For SaleNeutral Deal3 days on market
1032 Beringer Way
1032 Beringer Way, Billings, MT 59106, Billings, MT 59106
$1,199,000
Listing Price
1032 Beringer Way, Billings, MT 59106
Loc: Billings, MT
Days Listed
3
Tax Assessed
$130k
Lot Size
0.34 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Meadowlark Elementary School
PK-5
3.2 mi away
5
Ben Steele Middle School
6-8
0.4 mi away
5
Billings West High School
9-12
4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence2026Forced Air, GasCentral Air4 Attached Garage spaces0.34 Acres4 Days$445
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
6.95%
Total ROI
109.9%
Cash Flow
$723/mo
DSCR
1.12
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $723/mo net cash flow with a 7.0% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.0%)
- • Strong rental demand in Billings
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-20 | Listed for sale | $1,199,000 | $445 |
| 2021-02-11 | Listing removed | $0 | – |
| 2021-02-10 | Price change | $98,500 | $37 |
| 2021-01-26 | Listed for sale | $95,000 | $35 |
| 2021-01-01 | Listing removed | $0 | – |
| 2020-06-01 | Price change | $95,000 | $35 |
| 2018-10-25 | Listed for sale | $100,000 | $37 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $752.8 | $130,049 |
| 2024 | $1,025.02 | $113,515 |
| 2023 | $1,012.76 | $113,515 |
| 2022 | $923.61 | $93,057 |
| 2021 | $878.42 | $93,057 |
| 2020 | $873.23 | $92,269 |
| 2019 | $889.98 | $92,269 |
| 2018 | $480.93 | $14,162 |
| 2017 | $435.16 | $14,162 |
| 2016 | $464.39 | $12,044 |
| 2015 | $464.39 | $12,044 |
| 2014 | $391.08 | $7,431 |
| 2013 | $118.37 | $7,110 |
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