1283 Summergate Pkwy # 1B

Saint Peters, MO 63303
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3 bd, 3 ba | 1,778 sqft | Built in 2001

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List Price
$290,000

Initial Investment

$79,025

Purchase Price

$290,000

Down Payment

25%

Rent

$2,230

Total Return

$109,075

Annualized Return

18.8%

Cap Rate

5.4%

Gross Yield

9.2%

Cash Flow

-$1,083

Appreciation

6.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

1,715

HOA

$182/mo

Flood Risk

Not Required

FRESHLY Renovated 3 Bed, 3 Full Bath Attached Villa in Francis Howell Schools!! Easy Low-Maintenance living is waiting for you! From the moment you walk in you'll love the NEW luxury vinyl plank flooring spanning from the Family Room to the roomy kitchen and dining area. FRESH neutral paint throughout with elegant high vaulted ceilings. Beautiful Kitchen! NEW CUSTOM soft close cabinets and GRANITE, NEW Stainless Steel Appliances, main floor laundry, master suite and walk-in closet. All 3 baths are NEWLY updated. NEW lighting. NEW carpet. Enjoy coffee on your private, covered deck. The lower level is surprisingly large and includes Rec/Family room with great windows for natural light, 3rd Bedroom with Egress, 3rd full bath & large storage room. This home is close to schools, shopping, recreation and more. HOA fees are $182/ month which includes: lawn care, trash service, snow removal, some insurance. No Rentals allowed. Agent Owned. Schedule your viewing today!

See more in Analysis
Greg Abel
Avenue Real Estate Group
MO Agent License #2010034185

Annual Financial Highlights

Expected Rent

$25,422

Expenses

-$7,919

Property Taxes

-$2,820

Loan Payments

-$15,766

Net Cash Flow

-$1,083

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Sandra Holtmeyer
Agent License 2017011611
Worth Clark Realty
Certified Agent Brokerage:Greg Abel
Avenue Real Estate Group
MO Brokerage License 2007009265
SourceMid America Regional Information Systems (MARIS).
MLS #24015904
Last Updated: 03/28/2024 06:03
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