OFF_MARKETGood Deal3 days on market

1187 Summit Dr

1187 Summit Dr, Fairbanks, AK 99712, Fairbanks, AK 99712
$435,000

Listing Price

Property image 1
1187 Summit Dr, Fairbanks, AK 99712
Loc: Fairbanks, AK
Days Listed
3
Tax Assessed
$413k
Lot Size
2.01 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

Pearl Creek Elementary School

PK-5
3.1 mi away
7

Randy Smith Middle School

6-8
4.1 mi away
6

West Valley 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
7.22%
Total ROI
25.8%
Cash Flow
$419/mo
DSCR
1.19
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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
2026-09-09Pending sale$435,000$232
2026-08-31Listed for sale$435,000$232
2019-08-29Listing removed$245,000$131
2019-08-14Listed for sale$245,000$131

Tax History

YearProperty TaxTax Assessment
2025$6,335.54$412,966
2024$4,736.12$327,477
2023$4,717.2$330,560
2022$4,185.5$272,888
2021$3,755.54$231,092
2020$3,731.96$227,883
2018$3,351.18$221,206
2017$3,331.72$216,675
2016$3,331.72$212,537
2015$3,064.92$206,184
2014$3,064.92$206,184
2013$0$201,713
2012$0$206,354
2011$0$205,647
2010$0$205,647
2009$0$202,492
2008$0$202,492
2007$3,429.27$204,855
2005$3,174.31$176,155
2003$2,619.82$142,227
2002$2,620.82$142,227
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
1,872
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: $435,000Rent Basis: Modeled Estimate ($3,480/mo)State Tax Benchmark: 1.19% (AK)Hazard Reserve: $127/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.91%

NOI: $25,717/yr

Cash-on-Cash Yield
-1.4%

On $100,050 invested

DSCR Ratio
0.95x

Negative debt coverage

5-Yr Leveraged ROI
+87.4%

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)-$410/mo
Homeowner / Hazard Insurance-$127/mo
Vacancy Reserve (5% of rent)-$174/mo
Repairs & Maintenance (10% of rent)-$348/mo
Property Management (8% of rent)-$278/mo
Total Pure Operating Expenses-$1,337/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,480/mo
Less: Operating Expenses-$1,337/mo
Net Operating Income (NOI)+$2,143/mo
Less: Debt Service (30yr @ 6.75%)-$2,257/mo
Net Cash Flow
$-114/mo
$-1,369/year
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1187 Summit Dr | Fairbanks, AK | Haven AI Analysis | Haven by ScoutHavens