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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

36 Lumberjack Rd Butte, MT 59701

3 Beds 1 Baths 1,219 sqft Built 1974
Last updated:  Jan 23, 2020

INVESTimate

$250,995

$224K - $278K

Price Est.

$962

838 - $1.1K

Rent Est.

$250,995  ( 0%)   1 YR EST. FORECAST
  
  
  

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36 Lumberjack Rd PROPERTY INFO

FACTS
  • Built In 1974
  • Price/Sqft : $205.90
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,219 sqft
  • Baths : 1 Full

36 Lumberjack Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
TWIN BRIDGES SCHOOL Primary Regular 105 9 8
TWIN BRIDGES SCHOOL Middle Regular 105 9 8
TWIN BRIDGES HIGH SCHOOL High Regular 104 8 10

TWIN BRIDGES SCHOOL

  • Education Level: Primary
  • # of students: 105
  • # of teachers: 9
8
GreatSchools Rating

TWIN BRIDGES SCHOOL

  • Education Level: Middle
  • # of students: 105
  • # of teachers: 9
8
GreatSchools Rating

TWIN BRIDGES HIGH SCHOOL

  • Education Level: High
  • # of students: 104
  • # of teachers: 8
10
GreatSchools Rating
 

Financial Details

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Neighborhood

BUTTE

  • 33,597

    POPULATION
  • 14,826

    HOUSEHOLDS
  • 61.8%

    WHITE COLLAR

Neighborhood : BUTTE

HOUSEHOLDS
14,826
POPULATION

33,597

34.4%Renters
65.6%Home Owners
LABOR FORCE

 

61.8%White Collar
38.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 57% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $962 per month.

MY RENT : $962 MEDIAN RENT : $1,002

Rent % Distribution LEVEL
$500-699 4.9%
$700-899 27.4%
$900-999 17.4%
$1,000-1,499 50.1%
>=$1,500 0.2%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $962 would therefore be considered affordable for annual household incomes greater than $38,480 (12 months x 3.333 x $962).

Rent % Affordability
Above $500 73.8%
Above $700 64.6%
Above $1,100 46.5%
Above $1,500 33.0%
Above $1,900 24.3%
HOUSEHOLD INCOME RANGE

Approximately 6,049 of households in this neighborhood have a total annual income of $38,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $962 per month.

MINIMUM INCOME RANGE : $38,480

Income % Distribution
<$20K 26.2%
$20K-$35K 19.0%
$35K-$60K 21.9%
$60K-$100K 17.4%
>=$100K 15.6%
COMMUTE TIME DISTRIBUTION

34% of the working population has a commute time of 15 to 44 minutes, 60% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.6%
5-9 mins 22.2%
10-14 mins 32.3%
15-19 mins 20.7%
20-29 mins 8.6%
30-44 mins 4.9%
45-59 mins 2.4%
>60 mins 3.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 57% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $962 per month.

MY RENT : $962 MEDIAN RENT : $1,002

Rent % Distribution
$500-699 4.9%
$700-899 27.4%
$900-999 17.4%
$1,000-1,499 50.1%
>=$1,500 0.2%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $962 would therefore be considered affordable for annual household incomes greater than $38,480 (12 months x 3.333 x $962).

Rent % Affordability
Above $500 73.8%
Above $700 64.6%
Above $1,100 46.5%
Above $1,500 33.0%
Above $1,900 24.3%
HOUSEHOLD INCOME RANGE

Approximately 6,049 of households in this neighborhood have a total annual income of $38,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $962 per month.

MINIMUM INCOME RANGE : $38,480

Income % Distribution
<$20K 26.2%
$20K-$35K 19.0%
$35K-$60K 21.9%
$60K-$100K 17.4%
>=$100K 15.6%
COMMUTE TIME DISTRIBUTION

34% of the working population has a commute time of 15 to 44 minutes, 60% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.6%
5-9 mins 22.2%
10-14 mins 32.3%
15-19 mins 20.7%
20-29 mins 8.6%
30-44 mins 4.9%
45-59 mins 2.4%
>60 mins 3.3%

BUTTE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.7%
Educational Services 7.9%
Health Care & Social Assistance 16.9%
Public Administration 6.7%
Retail & Wholesale Trader 14.8%
Transportation 7.6%
Other 34.3%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 33% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 17.0%
15-19 6.4%
20-24 9.4%
25-44 22.0%
45-65 27.6%
66+ 17.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.0%
Healthcare 11.0%
Management, Business, & Financial 16.5%
Natural Resources Maintenance 10.9%
Production & Transportation 11.3%
Sales & Office 21.3%
Other 21.9%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.4%
High School 33.2%
Masters Degree 5.6%
Some College 23.8%
Some High School 8.7%
Other 20.3%

36 Lumberjack Rd Comps

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36 Lumberjack Rd, Butte, MT 59701 is a single family home of 1,219 sqft. HomeUnion INVESTimateĀ® for 36 Lumberjack Rd includes a Price Estimate of $250,995 and a Rent Estimate of $962. This single family home has 3 bedrooms,1 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 4.60% and Total Return of 5.08%. The estimated 1 year forecast in home value for 36 Lumberjack Rd is 0%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MT , MADISON County , or the 59701 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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