For SaleRisky Deal1 days on market

1302 McGrath Rd

1302 McGrath Rd, Fairbanks, AK 99712, Fairbanks, AK 99712
$499,900

Listing Price

Property image 1
1302 McGrath Rd, Fairbanks, AK 99712
Loc: Fairbanks, AK
Days Listed
1
Tax Assessed
$422k
Lot Size
3.41 acres
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.

8

Weller Elementary School

PK-5
1.9 mi away
6

Tanana Middle School

6-8
4.2 mi away
5

Lathrop High School

9-12
5.6 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

Single Family Residence1972Fireplace(s), Fireplace2 Attached Garage spaces3.41 Acres42 Days$168

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.04%
Total ROI
90.1%
Cash Flow
$-79/mo
DSCR
0.97
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-79/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.0%)
  • Strong rental demand in Fairbanks
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

DateEventPricePrice/sqft
2026-09-09Listed for sale$499,900$168
2026-08-20Pending sale$499,900$168
2026-08-06Listed for sale$499,900$168
2017-09-22Listing removed$349,900$118
2017-06-14Listed for sale$349,900$118
2010-01-08Sold$0

Tax History

YearProperty TaxTax Assessment
2025$5,608.74$422,006
2024$5,358.16$406,348
2023$5,281.4$406,055
2022$5,209.44$362,482
2021$5,573.82$352,970
2020$5,538.1$348,300
2018$5,022.08$341,421
2017$4,456.4$334,234
2016$4,456.4$290,169
2015$4,320.64$283,950
2014$4,320.64$284,672
2013$0$279,284
2012$0$290,729
2011$0$292,173
2010$0$292,895
2009$0$305,889
2008$0$306,611
2007$4,685.7$304,860
2005$4,593.11$277,697
2003$4,375.58$252,340
2002$4,376.08$252,340
2001$4,209.16$247,060
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
2,975
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 4b/2ba in Fairbanks
+18% vs. list
$
$133,875
75% Rule
Maximum Allowable Offer (MAO)
$308,537

Calculated as (75% × $589,882) − $133,875

Asking Price is $191,363 (38.3%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $308,537 based on $133,875 in required updates.
Current Asking Price:$499,900
Estimated ARV:$589,882
Estimated Renovation:$133,875
All-In Capital Basis (MAO + Rehab):$442,412
Projected Equity Margin:+$147,470
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 Provenance:[Observed] List Price: $499,900[Estimated] Rent: $3,999/mo[Estimated] Tax Rate: 1.19% (AK)[Estimated] Hazard Ins: $146/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.04%

NOI: $30,177/yr

Cash-on-Cash Yield
-0.8%

On $114,977 invested

DSCR Ratio
0.97x

Negative debt coverage

5-Yr Leveraged ROI
+90.1%

Equity + cumulative cash

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

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (1.19% of basis)-$418/mo
[Estimated]Homeowner / Hazard Insurance-$146/mo
[Defaulted]Vacancy Reserve (5% of rent)-$200/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$400/mo
[Defaulted]Property Management (8% of rent)-$320/mo
Total Pure Operating Expenses-$1,484/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,999/mo
Less: Operating Expenses-$1,484/mo
Net Operating Income (NOI)+$2,515/mo
Less: Debt Service (30yr @ 6.75%)-$2,594/mo
Net Cash Flow
$-79/mo
$-950/year
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1302 McGrath Rd | Fairbanks, AK | Haven AI Analysis | Haven by ScoutHavens