For SaleNeutral Deal12 days on market
8630 S River Dr
8630 S River Dr, Palmer, AK 99645, Palmer, AK 99645
$320,000
Estimate®:$315,500
Listing Price
8630 S River Dr, Palmer, AK 99645
Loc: Palmer, AK
Days Listed
12
Tax Assessed
$79k
Estimate®
$316k
Market Rate
Lot Size
0.92 acres
Rent Estimate
$2,584/mo
Est. Cash Flow base
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.
6
Butte Elementary School
PK-5
5.1 mi away
7
Palmer Middle School
6-8
7.2 mi away
4
Palmer High School
9-12
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
incomplete constructionrusticmountain viewsgambrel roofunfinished sidingexposed framingrural settinglarge yardscenic landscapemulti-level structureplywood sheathingmountain cabin
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.64%
Total ROI
103.3%
Cash Flow
$111/mo
DSCR
1.07
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $111/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.6%)
- • Strong rental demand in Palmer
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 |
|---|---|---|---|
| 2026-09-12 | Listed for sale | $320,000 | $98 |
| 2026-05-16 | Listing removed | $320,000 | $98 |
| 2025-07-08 | Listed for sale | $320,000 | $98 |
| 2025-06-21 | Listing removed | $320,000 | $98 |
| 2025-02-13 | Price change | $320,000 | $98 |
| 2025-01-01 | Listed for sale | $295,000 | $90 |
| 2021-03-18 | Listing removed | $0 | – |
| 2021-01-06 | Pending sale | $85,000 | $26 |
| 2020-12-16 | Listed for sale | $85,000 | $26 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $78,700 |
| 2024 | $1,036.76 | $69,900 |
| 2023 | $991.22 | $67,600 |
| 2022 | $964.29 | $61,600 |
| 2021 | $955.87 | $55,400 |
| 2020 | $919.3 | $51,900 |
| 2019 | $879.46 | $49,300 |
| 2018 | $871.97 | $49,100 |
| 2017 | $742.37 | $48,400 |
| 2016 | $742.37 | $48,000 |
| 2015 | $742.37 | $45,800 |
| 2014 | $742.37 | $45,300 |
| 2013 | $0 | $44,000 |
| 2012 | $0 | $43,700 |
| 2011 | $0 | $40,900 |
| 2010 | $0 | $42,200 |
| 2009 | $0 | $40,900 |
| 2008 | $0 | $43,000 |
| 2007 | $0 | $43,000 |
| 2006 | $0 | $42,700 |
| 2005 | $0 | $38,100 |
| 2004 | $0 | $33,900 |
| 2003 | $0 | $33,600 |
| 2002 | $0 | $31,800 |
| 2001 | $0 | $32,200 |
| 2000 | $0 | $15,800 |
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