For SaleRisky Deal64 days on market
16255 NW 123rd St
16255 NW 123rd St, Platte City, MO 64079, Platte City, MO 64079
$585,000
Listing Price
16255 NW 123rd St, Platte City, MO 64079
Loc: Platte City, MO
Days Listed
64
Tax Assessed
$522k
Lot Size
0.29 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
2.8 mi away
7
Platte City Middle School
6-8
2.6 mi away
6
Platte County High School
9-12
2.9 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
Single Family Residence2022Forced AirElectric3 Garage spaces$220 annually0.29 Acres65 Days$212
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.18%
Total ROI
93.1%
Cash Flow
$-24/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-24/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • 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 |
|---|---|---|---|
| 2026-08-01 | Price change | $585,000 | $212 |
| 2026-07-21 | Listed for sale | $600,000 | $218 |
| 2023-09-29 | Sold | $0 | – |
| 2023-09-01 | Pending sale | $559,900 | $203 |
| 2023-07-21 | Listed for sale | $559,900 | $203 |
| 2023-05-30 | Listing removed | $0 | – |
| 2023-04-29 | Price change | $499,950 | $181 |
| 2023-02-10 | Price change | $524,900 | $190 |
| 2022-11-04 | Price change | $539,900 | $196 |
| 2022-05-31 | Listed for sale | $526,500 | $191 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,434.83 | $99,095 |
| 2024 | $6,863.03 | $99,095 |
| 2023 | $394.43 | $5,930 |
| 2022 | $0.32 | $5 |
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