For SaleRisky Deal0 days on market

1102 N Star Dr

1102 N Star Dr, North Pole, AK 99705, North Pole, AK 99705
$565,000

Listing Price

Property image 1
1102 N Star Dr, North Pole, AK 99705
Loc: North Pole, AK
Days Listed
0
Tax Assessed
$464k
Lot Size
1.46 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
1.2 mi away
6

North Pole Middle School

6-8
0.9 mi away
3

North Pole High School

9-12
1.6 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 Residence1997Wood Stove, Radiant Floor3 Garage spaces1.46 Acres0$188

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.07%
Total ROI
90.7%
Cash Flow
$-76/mo
DSCR
0.97
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-76/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.1%)
  • 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
2026-09-16Listed for sale$565,000$188
2026-09-01Listing removed$565,000$188
2026-07-28Price change$565,000$188
2026-07-01Price change$574,900$192
2026-06-01Price change$579,000$193
2022-05-12Listed for sale$529,900$177
2018-07-17Sold$0
2017-01-16Sold$0
2016-11-16Listed for sale$315,000$105

Tax History

YearProperty TaxTax Assessment
2025$6,521.7$463,603
2024$6,189.54$443,737
2023$6,133.5$443,905
2022$5,208.66$341,279
2021$5,540.38$334,780
2020$5,018.94$313,378
2018$5,079.06$300,839
2017$3,475.76$238,483
2016$3,475.76$233,146
2015$3,060.1$227,123
2014$3,060.1$227,176
2013$0$228,013
2012$0$230,314
2011$0$217,579
2010$0$210,097
2009$0$219,978
2008$0$215,701
2007$3,391.81$207,704
2005$3,317.91$190,904
2003$2,971.64$166,199
2002$2,971.64$166,199
2001$2,737.62$157,136
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
3,000
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
$
$135,000
75% Rule
Maximum Allowable Offer (MAO)
$365,025

Calculated as (75% × $666,700) − $135,000

Asking Price is $199,975 (35.4%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $365,025 based on $135,000 in required updates.
Current Asking Price:$565,000
Estimated ARV:$666,700
Estimated Renovation:$135,000
All-In Capital Basis (MAO + Rehab):$500,025
Projected Equity Margin:+$166,675
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: $565,000[Estimated] Rent: $4,520/mo[Estimated] Tax Rate: 1.19% (AK)[Estimated] Hazard Ins: $165/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.07%

NOI: $34,268/yr

Cash-on-Cash Yield
-0.7%

On $129,950 invested

DSCR Ratio
0.97x

Negative debt coverage

5-Yr Leveraged ROI
+90.7%

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)-$460/mo
[Estimated]Homeowner / Hazard Insurance-$165/mo
[Defaulted]Vacancy Reserve (5% of rent)-$226/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$452/mo
[Defaulted]Property Management (8% of rent)-$362/mo
Total Pure Operating Expenses-$1,664/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,520/mo
Less: Operating Expenses-$1,664/mo
Net Operating Income (NOI)+$2,856/mo
Less: Debt Service (30yr @ 6.75%)-$2,932/mo
Net Cash Flow
$-76/mo
$-912/year
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1102 N Star Dr | North Pole, AK | Haven AI Analysis | Haven by ScoutHavens