Off MarketNeutral Deal13 days on market
508 Wells Rd
508 Wells Rd, Platte City, MO 64079, Platte City, MO 64079
$280,000
Listing Price
508 Wells Rd, Platte City, MO 64079
Loc: Platte City, MO
Days Listed
13
Tax Assessed
$196k
Lot Size
0.50 acres
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Donald D. Siegrist Elementary School
PK-5
0.3 mi away
7
Platte City Middle School
6-8
0.5 mi away
6
Platte County High School
9-12
0.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
split-levelranch-stylebrick-and-sidingtwo-car-garageresidentialsuburbansloped-yardfront-stepsrailingtwo-story-entrytraditionalexterior-shuttersdriveway
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.28%
Total ROI
95.5%
Cash Flow
$14/mo
DSCR
1.01
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $14/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Platte City
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2019-07-15 | Sold | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,178.75 | $37,237 |
| 2024 | $2,955.65 | $37,237 |
| 2023 | $2,842.83 | $37,237 |
| 2022 | $2,508.81 | $32,521 |
| 2021 | $2,534.53 | $32,521 |
| 2020 | $1,958.92 | $24,749 |
| 2018 | $0 | $24,749 |
| 2017 | $1,956.43 | $24,749 |
| 2016 | $1,945.6 | $24,749 |
| 2015 | $1,945.04 | $24,749 |
| 2013 | $1,792.58 | $24,749 |
| 2012 | $0 | $24,749 |
| 2011 | $0 | $24,749 |
| 2010 | $0 | $24,749 |
| 2009 | $0 | $24,749 |
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