FOR_SALERisky Deal8 days on market

8778 W Cormorant Way

8778 W Cormorant Way, Wasilla, AK 99623, Wasilla, AK 99623
$342,000

Listing Price

Property image 1
8778 W Cormorant Way, Wasilla, AK 99623
Loc: Wasilla, AK
Days Listed
8
Lot Size
1.00 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.

N/A

Goose Bay Elementary School

PK-2
2 mi away
6

Joe Redington Senior Jr Sr High School

6-12
2.4 mi away
5

Knik Elementary School

K-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
5.85%
Total ROI
86.0%
Cash Flow
$-107/mo
DSCR
0.94
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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
2026-09-12Price change$342,000$263
2026-09-06Listed for sale$354,000$272
2023-04-26Sold$0
2023-04-07Pending sale$27,900$21
2023-04-04Listed for sale$27,900$21
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
1
Sq Ft
1,300
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: $342,000Rent Basis: Modeled Estimate ($2,736/mo)State Tax Benchmark: 1.19% (AK)Hazard Reserve: $100/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.85%

NOI: $20,011/yr

Cash-on-Cash Yield
-1.6%

On $78,660 invested

DSCR Ratio
0.94x

Negative debt coverage

5-Yr Leveraged ROI
+86.0%

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)-$339/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$137/mo
Repairs & Maintenance (10% of rent)-$274/mo
Property Management (8% of rent)-$219/mo
Total Pure Operating Expenses-$1,068/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,736/mo
Less: Operating Expenses-$1,068/mo
Net Operating Income (NOI)+$1,668/mo
Less: Debt Service (30yr @ 6.75%)-$1,775/mo
Net Cash Flow
$-107/mo
$-1,284/year
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