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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

106 Chestnut Ln Bellevue, ID 83313

4 Beds 4 Baths 2,075 sqft Built 1983
Last updated:  Jul 30, 2018

INVESTimate

$563,446

$491K - $636K

Price Est.

$2,144

$1.9K - $2.4K

Rent Est.

$619,453  ( +9.94%)   1 YR EST. FORECAST
  
  
  

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106 Chestnut Ln PROPERTY INFO

FACTS
  • Built In 1983
  • Price/Sqft : $271.54
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,075 sqft
  • Baths : 3 Full 1 Half

106 Chestnut Ln SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

BELLEVUE

  • 4,054

    POPULATION
  • 1,490

    HOUSEHOLDS
  • 53.4%

    WHITE COLLAR

Neighborhood : BELLEVUE

HOUSEHOLDS
1,490
POPULATION

4,054

26.5%Renters
73.5%Home Owners
LABOR FORCE

 

53.4%White Collar
46.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,090 per month.

MY RENT : $2,090 MEDIAN RENT : $1,331

Rent % Distribution LEVEL
$500-699 6.9%
$700-899 15.9%
$900-999 5.5%
$1,000-1,499 37.7%
>=$1,500 33.9%
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 $2,090 would therefore be considered affordable for annual household incomes greater than $83,600 (12 months x 3.333 x $2,090).

Rent % Affordability
Above $500 88.2%
Above $700 79.0%
Above $1,100 64.6%
Above $1,500 50.3%
Above $1,900 39.5%
HOUSEHOLD INCOME RANGE

Approximately 472 of households in this neighborhood have a total annual income of $83,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,090 per month.

MINIMUM INCOME RANGE : $83,600

Income % Distribution
<$20K 11.8%
$20K-$35K 16.1%
$35K-$60K 21.7%
$60K-$100K 22.3%
>=$100K 28.1%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.6%
5-9 mins 7.6%
10-14 mins 19.1%
15-19 mins 13.5%
20-29 mins 13.1%
30-44 mins 24.3%
45-59 mins 10.6%
>60 mins 3.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,090 per month.

MY RENT : $2,090 MEDIAN RENT : $1,331

Rent % Distribution
$500-699 6.9%
$700-899 15.9%
$900-999 5.5%
$1,000-1,499 37.7%
>=$1,500 33.9%
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 $2,090 would therefore be considered affordable for annual household incomes greater than $83,600 (12 months x 3.333 x $2,090).

Rent % Affordability
Above $500 88.2%
Above $700 79.0%
Above $1,100 64.6%
Above $1,500 50.3%
Above $1,900 39.5%
HOUSEHOLD INCOME RANGE

Approximately 472 of households in this neighborhood have a total annual income of $83,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,090 per month.

MINIMUM INCOME RANGE : $83,600

Income % Distribution
<$20K 11.8%
$20K-$35K 16.1%
$35K-$60K 21.7%
$60K-$100K 22.3%
>=$100K 28.1%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.6%
5-9 mins 7.6%
10-14 mins 19.1%
15-19 mins 13.5%
20-29 mins 13.1%
30-44 mins 24.3%
45-59 mins 10.6%
>60 mins 3.3%

BELLEVUE Demographics

INDUSTRY

Industry % Distribution
Administrative Support 11.8%
Arts & Entertainment 15.0%
Construction 13.5%
Educational Services 7.2%
Health Care & Social Assistance 7.6%
Retail & Wholesale Trader 14.8%
Other 30.1%
AGE DISTRIBUTION

57% of the population is between the ages of 25 and 64, 31% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 20.1%
15-19 5.3%
20-24 6.1%
25-44 24.0%
45-65 32.7%
66+ 11.9%
OCCUPATION

Occupation % Distribution
Clean 12.2%
Computer Engineering 7.4%
Management, Business, & Financial 12.5%
Natural Resources Maintenance 22.2%
Production & Transportation 9.3%
Sales & Office 16.6%
Other 19.8%
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 7.4%
High School 28.7%
Masters Degree 7.6%
Some College 20.0%
Some High School 15.7%
Other 20.5%

106 Chestnut Ln Comps

Sorry, we do not have sufficient data available.

106 Chestnut Ln, Bellevue, ID 83313 is a single family home of 2,075 sqft. HomeUnion INVESTimateĀ® for 106 Chestnut Ln includes a Price Estimate of $563,446 and a Rent Estimate of $2,144. This single family home has 4 bedrooms,4 bathrooms, and was built in 1983. This property has an estimated 15 year annualized Yield of 4.57% and Total Return of 25.49%. The estimated 1 year forecast in home value for 106 Chestnut Ln is 9.94%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in ID , BLAINE County , or the 83313 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2