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    495 Jardine Road Gardiner, MT 59030

    View on Map
    For Sale
    $975,000

    MULTI_FAMILY - Rustic - Gardiner, MT

    Lot size:
    0.83 Acres
    Added:
    May 23, 2025
    Days on Market:
    313
    Last Refresh:
    Mar 31 at 8:06 pm

    Property Features for 495 Jardine Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Patio and Porch features
    Porch
    Interior features
    VaultedCeilings, WoodBurningStove, WindowTreatments
    Exterior features
    GravelDriveway
    Fireplace
    1
    Appliances
    Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    0005009000
    Lot size
    0.83 Acres

    Taxes and HOA fees

    TaxDescription
    S08, T09 S, R09 E, C.O.S. 1457, PARCEL D-2, ACRES 0.831, IN ROSE PLACER (DUPLEX)
    TaxAnnualAmount
    3813

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Heating system
    Wood, Propane (Heating)
    Cooling system
    Ceiling Fan(s)
    Water source
    Well
    Water front features
    Creek
    Water front
    1

    Building Details

    Year built
    1960
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Hardwood, Tile
    Building materials
    T111Siding, WoodSiding
    Roof type
    Metal, Shingle
    Architectural style
    Rustic

    We can help!

    Listing Contact
    Dolly Nickerson

    Listing agent Dolly Nickerson License #RBS-63265

    Listing office Engel & Volkers - Livingston 105 West Park, Unit 5, Livingston, MT

    Listing date May 23, 2025

    MLS# 402384 Listing URL

    Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rustic Multi-Family Near Yellowstone

    This unique multi-family property is located minutes from the North Entrance of Yellowstone National Park, the only entrance open year-round. The property includes a main residence with three bedrooms on the second floor, including a master bedroom with its own bathroom, and another full bathroom and laundry room. The main floor features a kitchen with a pantry, a dining area, and a family room. There is also a welcoming porch. An additional charming one-bedroom dwelling unit is also located on the property, as well as a "writers" cabin. The property is situated close enough to the Park and to town for convenience, yet far enough away from crowds for relaxation. The lot size is 0.831 acres. This property could serve as a family legacy property and generate income when not in use by family.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Garden Center Bakery

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gardiner
    County
    Park
    State
    Montana
    Longitude
    -110.6404474
    Latitude
    45.064081

    Nearby Similar for Sale

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    • $1,799,000

      Gardiner, MT Multifamily Investment Property

      Four turnkey apartments near Yellowstone's entrance, ideal for vacation rentals.
      301 Spring Street, Gardiner, MT 59030
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    • $1,995,000
      4,000 SF

      Turnkey VRBO near Yellowstone

      Thriving VRBO business opportunity near Yellowstone National Park.
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    FAQs

    What type of property is this?
    Single family property - Unique multi-family property near Yellowstone's North Entrance.
    Where is this single family property located?
    The property is located at 495 Jardine Road Gardiner, MT.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Proximity to Yellowstone National Park (North Entrance, open year‑round) offers both recreational opportunities and potential rental income.; Main residence features 3 bedrooms, including a master suite, plus a well‑equipped kitchen and comfortable living spaces.; Additional 1‑bedroom dwelling unit provides extra living space or rental potential.
    (406) 698-7606
    We can help!
    Listing Contact
    Dolly Nickerson
    Real Estate License ID: RBS-63265
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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