FOR_SALERisky Deal6 days on market

1323 Polar Dr

1323 Polar Dr, Fairbanks, AK 99712, Fairbanks, AK 99712
$62,500

Listing Price

Property image 1
1323 Polar Dr, Fairbanks, AK 99712
Loc: Fairbanks, AK
Days Listed
6
Tax Assessed
$248k
Lot Size
1.13 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
2.3 mi away
6

Tanana Middle School

6-8
5.5 mi away
5

Lathrop High School

9-12
7.6 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
1.96%
Total ROI
-0.6%
Cash Flow
$-214/mo
DSCR
0.32
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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
2012-07-06Sold$0

Tax History

YearProperty TaxTax Assessment
2025$3,984.26$248,116
2024$3,895.08$243,368
2023$3,834.98$243,028
2022$3,772.8$214,608
2021$3,789.02$196,363
2020$3,651.14$187,478
2018$3,367.8$185,902
2017$2,896.98$179,338
2016$2,896.98$175,852
2015$2,730.08$171,738
2014$2,730.08$171,738
2013$0$173,126
2012$0$175,084
2011$0$172,747
2010$0$168,370
2009$0$176,390
2008$0$181,321
2007$2,912.36$177,800
2005$2,889.13$163,690
2003$1,964.16$106,632
2002$1,964.48$106,632
2001$1,841.94$101,585
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,392
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: $62,500Rent Basis: Modeled Estimate ($500/mo)State Tax Benchmark: 1.19% (AK)Hazard Reserve: $100/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
0.75%

NOI: $467/yr

Cash-on-Cash Yield
-23.8%

On $14,375 invested

DSCR Ratio
0.12x

Negative debt coverage

5-Yr Leveraged ROI
+-24.9%

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)-$246/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$25/mo
Repairs & Maintenance (10% of rent)-$50/mo
Property Management (8% of rent)-$40/mo
Total Pure Operating Expenses-$461/mo
Net Investor Cash Flow
Gross Scheduled Rent+$500/mo
Less: Operating Expenses-$461/mo
Net Operating Income (NOI)+$39/mo
Less: Debt Service (30yr @ 6.75%)-$324/mo
Net Cash Flow
$-285/mo
$-3,424/year
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