Renovated Residential Income
For Sale
$215,000
6963 Chapel Woods Lane, Kansas City, MO 64152
The three-bedroom, two-bath layout includes updated finishes and access to a community pool and clubhouse.
Property Size1,272 SF
Price / SF$169.03
Days on Market8
Property Features for 6963 Chapel Woods Lane
General Information
Standard status
Active
Size
1,272 SF
Property subtype
Duplex
Site & Location
Neighborhood
Royal Oaks North
Highway Access
Yes
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Amenities
pool
clubhouse
play area
Painted Cabinets
Pantry
Walk-In Closet(s)
Building Details
Building Size
1,272 SF
Year Built
1967
Stories
2
Listing Agency:
Platinum Realty LLC
Listed By:
Annette Weiner
(888) 220-0988
Source:
Fishburnrealtyllc
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 26 at 3:50AM
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 Platinum Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,272-square-foot townhome has three bedrooms and two bathrooms, with renovation updates that include luxury vinyl flooring, refreshed finishes and new kitchen appliances. A roof replacement is planned, and the home was built in 1967.
Residents have access to a pool, pool clubhouse and play area through the HOA. The property is at 6963 Chapel Woods Lane in Kansas City, with access to major highways, shopping and dining.
Residents have access to a pool, pool clubhouse and play area through the HOA. The property is at 6963 Chapel Woods Lane in Kansas City, with access to major highways, shopping and dining.
Key Highlights
- 1,272‑square‑foot townhome with three bedrooms and two bathrooms
- Renovation updates include luxury vinyl flooring and new kitchen appliances
- Roof replacement is planned
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,382
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,640
$227.6K
Cap Rate 7%
$162,600
$162.6K
Cap Rate 9%
$126,467
$126.5K
Market Conditions
NOI Build-Up for 1,272 SF
Gross rent
$22.1K $17.40/SF
− Vacancy
−$1.4K −$1.13/SF
EGI
$20.7K $16.27/SF
− OpEx
−$9.3K −$7.32/SF
NOI
$11.4K $8.95/SF
Area
ZIP 64152
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,640
Cap Rate 7%
$162,600
Cap Rate 9%
$126,467
Alternative Uses
Best Use
Apartment 5plus
$162.6K
$142.3K – $189.7K
NOI $11,382 @ 7.0% cap · market cap 5.29%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$949.3K
$830.7K – $1.11M
NOI $66,454 @ 7.0% cap · market cap 30.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Explore this area
Business Placement
Demographics for 64152, MO
29,623
Population
12,525
Households
2.4
Avg Household Size
38
Median Age
51%
College-Educated
97%
High-School Grad
30.9 sq mi
ZIP Area
959
Density / Sq Mi
$110,421
Median Household Income
$51,231
Median Earnings
$1,236
Median Rent
$333,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - The three-bedroom, two-bath layout includes updated finishes and access to a community pool and clubhouse.
Where is this residential income property located?
The property is located at 6963 Chapel Woods Lane Kansas City, MO.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1,272‑square‑foot townhome with three bedrooms and two bathrooms; Renovation updates include luxury vinyl flooring and new kitchen appliances; Roof replacement is planned
