
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
Educational options and performance ratings in the area.
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Data provided by Haven AI. Disclaimer
This multi-family property in Big Lake, Alaska, presents a high-risk profile for conservative investors. The most critical failure point is the substantial negative monthly cash flow of approximately -$1,348, which creates a significant annual liability. A rental yield of 2.47% is remarkably low for a non-primary market, suggesting the acquisition price is decoupled from the property's current income-generating capacity. While the 4% appreciation rate is a positive projection, it cannot justify a strategy that requires heavy out-of-pocket subsidies to maintain. Without a drastic rent restructuring or a significant reduction in purchase price, the property remains an unsustainable 'alligator' that poses a threat to portfolio liquidity.
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-04-17 | Listed for sale | $450,000 | $201 |
| 2016-09-27 | Listing removed | $289,000 | $129 |
| 2015-10-04 | Listed for sale | $289,000 | $129 |
| 2015-06-23 | Listing removed | $259,000 | $116 |
| 2015-03-16 | Price change | $259,000 | $116 |
| 2015-01-17 | Price change | $260,000 | $116 |
| 2015-01-13 | Price change | $291,000 | $130 |
| 2014-12-10 | Price change | $290,000 | $129 |
| 2014-11-02 | Price change | $295,000 | $132 |
| 2014-09-12 | Price change | $294,000 | $131 |
| 2014-06-15 | Listed for sale | $295,000 | $132 |
| 2012-10-01 | Sold | $0 | – |
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $7,377/yr
On $103,500 invested
Negative debt coverage
Equity + cumulative cash
Explore other investment opportunities in Big Lake.