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$2,195,000

For Sale - Active
2440 N Maple, Mesa, AZ 85215
5 Beds
5 Baths
5,625 Square Feet
0.81 Acres Lot
Built in 2005
For Sale - Active
Units n/a
Checked: 14 hours ago
Updated: Sep 02, 2025 at 10:09AM

Investment Summary


Monthly Cash Flow
-$5,489
Cap Rate
2.7%
Cash-on-Cash Return
-13.0%
Debt Coverage Ratio
0.47
Internal Rate of Return (5 years)
-8.6%

Property Description


0.81 Acres Lot
Built in 2005
For Sale - Active
Units n/a

Indulge in a METICULOUSLY-CRAFTED CUSTOM ESTATE offering TIMELESS ELEGANCE in a lush citrus enclave. This AMAZINGLY ENERGY-EFFICIENT HOME is nestled in the privately-gated community of Vista Estancia, one of North Mesa's most coveted neighborhoods. Perfectly situated on a .81-acre lot, the home is surrounded by lush irrigated citrus, mature trees and features a paved circular driveway and huge grassy lot. The gorgeous back yard features an oversized north-facing covered patio with built-in speakers, and an EXTRAORDINARY FENCED POOL AND SPA, with ample room for laps, 10' deep for diving, and a stunning rock waterfall and slide. Cantera stone details embellish a high-quality colored stucco finish, and the custom entry door is timelessly elegant. Gracing over 5,600 sf of living space, interior features include limestone & travertine flooring, gorgeous Lincoln casement windows, soaring ceilings, and high-quality fixtures. Boasting the 'PERFECT' FLOOR PLAN,' the layout is appealing for many living situations. A TRUE SPLIT FLOOR PLAN, the Primary Suite occupies a separate wing of the home, with a spacious sitting room, romantic fireplace, and a well-appointed ensuite bath with abundant built-in storage and a spacious walk-in closet. Three guest rooms are in another wing of the home; two with private verandas, walk-in closets and one with an ensuite bath. Beyond the great room and kitchen is a flex space, guest bedroom and full bath with endless possibilities as a MULTI-GEN LIVING SPACE, GAME ROOM, PLAY ROOM or MOVIE ROOM! A formal living and dining create a gracious entertaining space, while the GORGEOUS GOURMET KITCHEN with TIMELESS FEATURES and CLEAN LINES features a huge island, Alder wood cabinetry, built-in refrigerator with sleek wood-paneled doors, dual ovens, gas cooktop and so much more. Open to the EXPANSIVE GREAT ROOM with a view into the back yard and pool, a custom wood built-in entertainment wall and relaxing gas fireplace create an inviting atmosphere. Other notable features of this stunning home include full spray-foam insulation, updated HVAC systems (1 brand new), irrigated citrus trees, a HUGE KITCHEN PANTRY AND STORAGE, a secondary climate-controlled storage room, and gorgeous laundry/utility with cabinets, sink and built-in ironing board. Car enthusiasts will love the over 1,100 sf over height and extended length garage with new epoxy flooring, and space available to build an additional garage if desired. And the best thing? This home scores in the top tier of similarly-sized homes in energy efficiency according to SRP! This fully private lot is situated adjacent to a quiet community park with a playground and a basketball court. Vista Estancia is ideally located near the end of a quiet street with minimal traffic, but is just minutes away from the Loop 202 & Sky Harbor Airport, with easy access to downtown Phoenix, Scottsdale and the Mesa Arts Center. Northeast Mesa is a mecca for some of the best hiking, biking, paddling, fishing, golf and tennis in the Valley, as well as being just an hour's drive from the cool pines of Payson. It just can't get any better than this!

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Location


Property Details


Parking

  • Description: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Separate Strge Area
  • Details: Garage Door Opener, Direct Access, Circular Driveway
  • Garage Spaces: 3
  • Spaces Total: 8

Bedroom Information

  • # of Bedrooms: 5

Bathroom Information

  • # of Baths (Total): 5.0

Interior Features

  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Material: Tile, Foam
  • Pool: Yes

HOA

  • Has HOA: Yes
  • Association: Vista Estancia
  • HOA Fee: $780/quarterly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 14127097
  • Lot Size: 35197 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Other
  • Year Built: 2005

Tax Information

  • Annual Tax: $10,136

Utilities

  • Water & Sewer: Public
  • Heating: ENERGY STAR Qualified Equipment, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment

Location

  • County: Maricopa

Listing Details


Listed by:
Christine M Anthony
Russ Lyon Sotheby's International Realty
(480) 200-0972

Source:
Arizona Regional Multiple Listing Service (ARMLS)
MLS#: 6906649
Arizona Regional Multiple Listing Service (ARMLS)

Investment Summary


Monthly Cash Flow
-$5,489
Cap Rate
2.7%
Cash-on-Cash Return
-13.0%
Debt Coverage Ratio
0.47
Internal Rate of Return (5 years)
-8.6%

Purchase Details

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Purchase price:
$2,195,000
Amount financed:
-$1,756,000
Down payment:
$439,000
Closing costs:
$65,850
Rehab costs:
$0
Initial cash invested:
$504,850
Square feet:
5,625
Cost per square foot:
$390
Monthly rent per square foot:
$1.55

Financing Details

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Loan amount:
$1,756,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$10,387
Property tax:
$845
Insurance:
$609
Private mortgage insurance (PMI):
$0
Monthly payment:
$11,841

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$8,700 $104,400
Vacancy loss: (6%)
6% -$522 -$6,264
Operating income:
$8,178 $98,136

Operating Expenses


% Rent Monthly Yearly
Property taxes: (10%)
10%-$845-$10,136
Insurance: (7%)
7%-$609-$7,308
Property management: (8%)
8%-$696-$8,352
Repairs & maintenance: (5%)
5%-$435-$5,220
Capital expenditures: (5%)
5%-$435-$5,220
HOA fees: (3%)
3%-$260-$3,120
Total operating expenses: (38%)
38%-$3,280-$39,356

Cash Flow


Monthly Yearly
Net operating income:
$4,898 $58,776
Mortgage payments:
-$10,387 -$124,644
Cash flow:
$5,489 $65,868