New
For Sale
$275,950
200 SW Chartwell Dr, Lees Summit, MO 64082
Built in 2003, this residential income property offers an option to purchase the other side through December 31, 2027.
Property Size1,564 SF
Price / SF$176.44
Days on Market6
Property Features for 200 SW Chartwell Dr
General Information
Standard status
Active
Size
1,564 SF
Property subtype
Multi-Family
Building Details
Year Built
2003
Listing Agency:
RE/MAX State Line
(913) 284-7579
Listed By:
Van Noy Real Estate
(913) 349-7580
Source:
Kchomelistings
Added: Oct 24
Changed: Oct 27
Last Checked: Oct 28 at 8:40AM
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 State Line
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Investment Insights
Based on property information with market context.
This duplex was built in 2003. The other side may also be purchased, with that option available through December 31, 2027.
Key Highlights
- Built in 2003
- Option to purchase the other side is available through 12/31/2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,972
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,440
$299.4K
Cap Rate 7%
$213,886
$213.9K
Cap Rate 9%
$166,356
$166.4K
Market Conditions
NOI Build-Up for 1,564 SF
Gross rent
$28.7K $18.36/SF
− Vacancy
−$1.5K −$0.95/SF
EGI
$27.2K $17.41/SF
− OpEx
−$12.2K −$7.83/SF
NOI
$15.0K $9.57/SF
Area
Lees Summit, MO
Vacancy
5.20%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,440
Cap Rate 7%
$213,886
Cap Rate 9%
$166,356
Alternative Uses
Best Use
Apartment 5plus
$213.9K
$187.2K – $249.5K
NOI $14,972 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$396.9K
$347.3K – $463.1K
NOI $27,786 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
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Business Placement
Demographics for 64082, MO
17,973
Population
6,735
Households
2.7
Avg Household Size
38
Median Age
56%
College-Educated
98%
High-School Grad
20.5 sq mi
ZIP Area
877
Density / Sq Mi
$132,310
Median Household Income
$67,869
Median Earnings
$1,738
Median Rent
$380,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - Built in 2003, this residential income property offers an option to purchase the other side through December 31, 2027.
Where is this residential income property located?
The property is located at 200 SW Chartwell Dr Lees Summit, MO.
What is the asking price?
The asking price for this property is $275,950.
What are key features of this property?
This property features: Built in 2003; Option to purchase the other side is available through 12/31/2027
