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Ranch Duplex with Covered Patio
For Sale
$189,500
Pending

436 W Long Path Ct, Goddard, KS 67052

Residential, Goddard, KS

Property Size1,376 SF
Lot Size0.10 Acres
Days on Market53

Property Features for 436 W Long Path Ct

General Information

Property type Residential
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Laundry Room, Bedroom 1, Bathroom 1, Kitchen
Interior features Walk-In Closet(s), Vaulted Ceiling(s)
Exterior features Guttering - ALL, Irrigation Well, Sprinkler System, Zero Step Entry
Appliances Dishwasher, Disposal, Microwave, Refrigerator, Range
Subdivision TRAILS END
Lot features Cul-De-Sac, Standard
Elementary school Clark Davidson
Middle school Goddard
High school Robert Goddard
Elementary school district Goddard School District (USD 265)
Middle school district Goddard School District (USD 265)
High school district Goddard School District (USD 265)
Directions In west Goddard, from US 54/Kellogg, go south on 215th W Street to Long Path, East to second street on the south/right to site. Home is on the left, east side of street.
Standard status Pending
APN 30019721
Size 1,376 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 34 EXC BEG SE COR TH W 120 FT N 37.17 FT E 120 FT S 36.83 FT TO POB BLOCK 2 GODDARD TRAILS END A
Tax Annual Amount 3120
HOA Fee $1,100 Annually
Legal Description LOT 34 EXC BEG SE COR TH W 120 FT N 37.17 FT E 120 FT S 36.83 FT TO POB BLOCK 2 GODDARD TRAILS END A

Utilities

Utilities Natural Gas Available
Heating system Electric (Heating)
Cooling system Central Air

Amenities

community pool
fishing ponds
playground
walking paths

Building Details

Year built 2024
Floors in Building 1
Building materials Frame, Stone
Roof type Composition
Architectural style Ranch
Listing Agency: Real Broker, LLC
Listed By: Daniela Aguilera
Added: Jul 31 Changed: Sep 16 Last Checked: Sep 21 at 11:06PM
MLS# 676788

Copyright © 2026 South Central Kansas MLS. 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.

Built in 2024, this 1,376-square-foot ranch duplex offers a four-bedroom, two-bathroom layout on a 0.1-acre lot. The interior combines an open living and kitchen area with vaulted ceilings, luxury vinyl plank flooring, quartz countertops, upgraded cabinetry, stainless steel appliances, and a walk-in pantry. The primary suite includes a walk-in closet and en suite bathroom with a walk-in shower. Three additional bedrooms, a laundry room, and a two-car garage complete the configuration.

Outside, the property includes a fenced backyard, east-facing covered patio, zero-step entry, sprinkler system, and irrigation well. Natural gas is available, with electric heating and central air. Community features include a pool, fishing ponds, playground, and walking paths along the Prairie Sunset Trail. The property is one mile south of US-54/Kellogg, near Goddard public elementary and intermediate schools.

Key Highlights

  • 2024‑built ranch duplex with 1,376 square feet of living area
  • Four bedrooms and two bathrooms with a split‑bedroom floor plan
  • Open kitchen with quartz countertops, upgraded cabinetry, stainless steel appliances, and walk‑in pantry

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
$11,505
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
6.07%
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%
$230,100 $230.1K
Cap Rate 7%
$164,357 $164.4K
Cap Rate 9%
$127,833 $127.8K
Market Conditions
NOI Build-Up for 1,376 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
$17.3K $12.60/SF
− Vacancy
−$902 −$0.66/SF
EGI
$16.4K $11.94/SF
− OpEx
−$4.9K −$3.58/SF
NOI
$11.5K $8.36/SF
Area
Sedgwick County, KS
Vacancy
5.20%
Lease Rate
$12.60 /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%
$230,100
Cap Rate 7%
$164,357
Cap Rate 9%
$127,833

Alternative Uses

Best Use
Multifamily LT 5
$164.4K
$143.8K – $191.8K (±1% cap)
NOI $11,505 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$151.6K
$132.7K – $176.9K (±1% cap)
NOI $10,612 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$286.8K
$251.0K – $334.6K (±1% cap)
NOI $20,076 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 67052, KS

8,977
Population
3,081
Households
2.9
Avg Household Size
36
Median Age
39%
College-Educated
98%
High-School Grad
51.8 sq mi
ZIP Area
173
Density / Sq Mi
$104,044
Median Household Income
$48,428
Median Earnings
$1,372
Median Rent
$253,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The ranch layout pairs modern finishes with a fenced yard and covered patio.
Where is this duplex located?
The property is located at 436 W Long Path Ct Goddard, KS.
What is the asking price?
The asking price for this property is $189,500.
What are key features of this property?
This property features: 2024‑built ranch duplex with 1,376 square feet of living area; Four bedrooms and two bathrooms with a split‑bedroom floor plan; Open kitchen with quartz countertops, upgraded cabinetry, stainless steel appliances, and walk‑in pantry
More about this property
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