Brick Duplex on Corner
For Sale
$339,900
200 B Village Brooke Drive, Elizabethtown, KY 42701
SINGLE_FAMILY - Elizabethtown, KY
Property Size1,453 SF
Lot Size0.20 Acres
Price / SF$233.93
Days on Market30
Property Features for 200 B Village Brooke Drive
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Tray Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s)
Exterior features
Covered Patio, Landscaping
Fireplace
1
Appliances
Smoke Detector(s)
Subdivision
THE COURTYARD AT ROBINBROOKE F
Directions
From Ring road, turn right onto KY-361, then turn right onto Robinbrooke Blvd, then turn right onto Harmony Way, then turn left onto Village Brook Drive, property will be on the right.
Standard status
Active
Size
1,453 SF
Lot size
0.20 Acres
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
gas fireplace
center island
tray ceiling
ensuite bathroom
dual vanities
custom tile shower
vaulted ceilings
Building Details
Year built
2020
Flooring type
Tile, Hardwood
Roof type
Shingle
Architectural style
Other
Listing Agency:
Olive + Oak Realty
(270) 751-7339
Listed By:
The Still Group Team
(270) 751-7339
Added: Jul 14
Changed: Jul 30
Last Checked: Aug 12 at 10:06PM
MLS# HK2602920
Copyright © 2026 Heart of Kentucky Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Welcome to 200 B Village Brooke Drive, a right-side brick duplex on a corner lot in Elizabethtown, KY (Hardin County). Built in 2020, the home is designed for low-maintenance living and features an open floor plan with a spacious living room, vaulted ceilings, and a cozy gas fireplace.
The kitchen includes a functional center island and flows into the main living areas. The primary suite offers a tray ceiling, along with a dedicated ensuite bathroom featuring dual vanities and a custom tile shower. A second bedroom and an additional full bathroom round out the layout for flexible use.
Additional interior finishes include hardwood and tile flooring, ceiling fans, and walk-in closet(s). Comfort is provided by forced-air heating and central air conditioning. Outside, the property includes a covered patio and landscaping, with a shingle roof completing the exterior.
The kitchen includes a functional center island and flows into the main living areas. The primary suite offers a tray ceiling, along with a dedicated ensuite bathroom featuring dual vanities and a custom tile shower. A second bedroom and an additional full bathroom round out the layout for flexible use.
Additional interior finishes include hardwood and tile flooring, ceiling fans, and walk-in closet(s). Comfort is provided by forced-air heating and central air conditioning. Outside, the property includes a covered patio and landscaping, with a shingle roof completing the exterior.
Key Highlights
- Right‑side brick duplex on a corner lot in Elizabethtown, KY (Hardin County)
- Built in 2020
- 0.2‑acre lot and 1,453 SF interior space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,523
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$250,460
$250.5K
Cap Rate 7%
$178,900
$178.9K
Cap Rate 9%
$139,144
$139.1K
Market Conditions
NOI Build-Up for 1,453 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$18.8K $12.96/SF
− Vacancy
−$942 −$0.65/SF
EGI
$17.9K $12.31/SF
− OpEx
−$5.4K −$3.69/SF
NOI
$12.5K $8.62/SF
Area
Hardin County, KY
Vacancy
5.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$250,460
Cap Rate 7%
$178,900
Cap Rate 9%
$139,144
Alternative Uses
Best Use
Multifamily LT 5
$178.9K
$156.5K – $208.7K
NOI $12,523 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$166.2K
$145.4K – $193.9K
NOI $11,631 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$263.0K
$230.2K – $306.9K
NOI $18,412 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Explore this area
Business Placement
Demographics for 42701, KY
52,731
Population
23,565
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
94%
High-School Grad
161.8 sq mi
ZIP Area
326
Density / Sq Mi
$68,715
Median Household Income
$44,251
Median Earnings
$902
Median Rent
$235,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex with vaulted ceilings, a gas fireplace, and a covered patio on a corner lot.
Where is this duplex located?
The property is located at 200 B Village Brooke Drive Elizabethtown, KY.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Right‑side brick duplex on a corner lot in Elizabethtown, KY (Hardin County); Built in 2020; 0.2‑acre lot and 1,453 SF interior space
