Custom Estate Home with Drive-Through
For Sale
$1,319,999
1973 Seadrift Dr, Windsor, CO 80550
MULTI_FAMILY - Windsor, CO
Property Size6,326 SF
Lot Size0.22 Acres
Price / SF$208.66
Days on Market58
Property Features for 1973 Seadrift Dr
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 4, Bathroom 5, Bathroom 6, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 7, Bathroom 3, Dining Room, Bedroom 2, Bedroom 6, Bathroom 2, Basement, Bedroom 5
Window features
Window Coverings
Patio and Porch features
Patio
Interior features
Eat-in Kitchen, Separate Dining Room, Cathedral Ceiling(s), Open Floorplan, Pantry, Walk-In Closet(s), Sauna, Wet Bar, Jack & Jill Bathroom, Two Primary Suites, 6-Panel Doors, High Ceilings
Exterior features
Sprinkler System, Drive Through Garage
Fireplace
1
Basement
Sump Pump, Full, Partially Finished
Appliances
Electric Range, Gas Range, Self Cleaning Oven, Double Oven, Dishwasher, Refrigerator, Microwave, Trash Compactor, Disposal, Fire Alarm
Subdivision
Water Valley South
Lot features
Golf Course Neighborhood, Paved
Elementary school
Mountain View
Middle school
Windsor
High school
Windsor
Elementary school district
Weld RE-4
Middle school district
Weld RE-4
High school district
Weld RE-4
Standard status
Active
APN
R3028304
Size
6,326 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
9066
HOA Fee
$140 Annually
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Amenities
golf community
lakes
private home theater
wine room
recreation space
additional kitchen
whole-home surround sound system
in-ground sprinkler system
Building Details
Year built
2011
Floors in Building
2
Building materials
Stone, Concrete
Roof type
Composition
Listing Agency:
Realty One Group Fourpoints CO
(970) 573-5880
Listed By:
Alexandra Enriquez
(970) 815-9395
Added: Jun 17
Changed: Aug 3
Last Checked: Aug 13 at 8:06AM
MLS# 1062112
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This custom estate home includes 7 bedrooms and 6 bathrooms, with three private primary suites on separate levels. The layout supports both entertaining and everyday living, highlighted by a gourmet chef’s kitchen and a second full kitchen on the lower level. The professionally finished basement offers a private home theater, wine room, recreation space, and additional kitchen. The primary suite includes a private workout area and a spa-inspired bathroom with a sauna, oversized Jacuzzi soaking tub, and luxurious rain shower. Additional features include a whole-home surround sound system with individual controls for each level’s open living areas, an oversized 3½-car garage, hot and cold-water service, and a professionally installed in-ground sprinkler system.
The property is located in the Water Valley subdivision in Windsor, Colorado. The surrounding community includes sounding lakes such as Eagles Lake, with opportunities for outdoor recreation noted in the remarks.
The home is presented for sale at 1973 Seadrift Dr and sits on a 0.22-acre lot.
The property is located in the Water Valley subdivision in Windsor, Colorado. The surrounding community includes sounding lakes such as Eagles Lake, with opportunities for outdoor recreation noted in the remarks.
The home is presented for sale at 1973 Seadrift Dr and sits on a 0.22-acre lot.
Key Highlights
- Custom home built in 2011 with 7 bedrooms and 6,200+ sq ft across multiple levels
- Three private primary suites on separate levels, including a primary suite with sauna and oversized Jacuzzi soaking tub
- Two full kitchens, including a lower‑level kitchen, plus wet bar and pantry
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$66,861
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,337,220
$1.3M
Cap Rate 7%
$955,157
$955.2K
Cap Rate 9%
$742,900
$742.9K
Market Conditions
NOI Build-Up for 6,326 SF
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.
Gross rent
$129.1K $20.40/SF
− Vacancy
−$7.5K −$1.18/SF
EGI
$121.6K $19.22/SF
− OpEx
−$54.7K −$8.65/SF
NOI
$66.9K $10.57/SF
Area
Weld County, CO
Vacancy
5.80%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,337,220
Cap Rate 7%
$955,157
Cap Rate 9%
$742,900
Alternative Uses
Best Use
Apartment 5plus
$955.2K
$835.8K – $1.11M
NOI $66,861 @ 7.0% cap · market cap 5.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$1.15M
$1.01M – $1.35M
NOI $80,704 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Explore this area
Business Placement
Demographics for 80550, CO
38,909
Population
17,140
Households
2.3
Avg Household Size
36
Median Age
51%
College-Educated
98%
High-School Grad
52.4 sq mi
ZIP Area
743
Density / Sq Mi
$121,487
Median Household Income
$60,940
Median Earnings
$1,791
Median Rent
$538,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Custom estate home featuring three primary suites, plus an oversized 3½-car garage with backyard drive-through access.
Where is this single family property located?
The property is located at 1973 Seadrift Dr Windsor, CO.
What is the asking price?
The asking price for this property is $1,319,999.
What are key features of this property?
This property features: Custom home built in 2011 with 7 bedrooms and 6,200+ sq ft across multiple levels; Three private primary suites on separate levels, including a primary suite with sauna and oversized Jacuzzi soaking tub; Two full kitchens, including a lower‑level kitchen, plus wet bar and pantry
