cave Creek
State/Province
AZ
Zip Code
85331
Country
US
County Code
Maricopa
Assessor Number
211-08-003
Tax Year
2024
Unit #
1-4
Assessor's Map #
8
Assessor's Parcel #
3
Add'l Parcels
No
Tax Municipality
Cave Creek
Taxes
783
Legal
Cave Creek Vista MCR56-7 Lot 3 Ex N 162.74F TH/O Also N2 Aband Rd LY SLY & Adj To SLY Bndry SO LC Aband P/D 15942-217
Marketing Name
Cave Creek Vista

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
Irregular
Year Built
1963
Uncvrd Parking Spcs
10
Total # of Units
4
# of Buildings
Yes
Zoning
TCC
Flood Zone
No

Remarks Misc

Directions
Cave Creek Rd & Schoo, House, West to Jacqueline then N to 1st building on right

Status Change Info

Off Market Date
2025-11-02
Under Contract Date
2025-09-17
Close of Escrow Date
2025-11-25

Legal Info

Lot Number
3
Cnty Rcrd Bk & Pg #
56-7

More Information

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
1475
Avg SqFt
783
# Baths
Yes

Income Expenses

Gross Annual Sch Inc
55200
Net Operating Income
47817

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
%
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Four Plex
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Foam
Yes

Floors

Wood
Yes
Ceramic Tile
Yes

Sale Includes

Land & Building
Yes
Laundry Equipment
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
783
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
52440

Pmt & Rate Info

Cap Rate
4.35
Equity
1100000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes
Heat Pump
Yes

Tenant Pays

Gas
Yes
Electricity
Yes
Cable TV
Yes

Appliances Included

Built-In Electric Oven
Yes
Dishwasher
Yes
Disposal
Yes
Refrigerator
Yes
Built-In Range
Yes

Road Surface Type

Treated
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

APS
Yes

Gas

SW Gas
Yes
Individual Meter
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Cash
Yes
Conventional
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Foam Floors: Wood; Ceramic Tile Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator; Dishwasher; Disposal Cooling: Ceiling Fan(s); Electric; Heat Pump; Central Air Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: APS Gas: SW Gas; Individual Meter Parking Features: >1 Space Per Unit Road Surface Type: Treated Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Environmental: None
IDX
Listing Office: AZ Brokerage Holdings, LLC
Last Updated: July - 28 - 2026
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