FOR SALE
$89,900

40907 West Highlands,
Homer AK 99603

Single Family
Cabin
1Bd n/aBa 224 Sq. Ft
15-17508
MLS ID
15-17508
Property ID
  Listing Office: Christopher Story - STORY REAL ESTATE
Wood beam construction and a perfect location for a warm and cozy get-away cabin. Beautiful summer location for watching the sun set behind the Alaska Range Volcanos. Hunting areas close in the fall. Skiing, hiking and just peace and quiet in the winter. After all that build your dream home on this lot and have a guesthouse to boot.

LISTING INFORMATIONActive Closed Pending Sold Under Contract
Originating MLS:
Source MLS: Alaska Multiple Listing Service Inc

MLS #
Property ID
15-17508
Property Type
Single Family, Cabin
Bedrooms
1
Municipality
County
Kenai Peninsula Borough
Lot Size
4.69 Acres
Square Feet
224 (approx)
Year Built
2011
Sewer
No Sewer
Sewer
No Sewer
School Information
Elementary
PAUL BANKS/HOMER
Middle
HOMER
High
HOMER
Room Information

Dining Area
Interior Features
Wood,Stove
Exterior / Lot Features
No Covered Parking
Metal
Mountain, View
Covenants/Restructions
Driving Directions
Follow Diamond Ridge from the Highway past the Radio station to Tulin West Highland (2 miles). Turn north go north just a quarter mile.
Financial Considerations
$520
2015
  Christopher Story -  STORY REAL ESTATE - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Christopher Story - STORY REAL ESTATE
Price History
Listing Price History for 40907 West Highlands
Price History
Date
Event
Price
Source
04/22/2016
Active
$89,900 -10.01%
MLS
12/11/2015
Active
$99,900 -13.88%
MLS
12/02/2015
Active
$116,000
MLS
Average High Rent $1,130/mo.
Average Median Rent $828/mo.
Average Low Rent $650/mo.

Rent estimates based on 60 comparable rental listings with matching bedrooms and approx. size in 2 mile radius.

Rental Data Provided by Rent Range

Purchasers are required to conduct their own due diligence and validation.

 
Monthly Yearly
Est. Cash Flow
277.13 3325.56
Est. Cap Rate
  8.28
Est. Cash on Cash Return
  18.50
Est. Gross Yield
  10.08
NEARBY SCHOOLS
School Rating Out of 10
Grades
Distance
Public Schools
4 Homer Flex School
9-12
0.88 mi
9 Homer Middle School
7-8
1.97 mi
9 West Homer Elementary School
3-6
2.40 mi
Data Provided by GreatSchools.org
Drive Time
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Walk Score
People
Zip
City
County
National
Population
9,518
5,050
55,474
309,138,711
Population Density
9
365
4
88
People per Household
2.3
2.3
2.4
2.6
Median Age
40.9
41
40.9
37.2
Median Household Income
$51,875
$52,535
$59,421
$53,046
Average Income
$29,263
$30,913
$30,789
$28,051
Economy
Zip
City
County
National
Unemployment
7.60%
7.60%
7.60%
6.30%
Recent Job Growth
1.74%
1.74%
1.74%
1.18%
Future Job Growth
35.90%
35.90%
35.90%
36.10%
Sales Tax
3.00%
7.50%
3.00%
6.00%
Income Tax
0.00%
0.00%
0.00%
4.72%
Cost of Living Index
131.6
129.7
125.4
100
Environment
Zip
City
County
National
Altitude
149
106
1958
1443
Rainfall (inches annually)
24.7
24.7
26.1
36.5
Snowfall (inches annually)
54.9
54.9
69.4
25
January Avg. Low Temp
16.7
16.7
10.2
20.5
July Avg. High Temp
61
61
63
86.5
Days of Precipitation Annually
143
143
126
100
Days Mostly Sunny Annually
140
135
135
205
Comfort Index (during hot weather)
93
92
92
44
Broker: Viola Robinson
Viola.Robinson@xome.com
Broker: Jonathan Cerreta
Jonathan.Cerreta@xome.com
Xome Broker: Larry White Jr.
(602) 206-1262

Ask a Question

PREQUALIFY NOW
Courtesy: STORY REAL ESTATE
Patrick G. "Gabe" Stephan, AK License #7676, Xome Inc., Entity #10010943, patrick.stephen@Xome.com, 844-400-9663 3801 Centerpoint Drive, Suite 200, Anchorage, AK 99503


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