For SaleNeutral Deal21 days on market
49 Shady Rdg
49 Shady Rdg, Alexander City, AL 35010, Alexander City, AL 35010
$3,200,000
Estimate®:$3,016,600
Listing Price
49 Shady Rdg, Alexander City, AL 35010
Loc: Alexander City, AL
Days Listed
21
Tax Assessed
$1299k
Estimate®
$3017k
Market Rate
Lot Size
0.80 acres
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.
9
Eclectic Middle School
5-8
11.1 mi away
8
Elmore Co High School
9-12
11.4 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
lakefront propertystucco exteriormulti-storyprivate dockwooded lotcontemporary craftsmanwaterfront livingsecludedexpansive decknature-inspiredlandscape designarchitectural charmrecreational dock
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.88%
Total ROI
108.3%
Cash Flow
$1,731/mo
DSCR
1.10
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $1,731/mo net cash flow with a 6.9% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.9%)
- • Strong rental demand in Alexander City
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 |
|---|---|---|---|
| 2026-09-02 | Listed for sale | $3,200,000 | $746 |
| 2025-04-24 | Sold | $0 | – |
| 2025-04-02 | Contingent | $2,625,000 | $612 |
| 2025-02-07 | Listed for sale | $2,625,000 | $612 |
| 2024-09-03 | Listing removed | $2,695,000 | $629 |
| 2024-09-03 | Price change | $2,695,000 | $629 |
| 2024-05-11 | Listed for sale | $2,789,000 | $651 |
| 2024-03-01 | Listing removed | $0 | – |
| 2023-11-03 | Listing removed | $0 | – |
| 2023-08-16 | Price change | $2,995,000 | $699 |
| 2023-06-06 | Price change | $3,495,000 | $815 |
| 2023-04-28 | Listed for sale | $3,795,000 | $885 |
| 2022-10-14 | Sold | $2,179,000 | $508 |
| 2022-09-16 | Pending sale | $2,179,000 | $508 |
| 2022-09-12 | Listed for sale | $2,179,000 | $508 |
| 2016-05-12 | Sold | $1,240,000 | $289 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,494.5 | $259,780 |
| 2024 | $6,540.5 | $261,620 |
| 2023 | $3,293 | $131,720 |
| 2022 | $4,427 | $177,080 |
| 2021 | $4,145.5 | $165,820 |
| 2020 | $3,297.5 | $131,900 |
| 2018 | $3,022.5 | $120,900 |
| 2017 | $3,072.5 | $120,360 |
| 2016 | $5,988 | $118,760 |
| 2014 | $5,988 | $1,073,280 |
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