For SaleRisky Deal259 days on market
403 Rainy Ln
403 Rainy Ln, Thorne Bay, AK 99919, Thorne Bay, AK 99919
$339,000
Estimate®:$332,300
Listing Price
403 Rainy Ln, Thorne Bay, AK 99919
Loc: Thorne Bay, AK
Days Listed
259
Estimate®
$332k
Market Rate
Lot Size
4,138 sqft
Rent Estimate
$1,791/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
0.4 mi away
6
Southeast Island Correspondence
PK-12
0.4 mi away
4
Barry Craig Stewart Kasaan School
PK-12
11.7 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
ranch-stylecabinwood sidingdeckrusticcozysingle-storystone landscapingnatural settingresidentialwood-framedgravel drivewayoutdoor living space
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.34%
Total ROI
31.4%
Cash Flow
$-816/mo
DSCR
0.54
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-816/mo net cash flow with a 3.3% 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 |
|---|---|---|---|
| 2026-07-30 | Price change | $339,000 | $287 |
| 2026-05-07 | Price change | $349,000 | $296 |
| 2026-04-18 | Price change | $359,000 | $304 |
| 2026-01-09 | Listed for sale | $369,000 | $313 |
| 2025-11-14 | Listing removed | $379,000 | $321 |
| 2025-09-11 | Price change | $379,000 | $321 |
| 2025-08-19 | Price change | $389,000 | $330 |
| 2025-07-15 | Price change | $399,000 | $338 |
| 2025-05-03 | Price change | $399,900 | $339 |
| 2025-03-24 | Price change | $415,000 | $352 |
| 2025-01-16 | Listed for sale | $425,000 | $360 |
| 2024-10-24 | Listing removed | $167,500 | $142 |
| 2022-06-01 | Listing removed | $0 | – |
| 2022-04-04 | Listed for sale | $167,500 | $142 |
| 2021-07-08 | Listing removed | $0 | – |
| 2021-07-06 | Listed for sale | $149,000 | $126 |
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