For SaleRisky Deal353 days on market
16A Steep Rd
16A Steep Rd, Thorne Bay, AK 99919, Thorne Bay, AK 99919
$829,000
Estimate®:$815,200
Listing Price
16A Steep Rd, Thorne Bay, AK 99919
Loc: Thorne Bay, AK
Days Listed
353
Estimate®
$815k
Market Rate
Lot Size
2.49 acres
Rent Estimate
$3,112/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
Thorne Bay School
PK-12
3.3 mi away
6
Southeast Island Correspondence
PK-12
3.3 mi away
4
Barry Craig Stewart Kasaan School
PK-12
8.2 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
waterfrontlog cabinrusticprivate docksecludedwood sidingcoastalnature retreatforest settingelevated deckoutdoor stairsmountainous terrainserenevacation hometimber construction
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.93%
Total ROI
0.8%
Cash Flow
$-2,969/mo
DSCR
0.31
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,969/mo net cash flow with a 1.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Thorne Bay, AK
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-07-21 | Price change | $829,000 | $415 |
| 2026-06-26 | Price change | $865,000 | $433 |
| 2025-10-28 | Price change | $899,000 | $450 |
| 2025-10-06 | Listed for sale | $935,000 | $468 |
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