All-Brick Patio Home with Sun
1264 E Lafayette Court E Springfield, MO 65804
1264 E Lafayette Court E, Springfield, MO, 65804
$299,000
Pending
For Sale
$299,000
Pending
All-brick patio home with three bedrooms, three full baths, and a sun room, plus low-maintenance landscaping.
Property Size1,878 SF
Days on Market313
Property Features for 1264 E Lafayette Court E
General Information
- Standard status
- Pending
- Size
- 1,878 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1991
Listing agency
ReeceNichols
(417) 883-6666
Listed by
Springfield
(417) 988-8998
Source
Xome
Added: Sep 12, 2025 Updated: Jul 21 at 5:49AM Checked: Jul 21 at 5:49AM
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 ReeceNichols
Investment Insights
Based on property information with market context.
Located at 1264 E Lafayette Court E in Springfield, Missouri, this all-brick patio home offers three bedrooms and three full baths. The layout includes a sun room, along with a low-maintenance design intended to keep outdoor upkeep minimal with a small yard.
The home’s exterior and overall design emphasize comfort and practicality, with an emphasis on easy day-to-day living. A seller-allowed carpet allowance of $7,500.00 is also noted.
For buyers seeking a single-family patio-style residence with multiple full baths and an additional sun room, this home presents a straightforward, manageable configuration.
The home’s exterior and overall design emphasize comfort and practicality, with an emphasis on easy day-to-day living. A seller-allowed carpet allowance of $7,500.00 is also noted.
For buyers seeking a single-family patio-style residence with multiple full baths and an additional sun room, this home presents a straightforward, manageable configuration.
Key Highlights
- All‑brick patio home built in 1991 with 3 bedrooms and 3 full baths
- Sun room plus enclosed patio for additional indoor/outdoor living space
- Finished full basement with storage, concrete surfaces, and plumbing
Local Financial Insights For Multifamily LT 5
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 | $25.9k | $13.80 |
| − Vacancy | −$1.6k | −$0.85 |
| EGI | $24.3k | $12.95 |
| − OpEx | −$7.3k | −$3.88 |
| NOI | $17.0k | $9.06 |
1,878 SF · lease $13.80/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$243.2K
$212.8K – $283.7K
NOI $17,022 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$216.9K
$189.8K – $253.0K
NOI $15,182 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$283.5K
$248.0K – $330.7K
NOI $19,842 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - All-brick patio home with three bedrooms, three full baths, and a sun room, plus low-maintenance landscaping.
Where is this duplex located?
The property is located at 1264 E Lafayette Court E Springfield, MO.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: All‑brick patio home built in 1991 with 3 bedrooms and 3 full baths; Sun room plus enclosed patio for additional indoor/outdoor living space; Finished full basement with storage, concrete surfaces, and plumbing
