For SaleRisky Deal3 days on market
1607 Madison Dr
1607 Madison Dr, Fairbanks, AK 99709, Fairbanks, AK 99709
$425,000
Listing Price
1607 Madison Dr, Fairbanks, AK 99709
Loc: Fairbanks, AK
Days Listed
3
Tax Assessed
$319k
Lot Size
8,712 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Hunter Elementary School
PK-5
2 mi away
4
Ryan Middle School
6-8
1.8 mi away
5
Lathrop High School
9-12
1.8 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 Residence1977Hot Water2 Attached Garage spaces8,712 sqft3 Days$233
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.15%
Total ROI
92.5%
Cash Flow
$-27/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-27/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 Fairbanks
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 |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $425,000 | $233 |
| 2024-07-26 | Listing removed | $0 | – |
| 2024-07-17 | Listed for rent | $2,300 | $1 |
| 2019-08-02 | Listing removed | $279,900 | $153 |
| 2019-07-23 | Listed for sale | $279,900 | $153 |
| 2012-01-20 | Sold | $0 | – |
| 2011-10-24 | Sold | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,243.62 | $318,704 |
| 2024 | $5,038.58 | $305,128 |
| 2023 | $5,442.1 | $327,463 |
| 2022 | $5,206.96 | $288,571 |
| 2021 | $5,160.06 | $263,807 |
| 2020 | $4,975.84 | $254,195 |
| 2018 | $4,291.96 | $255,891 |
| 2017 | $3,651.14 | $222,909 |
| 2016 | $3,651.14 | $213,906 |
| 2015 | $3,750 | $210,745 |
| 2014 | $3,750 | $207,669 |
| 2013 | $0 | $207,704 |
| 2012 | $0 | $212,267 |
| 2011 | $0 | $218,825 |
| 2010 | $0 | $219,486 |
| 2009 | $0 | $228,988 |
| 2008 | $0 | $229,038 |
| 2007 | $4,041.44 | $214,970 |
| 2005 | $3,709.81 | $185,305 |
| 2003 | $2,969.3 | $146,995 |
| 2002 | $2,969.89 | $146,995 |
| 2001 | $2,867.95 | $141,376 |
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