FOR_SALERisky Deal0 days on market

1460 Market St

1460 Market St, Fairbanks, AK 99709, Fairbanks, AK 99709
$299,900

Listing Price

Property image 1
1460 Market St, Fairbanks, AK 99709
Loc: Fairbanks, AK
Days Listed
0
Tax Assessed
$180k
Lot Size
5,035 sqft
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.

6

Hunter Elementary School

PK-5
1.8 mi away
4

Ryan Middle School

6-8
1.6 mi away
5

Lathrop High School

9-12
1.6 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
Risky
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
7.52%
Total ROI
27.3%
Cash Flow
$363/mo
DSCR
1.24
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

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Haven AI

At a $299,900 price point in Fairbanks, the provided rental yield of 7.52% is insufficient to account for the extreme maintenance and utility costs associated with sub-arctic Alaska. The monthly cash flow of $363.15 provides a very thin margin of error, which would be entirely wiped out by a single major repair or a month of vacancy. While appreciation projections are steady, liquidity in this specific market is challenging. Investors should be wary of high heating costs and significant physical depreciation common in this climate. Without a substantial buffer for CapEx, the operational leverage here is too precarious for a conservative investment strategy.

Strengths
  • Competitive rental yield for the local market
  • Positive monthly cash flow
  • Manageable square footage reducing heating volume
Considerations
  • High climate-driven maintenance and utility overhead
  • Thin cash flow margin offers poor protection against vacancies
  • Limited market liquidity compared to metropolitan hubs
  • High risk of structural wear due to extreme freeze-thaw cycles
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-09Listed for sale$299,900$237
2026-07-07Sold$0
2004-05-28Sold$0

Tax History

YearProperty TaxTax Assessment
2025$2,956.22$179,677
2024$2,756$166,899
2023$2,780.4$167,303
2022$2,874.84$159,324
2021$2,725.18$139,325
2020$2,597.2$132,679
2018$2,731.4$137,748
2017$2,217.04$134,512
2016$2,217.04$129,887
2015$2,260.76$129,887
2014$2,260.76$126,176
2013$0$126,176
2012$0$127,957
2011$0$131,923
2010$0$131,923
2009$0$144,144
2008$0$138,221
2007$2,518.9$133,984
2005$2,194.11$109,596
2003$1,763.88$87,321
2002$1,764.23$87,321
2001$1,663.37$81,996
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,268
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: $299,900Rent Basis: Modeled Estimate ($2,399/mo)State Tax Benchmark: 1.19% (AK)Hazard Reserve: $100/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.28%

NOI: $18,829/yr

Cash-on-Cash Yield
0.2%

On $68,977 invested

DSCR Ratio
1.01x

Tight qualification

5-Yr Leveraged ROI
+95.3%

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)-$178/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$120/mo
Repairs & Maintenance (10% of rent)-$240/mo
Property Management (8% of rent)-$192/mo
Total Pure Operating Expenses-$830/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,399/mo
Less: Operating Expenses-$830/mo
Net Operating Income (NOI)+$1,569/mo
Less: Debt Service (30yr @ 6.75%)-$1,556/mo
Net Cash Flow
$13/mo
$155/year
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