442 SW Brummel Rd Lee's Summit, MO 64081
Longview NeighborhoodEstimated payment $2,786/month
Highlights
- Community Pool
- 2 Car Attached Garage
- Lap Siding
- Longview Farm Elementary School Rated A
- Central Air
About This Home
Turnkey investment opportunity in the highly desirable Village at New Longview. This property is fully leased and currently generating $2,620 per month ($31,440 annually) in rental income, providing immediate cash flow from day one. Priced at $415,000, the property offers an estimated ~5.8% cap rate based on projected expenses. The HOA covers exterior maintenance, roof, exterior paint, and building insurance, significantly reducing owner responsibility and minimizing exposure to major capital expenditures. Located in one of Lee’s Summit’s premier low-maintenance communities with strong rental demand, this property presents an excellent opportunity for investors seeking stabilized income, limited exterior obligations, and long-term appreciation potential. With a tenant already in place and predictable operating costs, this is a clean, straightforward addition to any investment portfolio.
Listing Agent
Keller Williams Realty Partners Inc. Brokerage Phone: 816-309-1767 License #2006038418 Listed on: 02/15/2024
Townhouse Details
Home Type
- Townhome
Lot Details
- 1,832 Sq Ft Lot
HOA Fees
- $240 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Inside Entrance
- Rear-Facing Garage
Home Design
- Composition Roof
- Lap Siding
Interior Spaces
- 1,479 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Stubbed For A Bathroom
Schools
- Longview Farms Elementary School
- Lee's Summit West High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- $0 special tax assessment
Community Details
Overview
- Association fees include building maint, curbside recycling, lawn service, free maintenance, parking, insurance, roof repair, roof replacement, snow removal, trash
- Village At New Longview Subdivision
Recreation
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2026 01/13/26 | Price Changed | $415,000 | -7.8% | $281 / Sq Ft |
| 11/01/2024 11/01/24 | Price Changed | $450,000 | -2.2% | $304 / Sq Ft |
| 09/26/2024 09/26/24 | For Sale | $460,000 | 0.0% | $311 / Sq Ft |
| 09/25/2024 09/25/24 | Off Market | -- | -- | -- |
| 02/15/2024 02/15/24 | For Sale | $460,000 | -- | $311 / Sq Ft |
Source: Heartland MLS
MLS Number: 2472973
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS Grid. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393
Based on information submitted to the MLS GRID.
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Ask me questions while you tour the home.