OFF_MARKETGood Deal4 days on market

7301 W Island Lake Dr

7301 W Island Lake Dr, Wasilla, AK 99623, Wasilla, AK 99623
$249,900
Zestimate®:$250,800$900 Under Market

Listing Price

Property image 1
7301 W Island Lake Dr, Wasilla, AK 99623
Loc: Wasilla, AK
Days Listed
4
Tax Assessed
$219k
Zestimate®
$251k
0% Under Valued
Lot Size
2.19 acres
Rent Estimate
$2,126/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

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.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Meadow Lakes Elementary School

PK-5
1.5 mi away
4

Houston Middle School

6-8
5.4 mi away
4

Houston High School

9-12
5.2 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
6.80%
Total ROI
23.6%
Cash Flow
$151/mo
DSCR
1.12
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-09Pending sale$56,000
2026-09-03Listed for sale$56,000
2026-07-11Listing removed$249,900
2026-06-29Pending sale$249,900
2026-06-24Listed for sale$249,900
2024-04-29Listing removed$267,700
2024-04-08Price change$267,700
2024-03-24Price change$268,000
2024-03-12Listed for sale$269,900
2014-12-19Listing removed$110,000
2014-12-07Price change$110,000
2014-11-19Price change$115,000
2014-11-07Price change$120,000
2014-10-17Price change$125,000
2014-09-28Price change$129,900
2014-08-11Price change$139,900
2014-08-07Price change$129,900
2014-07-15Price change$139,900
2014-07-04Listed for sale$159,900

Tax History

YearProperty TaxTax Assessment
2025$2,962.7$219,200
2024$2,837.64$204,000
2023$2,690.07$196,600
2022$2,627.52$179,500
2021$2,568.64$160,000
2020$2,536.4$153,600
2019$2,444.27$146,900
2018$2,407.68$145,400
2017$901.83$142,200
2016$901.83$53,700
2015$901.83$55,000
2014$901.83$56,900
2013$0$58,100
2012$0$60,000
2011$0$47,000
2010$0$47,000
2009$0$48,900
2008$0$50,000
2007$0$50,000
2006$0$43,100
2005$0$41,000
2004$0$24,400
2003$0$24,300
2002$0$22,800
2001$0$23,200
2000$0$23,200
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
1
Sq Ft
1,064
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $249,900Rent Basis: Observed Comp Model ($2,126/mo)State Tax Benchmark: 1.19% (AK)Hazard Reserve: $100/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.34%

NOI: $15,836/yr

Cash-on-Cash Yield
0.5%

On $57,477 invested

DSCR Ratio
1.02x

Tight qualification

5-Yr Leveraged ROI
+96.6%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.19% of basis)-$217/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$106/mo
Repairs & Maintenance (10% of rent)-$213/mo
Property Management (8% of rent)-$170/mo
Total Pure Operating Expenses-$806/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,126/mo
Less: Operating Expenses-$806/mo
Net Operating Income (NOI)+$1,320/mo
Less: Debt Service (30yr @ 6.75%)-$1,297/mo
Net Cash Flow
$23/mo
$276/year
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