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192 Madcap Ln, Fairbanks, AK, 99709

$799,900

Home List Price

$9,499*

Closing Credit

32 Bedrooms
16 Full Baths
13,312 SqFt
$60/SqFt
Multi
Schools Nearby

Location

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192 Madcap Ln, Fairbanks$799,900

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built2
MLS #24-3329
Lot Size1.00 Acres
StatusActive

About 192 Madcap Ln

Looking for a High Income producing property? Then this is it!! You get 2 - 8 Plex's for a total of 16 units. Each unit is 2 bedrooms and 1bathroom and each building is 6656 sq/ft for a total of 13312 sq/ft of living space. Each building has their own coin -op washer/dryer laundry area. there is also a 2 story utility building and an Atco unit that is full of parts, tools, a couple extra ovens that conveys with purchase. There was a new Boiler heating system installed in Building 192 last year in 2023. Contact today for a showing and to request the 2023 Income statements and 2023 rental rates. All units are rented. These generate a high cash flow. Seller will not owner finance, Purchase needs to be cash or to purchase these with a loan you would need a high down payment due to the second building. Call for more details.

Property Details

Property Features

Property Information:

  • Year Built: 2
  • Living Area: 13,312 SqFt

Listing Office:

  • Office Name: Alaska Life Realty
  • Office Phone: (907) 385-3004

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 16
  • Total Bedroom Count: 32

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

School Info

Assigned Schools Information:

  • West Valley High School, Public District Grades 9-12
  • Randy Smith Middle School, Public District Grades 7-8
  • Pearl Creek Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Farmers Loop to Madcap Lane, buildings will be straight ahead

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,900
  • Price Per SqFt: $60/SqFt

Tax Information:

  • Annual Amount: $7,642
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #24-3329

Listing Office:

  • Office Name: Alaska Life Realty
  • Office Phone: (907) 385-3004

IDXThe listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than this broker are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage.

All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2024 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2024, 7:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,642$188,566
2018$7,017$189,286

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3895129
6
/10

  • Pearl Creek Elementary School

  • 700 Auburn Dr

  • 1.65 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3895130
4
/10

  • Randy Smith Middle School

  • 1401 Bainbridge Blvd

  • 2.24 miles

  • Public District Grades 7-8

High School

school-card-donut-3895131
6
/10

  • West Valley High School

  • 3800 Geist Rd

  • 1.15 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,453. The most common annual income of people living in Fairbanks North Star County, AK is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Alaska›Fairbanks North Star County›Fairbanks›99709›192 Madcap Ln

This home is located at 192 Madcap Ln in Fairbanks, AK and zip code 99709. This 13,312 square foot home, which was built in 2, sits on a 1.00 acre lot. Features: 32 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $799,900.

The inventory of homes for sale in Fairbanks North Star County, AK between March 2024 and April 2024 decreased by 19.5%. While the average time on the market in April 2024 was 137 days, the median list price was $324,950.

From Rocket Homes Real Estate and based on county public records data.

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