For SaleNeutral Deal0 days on market
700 S Rainbow St
700 S Rainbow St, Wasilla, AK 99623, Wasilla, AK 99623
$249,000
Listing Price
700 S Rainbow St, Wasilla, AK 99623
Loc: Wasilla, AK
Days Listed
0
Tax Assessed
$224k
Lot Size
0.60 acres
Rent Estimate
$2,219/mo
Est. Cash Flow base
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.
5
Big Lake Elementary School
PK-5
6 mi away
4
Houston Middle School
6-8
4 mi away
4
Houston High School
9-12
3.9 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 Residence1984Forced Air, Natural GasNo Garage, No Carport0.64 Acres1 Day$162
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.42%
Total ROI
98.4%
Cash Flow
$40/mo
DSCR
1.03
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $40/mo net cash flow with a 6.4% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.4%)
- • Strong rental demand in Wasilla
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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $249,000 | $162 |
| 2024-10-20 | Listing removed | $185,000 | $120 |
| 2024-09-03 | Price change | $234,900 | $152 |
| 2024-08-05 | Price change | $249,900 | $162 |
| 2024-07-01 | Price change | $259,900 | $169 |
| 2024-06-01 | Price change | $269,900 | $175 |
| 2024-04-07 | Listed for sale | $272,900 | $177 |
| 2021-05-07 | Listing removed | $0 | – |
| 2021-05-03 | Listed for sale | $185,000 | $120 |
| 2021-01-27 | Listing removed | $0 | – |
| 2021-01-11 | Price change | $190,000 | $123 |
| 2020-12-28 | Price change | $185,000 | $120 |
| 2020-12-17 | Price change | $195,000 | $127 |
| 2020-12-09 | Listed for sale | $199,000 | $129 |
| 2014-04-22 | Sold | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,023.52 | $223,700 |
| 2024 | $3,796.04 | $272,900 |
| 2023 | $478.91 | $35,000 |
| 2022 | $512.34 | $35,000 |
| 2021 | $561.89 | $35,000 |
| 2020 | $577.96 | $35,000 |
| 2019 | $565.73 | $34,000 |
| 2018 | $563.01 | $34,000 |
| 2017 | $2,325.2 | $34,000 |
| 2016 | $2,325.2 | $29,000 |
| 2015 | $2,325.2 | $29,000 |
| 2014 | $2,325.2 | $148,800 |
| 2013 | $0 | $149,800 |
| 2012 | $0 | $150,100 |
| 2011 | $0 | $156,600 |
| 2010 | $0 | $145,000 |
| 2009 | $0 | $155,800 |
| 2008 | $0 | $159,400 |
| 2007 | $0 | $159,400 |
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