FOR_SALERisky Deal1 days on market

2675 Watergate Way

2675 Watergate Way, Kenai, AK 99611, Kenai, AK 99611
$745,000
Zestimate®:$725,100

Listing Price

Property image 1
2675 Watergate Way, Kenai, AK 99611
Loc: Kenai, AK
Days Listed
1
Tax Assessed
$711k
Zestimate®
$725k
Market Rate
Lot Size
0.94 acres
Rent Estimate
$4,402/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.

10

Aurora Borealis Charter School

K-8
2.4 mi away
6

Kenai Middle School

6-8
3.2 mi away
6

Kenai Central High School

9-12
3.1 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
3.37%
Total ROI
6.5%
Cash Flow
$-1,673/mo
DSCR
0.56
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-27Listed for sale$745,000$230

Tax History

YearProperty TaxTax Assessment
2025$3,829.72$710,500
2024$3,683.64$674,900
2023$3,290.48$629,500
2022$3,307.4$625,100
2021$3,356.98$624,500
2020$3,404.1$629,700
2019$3,404.1$680,400
2018$5,928.92$669,100
2017$5,826.56$604,300
2016$3,775.72$544,700
2015$3,775.72$383,800
2014$3,775.72$399,700
2013$0$504,200
2012$0$507,700
2011$0$451,100
2010$0$441,100
2009$0$453,000
2008$0$457,600
2007$0$444,200
2006$0$334,400
2005$0$281,600
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
3,244
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: $745,000Rent Basis: Observed Comp Model ($4,402/mo)State Tax Benchmark: 1.19% (AK)Hazard Reserve: $217/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.98%

NOI: $29,616/yr

Cash-on-Cash Yield
-9.8%

On $171,350 invested

DSCR Ratio
0.64x

Negative debt coverage

5-Yr Leveraged ROI
+45.3%

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)-$705/mo
Homeowner / Hazard Insurance-$217/mo
Vacancy Reserve (5% of rent)-$220/mo
Repairs & Maintenance (10% of rent)-$440/mo
Property Management (8% of rent)-$352/mo
Total Pure Operating Expenses-$1,934/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,402/mo
Less: Operating Expenses-$1,934/mo
Net Operating Income (NOI)+$2,468/mo
Less: Debt Service (30yr @ 6.75%)-$3,866/mo
Net Cash Flow
$-1,398/mo
$-16,772/year
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