For SaleExcellent Deal141 days on market
1538 Lotus Ln
1538 Lotus Ln, Eagle River, WI 54521, Eagle River, WI 54521
$475,000
Listing Price
1538 Lotus Ln, Eagle River, WI 54521
Loc: Eagle River, WI
Days Listed
141
Tax Assessed
$334k
Lot Size
4.40 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Northland Pines Elementary-Eagle River
PK-6
3.5 mi away
8
Northland Pines High School
7-12
3.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch styleelevated deckwood sidingsecludedwooded lotnature-inspiredstilted architectureoutdoor living spacered exteriorsceniccozyforest setting
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.54%
Total ROI
27.4%
Cash Flow
$585/mo
DSCR
1.24
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $585/mo net cash flow with a 7.5% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.5%)
- • Strong rental demand in Eagle River
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-07-01 | Price change | $475,000 | $211 |
| 2026-05-06 | Listed for sale | $479,900 | $213 |
| 2026-04-02 | Listing removed | $489,000 | $218 |
| 2025-11-18 | Listed for sale | $489,000 | $218 |
| 2025-11-05 | Listing removed | $495,000 | $220 |
| 2025-09-26 | Price change | $495,000 | $220 |
| 2025-06-04 | Listed for sale | $499,900 | $222 |
| 2024-09-30 | Listing removed | $499,900 | $222 |
| 2024-07-05 | Price change | $499,900 | $222 |
| 2024-06-20 | Listed for sale | $524,900 | $233 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $1,912.1 | $333,500 |
| 2023 | $1,967.6 | $333,500 |
| 2022 | $2,123.09 | $203,000 |
| 2021 | $1,995.4 | $203,000 |
| 2020 | $2,055.07 | $203,000 |
| 2019 | $2,050.27 | $203,000 |
| 2018 | $2,009.77 | $203,000 |
| 2017 | $1,933.36 | $203,000 |
| 2016 | $1,738.78 | $203,000 |
| 2015 | $1,825.71 | $205,000 |
| 2014 | $1,789.37 | $205,000 |
| 2013 | $2,097.13 | $205,000 |
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