Brand New 3BR
For Sale
$175,000
504 E Hayes St, Valley Center, KS 67147
Residential, Valley Center, KS
Property Size1,209 SF
Lot Size0.92 Acres
Price / SF$144.75
Days on Market208
Property Features for 504 E Hayes St
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Kitchen, Bathroom 2, Laundry Room, Bathroom 1, Bedroom 1, Bedroom 2
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Walk-In Closet(s), Smoke Detector(s)
Exterior features
Guttering - ALL, Zero Step Entry, Frame w/Less than 50% Mas
Fireplace
1
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Range, Smoke Detector
Subdivision
SUNFLOWER
Lot features
Pond/ Lake
Elementary school
Valley Center
Middle school
Valley Center
High school
Valley Center
Elementary school district
Valley Center Pub School (USD 262)
Middle school district
Valley Center Pub School (USD 262)
High school district
Valley Center Pub School (USD 262)
Directions
North on meridian until Ford rd. Turn east onto Ford until turning south onto Wybern St. Take wybern until turning west onto Hayes St.
Standard status
Active
APN
30026383
Size
1,209 SF
Lot size
0.92 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TH PT LOT 4 COMM SE COR THEREOF TH NWLY 13.47 FT TO BEG OF CURV TO LEFT NWLY ALG CURV 31.38 FT W 78.
Tax Annual Amount
2297
HOA Fee
$600 Annually
Legal Description
TH PT LOT 4 COMM SE COR THEREOF TH NWLY 13.47 FT TO BEG OF CURV TO LEFT NWLY ALG CURV 31.38 FT W 78.
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air, Natural Gas
Cooling system
Electric, Central Air
Building Details
Year built
2024
Floors in Building
1
Flooring type
Smoke detector(s)
Roof type
Composition
Listing Agency:
Keller Williams Hometown Partners · Keller Williams Realty
(316) 729-8500
Listed By:
Tanner Ternes · License #00250292
(316) 670-6071
Added: Feb 7
Changed: Sep 2
Last Checked: Sep 3 at 6:06AM
MLS# 667985
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.
Brand new 3-bedroom, 2-bathroom townhome with approximately 1,209 square feet of living space. The interior features an open floor plan with a spacious living room, a large kitchen island, and a walk-in pantry. The primary suite includes a private bath and a walk-in closet.
Located at 504 E Hayes St in Valley Center, Kansas (Sedgwick County) within the Valley Center school district. The lot size is listed at 0.92 acres, and taxes are noted as not fully assessed.
The home’s layout is designed for everyday flow between the living room and kitchen, with dedicated storage in the pantry and closet space in the master suite.
Located at 504 E Hayes St in Valley Center, Kansas (Sedgwick County) within the Valley Center school district. The lot size is listed at 0.92 acres, and taxes are noted as not fully assessed.
The home’s layout is designed for everyday flow between the living room and kitchen, with dedicated storage in the pantry and closet space in the master suite.
Key Highlights
- Brand‑new 3‑bedroom, 2‑bath townhome with 1,209 SF in the Valley Center school district
- Open floor plan with spacious living room, large kitchen island, and walk‑in pantry
- Master suite includes a private bath and walk‑in closet
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
$9,324
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
5.33%
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%
$186,480
$186.5K
Cap Rate 7%
$133,200
$133.2K
Cap Rate 9%
$103,600
$103.6K
Market Conditions
NOI Build-Up for 1,209 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
$17.8K $14.76/SF
− Vacancy
−$892 −$0.74/SF
EGI
$17.0K $14.02/SF
− OpEx
−$7.6K −$6.31/SF
NOI
$9.3K $7.71/SF
Area
Sedgwick County, KS
Vacancy
5.00%
Lease Rate
$14.76 /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%
$186,480
Cap Rate 7%
$133,200
Cap Rate 9%
$103,600
Alternative Uses
Best Use
Apartment 5plus
$133.2K
$116.6K – $155.4K
NOI $9,324 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$252.0K
$220.5K – $294.0K
NOI $17,639 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Explore this area
Business Placement
Demographics for 67147, KS
10,715
Population
4,106
Households
2.6
Avg Household Size
37
Median Age
39%
College-Educated
92%
High-School Grad
103.6 sq mi
ZIP Area
103
Density / Sq Mi
$82,711
Median Household Income
$47,569
Median Earnings
$996
Median Rent
$227,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Brand new townhome offering 3 bedrooms, 2 bathrooms, an open living area, and a master suite with walk-in closet.
Where is this single family property located?
The property is located at 504 E Hayes St Valley Center, KS.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Brand‑new 3‑bedroom, 2‑bath townhome with 1,209 SF in the Valley Center school district; Open floor plan with spacious living room, large kitchen island, and walk‑in pantry; Master suite includes a private bath and walk‑in closet
