For SaleRisky Deal23 days on market
981 Loon Lake Rd
981 Loon Lake Rd, Eagle River, WI 54521, Eagle River, WI 54521
$469,000
Listing Price
981 Loon Lake Rd, Eagle River, WI 54521
Loc: Eagle River, WI
Days Listed
23
Tax Assessed
$304k
Lot Size
1.59 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.
5
Northland Pines Elementary-Eagle River
PK-6
2.3 mi away
8
Northland Pines High School
7-12
2.3 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
modern farmhouseboard and batten sidingwoodland settinggabled roofcovered entrywaywood accentstwo-storysecludednatural landscapingblack trimrural retreatcontemporaryshady yard
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.92%
Total ROI
87.5%
Cash Flow
$-120/mo
DSCR
0.95
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-120/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • Strong rental demand in Eagle River
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 |
|---|---|---|---|
| 2026-09-16 | Price change | $469,000 | $258 |
| 2026-08-31 | Listed for sale | $489,900 | $269 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $1,678.94 | $304,400 |
| 2023 | $128.61 | $20,800 |
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