Renovated Home in Golf
8531 Vassar Avenue Raytown, MO 64138
8531 Vassar Avenue, Raytown, MO, 64138
$227,500
For Sale
$227,500
Updated Raytown home with modern amenities and convenient location.
Property Size1,847 SF
Price / SF$123.17
Days on Market326
Property Features for 8531 Vassar Avenue
General Information
- Standard status
- Active
- Size
- 1,847 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2002
Listing Agency
Keller Williams Platinum Prtnr
(816) 529-4949
Listed by
Michael Hern · License #2001025691
(816) 529-4949
Source
Kw
Added: Aug 25, 2025 Checked: Jul 16 at 7:29 am
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 Keller Williams Platinum Prtnr
Investment Insights
Based on property information with market context.
This renovated home is located in the Golf View Villas neighborhood of Raytown, known for its peaceful streets and convenient location near schools, shopping, and major highways. The property features fresh finishes throughout. The open-concept main level includes a living area with a fireplace, and the kitchen is equipped with upgraded cabinetry, stainless steel appliances, and a breakfast bar. The home includes 4 bedrooms, 3 full baths, and a finished walk-out basement. Outside, there is a private fenced yard and an attached two-car garage. The property has a size of 1847 square feet.
Key Highlights
- Completely renovated and updated interior with fresh finishes.
- Enjoy the open‑concept main level with UPGRADED KITCHEN featuring stainless steel appliances and breakfast bar.
- Four bedrooms and three full baths provide ample space and comfort.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.4k | $15.36 |
| − Vacancy | −$2.0k | −$1.09 |
| EGI | $26.3k | $14.27 |
| − OpEx | −$7.9k | −$4.28 |
| NOI | $18.4k | $9.99 |
1,847 SF · lease $15.36/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$263.5K
$230.6K – $307.4K
NOI $18,445 @ 7.0% cap · market cap 8.11%
Second Best
Apartment 5plus
$243.2K
$212.8K – $283.8K
NOI $17,027 @ 7.0% cap · market cap 7.48%
Theoretical Best
Warehouse
$485.8K
$425.1K – $566.7K
NOI $34,004 @ 7.0% cap · market cap 14.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated Raytown home with modern amenities and convenient location.
Where is this duplex located?
The property is located at 8531 Vassar Avenue Raytown, MO.
What is the asking price?
The asking price for this property is $227,500.
What are key features of this property?
This property features: Completely renovated and updated interior with fresh finishes.; Enjoy the open‑concept main level with UPGRADED KITCHEN featuring stainless steel appliances and breakfast bar.; Four bedrooms and three full baths provide ample space and comfort.
