FOR SALE
$119,900

48857 S Rainbow Ridge,
Willow AK 99688

Single Family
Ranch
2Bd 1.0Ba 956 Sq. Ft
16-6327
MLS ID
16-6327
Property ID
  Listing Office: Elise Buchholz - JACK WHITE REAL ESTATE MAT SU
Recreational Paradise with modern comforts. This handicap friendly ranch style home home has a large arctic entry that leads to open living area with woodstove. 2 large BRs and full BA are just off the living area. Nice level yard with a fenced area and a nice wood storage shed. The lake is across the street.

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

MLS #
Property ID
16-6327
Property Type
Single Family, Ranch
Bedrooms
2
Municipality
County
Matanuska-Susitna Borough
Bathrooms
1
Lot Size
0.51 Acres
Square Feet
956 (approx)
Year Built
2010
Construction
Wood Frame
Water
Well Private
Builder
Rick Melton
Water
Well Private
School Information
Elementary
WILLOW
Middle
SU VALLEY
High
SU VALLEY
Room Information

First Floor Bedroom
Dining Area
Interior Features
Range-Oven
Carpet
Ceiling Fan(s)
Electric Heating, Wood,Radiant, Stove
Handicapped Access
Handicapped Access, Smoke Alarm, Washer/dryer Hookup, Window Coverings
Exterior / Lot Features
No Covered Parking
Deck/Patio
Asphalt Shingle
Lake
Water Front, Lake
Driving Directions
Parks Hwy to Mile 88, Rt on Hidden Hills, L at Y on Caswell Lakes Rd. approx 3.5 miles, L on Rainbow Ridge, Home on right.
Financial Considerations
$1,448
  Elise Buchholz -  JACK WHITE REAL ESTATE MAT SU - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Elise Buchholz - JACK WHITE REAL ESTATE MAT SU
Price History
Listing Price History for 48857 S Rainbow Ridge
Price History
Date
Event
Price
Source
10/24/2016
Active
$119,900 -4.08%
MLS
08/04/2016
Active
$125,000 -10.07%
MLS
04/26/2016
Active
$139,000
MLS
Average High Rent $1,579/mo.
Average Median Rent $1,135/mo.
Average Low Rent $885/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
463.33 5560.00
Est. Cap Rate
  9.22
Est. Cash on Cash Return
  23.19
Est. Gross Yield
  11.06
NEARBY SCHOOLS
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Walk Score
People
Zip
City
County
National
Population
2,645
1,944
101,095
321,418,820
Population Density
2
3
4
89
People per Household
2.6
2.6
3
2.6
Median Age
46.2
43.2
34.7
37.4
Median Household Income
$53,380
$56,330
$72,134
$53,482
Average Income
$27,522
$29,509
$30,013
$28,555
Economy
Zip
City
County
National
Unemployment
8.30%
8.30%
8.30%
5.20%
Recent Job Growth
0.10%
0.10%
0.10%
1.60%
Future Job Growth
31.80%
31.80%
31.80%
38.00%
Sales Tax
0.00%
0.00%
0.00%
6.00%
Income Tax
0.00%
0.00%
0.00%
4.60%
Cost of Living Index
116.2
116.2
124.4
100
Environment
Zip
City
County
National
Altitude
334
223
2913
1443
Rainfall (inches annually)
19
19
18.9
39.2
Snowfall (inches annually)
75.8
75.8
111.3
25.8
January Avg. Low Temp
-3.9
-3.9
4.1
22.6
July Avg. High Temp
68.6
68.6
67.3
86.1
Days of Precipitation Annually
109
91
104
102
Days Mostly Sunny Annually
128
127
129
205
Comfort Index (during hot weather)
36
36
39
54
Broker: Viola Robinson
Viola.Robinson@xome.com
Broker: Jonathan Cerreta
Jonathan.Cerreta@xome.com
Xome Broker: Larry White Jr.
(602) 206-1262

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Courtesy: JACK WHITE REAL ESTATE MAT SU
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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