For SaleRisky Deal0 days on market

3499 Rosehip Dr

3499 Rosehip Dr, North Pole, AK 99705, North Pole, AK 99705
$385,000

Listing Price

Property image 1
3499 Rosehip Dr, North Pole, AK 99705
Loc: North Pole, AK
Days Listed
0
Tax Assessed
$271k
Lot Size
0.99 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.

5

North Pole Elementary School

PK-5
2.7 mi away
6

North Pole Middle School

6-8
2.3 mi away
3

North Pole High School

9-12
2.9 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 Residence1983Hot Water, Wood Stove2 Attached Garage spaces0.99 Acres0$232

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.21%
Total ROI
93.7%
Cash Flow
$-7/mo
DSCR
1.00
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-7/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.2%)
  • Strong rental demand in North Pole
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
2026-09-15Listed for sale$385,000$232
2011-11-18Listing removed$212,000$128
2011-05-18Price change$212,000$128
2011-05-03Listed for sale$229,000$138

Tax History

YearProperty TaxTax Assessment
2025$3,596.7$271,069
2024$3,517.58$266,826
2023$3,288.72$254,370
2022$3,141.56$223,651
2021$3,183.3$208,885
2020$3,128.6$203,296
2018$2,848.62$201,647
2017$2,785.1$194,631
2016$2,785.1$187,895
2015$356.22$183,611
2014$356.22$183,662
2013$0$183,712
2012$0$191,537
2011$0$190,927
2010$0$185,579
2009$0$192,849
2008$0$188,531
2007$3,017.59$186,271
2005$2,817.68$160,643
2003$2,529.61$138,004
2002$2,530.3$138,004
2001$2,440.79$131,835
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,657
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 3b/2ba in North Pole
+18% vs. list
$
$74,565
75% Rule
Maximum Allowable Offer (MAO)
$266,160

Calculated as (75% × $454,300) − $74,565

Asking Price is $118,840 (30.9%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $266,160 based on $74,565 in required updates.
Current Asking Price:$385,000
Estimated ARV:$454,300
Estimated Renovation:$74,565
All-In Capital Basis (MAO + Rehab):$340,725
Projected Equity Margin:+$113,575
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: $385,000[Estimated] Rent: $3,080/mo[Estimated] Tax Rate: 1.19% (AK)[Estimated] Hazard Ins: $112/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.21%

NOI: $23,889/yr

Cash-on-Cash Yield
-0.1%

On $88,550 invested

DSCR Ratio
1.00x

Tight qualification

5-Yr Leveraged ROI
+93.7%

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)-$269/mo
[Estimated]Homeowner / Hazard Insurance-$112/mo
[Defaulted]Vacancy Reserve (5% of rent)-$154/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$308/mo
[Defaulted]Property Management (8% of rent)-$246/mo
Total Pure Operating Expenses-$1,089/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,080/mo
Less: Operating Expenses-$1,089/mo
Net Operating Income (NOI)+$1,991/mo
Less: Debt Service (30yr @ 6.75%)-$1,998/mo
Net Cash Flow
$-7/mo
$-83/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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