For SaleRisky Deal4 days on market

268 Grand Larry St

268 Grand Larry St, Anchorage, AK 99504, Anchorage, AK 99504

$575,000

Zestimate®:$565,900

Listing Price

268 Grand Larry St, Anchorage, AK 99504

Loc: Anchorage, AK

Days Listed

Tax Assessed

$581k

Zestimate®

$566k

Market Rate

Lot Size

0.38 acres

Rent Estimate

$2,365/mo

Est. Cash Flow base

Type

multi 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.

Muldoon Elementary School

PK-6

0.4 mi away

Bartlett High School

PK-12

0.8 mi away

Nicholas J. Begich Middle School

6-8

1 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

Multi Family1970Baseboard2 Attached Garage spaces4 Days$154

Haven AI Verdict

Recommendation

Risky

Confidence Score: 5/10

Exercise caution due to potential market volatility.

Cap Rate

2.25%

Total ROI

7.7%

Cash Flow

$-1,907/mo

DSCR

0.36

Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-1,907/mo net cash flow with a 2.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths

• Prime residential location in Anchorage, AK
• Long-term capital appreciation corridor

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

Date	Event	Price	Price/sqft
2026-09-11	Listed for sale	$575,000	$154
2010-04-25	Sold	$0	–
1994-09-19	Sold	$0	–

Tax History

Year	Property Tax	Tax Assessment
2025	$9,178.73	$581,300
2024	$8,755.43	$542,300
2023	$8,451.99	$496,300
2022	$8,084.88	$480,100
2021	$0	$436,600
2020	$0	$439,900
2019	$0	$435,100
2018	$0	$435,100
2017	$5,693.94	$462,500
2016	$5,693.94	$464,500
2015	$5,693.94	$445,100
2014	$5,693.94	$410,700
2013	$0	$403,500
2012	$0	$385,700
2011	$0	$350,000
2010	$0	$394,400

Getzels Group

Haven Team

CalRE #01884947

Call / Text

818.535.5337

Property Specs

Beds

Baths

Sq Ft

3,726

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.

Estimated After-Repair Value (ARV) [estimated]Modeled value-add projection (+18% baseline) for 6b/5ba in Anchorage

+18% vs. list

Rehab Budget & Scope (3,726 sq ft)$167,670

Institutional Acquisition Rule75% Rule

Maximum Allowable Offer (MAO)

$341,205

Calculated as (75% × $678,500) − $167,670

Asking Price is $233,795 (40.7%) Above MAO

To achieve your target margin of 25%, submit an initial counteroffer closer to $341,205 based on $167,670 in required updates.

Current Asking Price:$575,000

Estimated ARV:$678,500

Estimated Renovation:$167,670

All-In Capital Basis (MAO + Rehab):$508,875

Projected Equity Margin:+$169,625

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: $575,000[Observed] Rent: $2,365/mo[Estimated] Tax Rate: 1.19% (AK)[Estimated] Hazard Ins: $168/mo[Defaulted] Reserves: 23% OpEx Baseline

Haven ScoreRisky

0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)

2.25%

NOI: $12,919/yr

Cash-on-Cash Yield

-17.3%

On $132,250 invested

DSCR Ratio

0.36x

Negative debt coverage