Remodeled Townhome Near Raintree
310 SW Raintree Drive, Lees Summit, MO 64082
Remodeled townhome with lake access and community amenities.
Type:Condo/Townhome
Property size:
2,398 SFLot size:
0.94 AcresPrice / SF:
$135/SF- Added:
- Feb 21, 2025
- Days on Market:
- 467
- Last Refresh:
- May 19 at 10:11 pm
Property Features for 310 SW Raintree Drive
General Information
- Standard status
- Active
- Size
- 2,398 SF
- Lot size
- 0.94 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1986
Listing agent Renee Amey License #2003024272 (816) 213-3421
Listing office RE/MAX Elite, REALTORS (816) 213-3421
Listing date Feb 21, 2025
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Elite, REALTORS
HighLights
- Short walk to Raintree Lake, Clubhouse, and Community Pool.
- Extensively remodeled with newer features including wood floors, granite counters, plantation shutters, and stone fireplace.
- Maintenance fee covers lawn care, snow removal, trash, and exterior maintenance.
- Additional living space with a large loft area and nearly finished lower level with new bathroom.
- Newer large deck and garage floors.
- Access to Raintree Lake amenities: boating, skiing, fishing, and walking trails.
Overview
This beautifully remodeled townhome in Raintree is located a short walk from the lake, clubhouse, and community pool. The property features an open floor plan with vaulted ceilings, plantation shutters, and a stone fireplace. A newer, large deck is located at the rear of the home. Recent updates include wood floors, granite counters, plantation shutters, pull-out drawers in the pantry and kitchen cabinets, additional kitchen cabinets, lighting and plumbing fixtures, and iron stair spindles. The garage floors and A/C unit are also newer. Additional living space has been added upstairs in the form of a large loft area suitable for a study or media area. The lower level is nearly finished and includes a bathroom with a new shower and a family room, ready for the new owner to add their own finishing touches. The maintenance fee covers lawn care, snow removal, trash service, and exterior siding/stucco maintenance. Residents can enjoy Raintree Lake amenities such as boating, skiing, fishing, walking trails, and the community pool. The property size is 2398 square feet.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.0k | $18.36 |
| − Vacancy | −$2.3k | −$0.95 |
| EGI | $41.7k | $17.41 |
| − OpEx | −$18.8k | −$7.83 |
| NOI | $23.0k | $9.57 |
2,398 SF · lease $18.36/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$327.9K
$287.0K – $382.6K
NOI $22,956 @ 7.0% cap · market cap 7.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$608.6K
$532.5K – $710.1K
NOI $42,603 @ 7.0% cap · market cap 13.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Location Insight
- Map
- Local Demand
- City
- Lees Summit
- County
- Cass
- State
- Missouri
- Longitude
- -94.3839796
- Latitude
- 38.8408913
Nearby Similar for Sale
FAQs
What type of property is this?
Residential income property - Remodeled townhome with lake access and community amenities.
Where is this residential income property located?
The property is located at 310 SW Raintree Drive Lees Summit, MO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Short walk to Raintree Lake, Clubhouse, and Community Pool.; **Extensively remodeled with newer features including wood floors, granite counters, plantation shutters, and stone fireplace.**; Maintenance fee covers lawn care, snow removal, trash, and exterior maintenance.
