Updated Condo Near Silver
For Sale
$199,999
25 Chickadee Drive #1, Branson, MO 65616
Furnished 2 bed, 2 bath condo near Silver Dollar City.
Property Size938 SF
Days on Market562
Property Features for 25 Chickadee Drive #1
General Information
Standard status
Active
Size
938 SF
Property subtype
Condominium
Amenities
Cable Ready
Ceiling Fan(s)
Forced Air
Central
Electric Cooktop
Free-Standing Electric Oven
Ice Maker
Dryer
Washer
Exhaust Fan
Microwave
Refrigerator
Electric Water Heater
Disposal
Dishwasher
Deck, Pool, Cable Available, Composition
Building Details
Building Size
938 SF
Year Built
1994
Stories
1
Listing Agency:
Coldwell Banker Realty
(402) 297-2249
Listed By:
Armond Kissel · License #2019007690
(402) 297-2249
Source:
Kw
Added: Feb 4, 2025
Changed: Aug 8
Last Checked: Aug 18 at 10:34PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This furnished condo features 2 bedrooms and 2 bathrooms. The full-size kitchen includes modern appliances. A large deck spans the back of the property, offering space for entertaining and wildlife viewing. Located near Silver Dollar City, the property is a short walk from tennis/pickleball, basketball courts, pool, and hot tub. The Cove Resort provides access to lakefront property on Table Rock Lake, with trails and lakeside fishing.
Key Highlights
- Fully furnished 2 bedroom, 2 bath condo, move‑in ready or suitable for nightly rentals.
- Prime location: Less than 5 minutes from Silver Dollar City.
- Enjoy resort amenities: Pool, hot tub, tennis/pickleball court, and basketball court.
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
$7,575
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
3.79%
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%
$151,500
$151.5K
Cap Rate 7%
$108,214
$108.2K
Cap Rate 9%
$84,167
$84.2K
Market Conditions
NOI Build-Up for 938 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
$15.0K $15.96/SF
− Vacancy
−$1.2K −$1.28/SF
EGI
$13.8K $14.68/SF
− OpEx
−$6.2K −$6.61/SF
NOI
$7.6K $8.08/SF
Area
Taney County, MO
Vacancy
8.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
45.00%
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%
$151,500
Cap Rate 7%
$108,214
Cap Rate 9%
$84,167
Alternative Uses
Best Use
Apartment 5plus
$108.2K
$94.7K – $126.3K
NOI $7,575 @ 7.0% cap · market cap 3.79%
Second Best
Hotel Hospitality
$85.9K
$75.2K – $100.3K
NOI $6,015 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$183.3K
$160.4K – $213.9K
NOI $12,832 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Explore this area
Business Placement
Demographics for 65616, MO
27,562
Population
16,419
Households
1.7
Avg Household Size
43
Median Age
30%
College-Educated
90%
High-School Grad
76.5 sq mi
ZIP Area
360
Density / Sq Mi
$60,253
Median Household Income
$29,892
Median Earnings
$975
Median Rent
$243,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Short term rental property - Furnished 2 bed, 2 bath condo near Silver Dollar City.
Where is this short term rental property located?
The property is located at 25 Chickadee Drive #1 Branson, MO.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Fully furnished 2 bedroom, 2 bath condo, move‑in ready or suitable for nightly rentals.; Prime location: Less than 5 minutes from Silver Dollar City.; Enjoy resort amenities: Pool, hot tub, tennis/pickleball court, and basketball court.
