Duplex Patio Home with Finished
For Sale
Under Contract
$680,000
3719 Saguaro Dr, Loveland, CO 80537
CONDOS - Other - Loveland, CO
Property Size2,799 SF
Lot Size0.16 Acres
Price / SF$242.94
Days on Market60
Property Features for 3719 Saguaro Dr
General Information
Property type
Residential
Property subtype
Duplex
Zoning
P-98
Bedrooms
4
Bathrooms
3
Full bathrooms
1
Rooms
Bedroom 3, Basement, Bathroom 3, Bedroom 1, Dining Room, Laundry Room, Bedroom 4, Bathroom 2, Game Room, Laundry Room, Bedroom 2, Bathroom 1
Parking features
Open
Window features
Window Coverings
Patio and Porch features
Patio
Interior features
Eat-in Kitchen, Cathedral Ceiling(s), Open Floorplan, Pantry, Walk-In Closet(s), Washer/Dryer Hookup, High Ceilings
Exterior features
Sprinkler System, Oversized Garage
Fireplace
1
Basement
Partially Finished, Full
Appliances
Gas Range, Down Draft, Dishwasher, Refrigerator, Disposal
Subdivision
Dakota Glen 1st
Lot features
Paved, Curbs, Gutters, Sidewalks, Street Light
Elementary school
Namaqua
Middle school
Clark (Walt)
High school
Thompson Valley
Elementary school district
Thompson R2-J
Middle school district
Thompson R2-J
High school district
Thompson R2-J
Standard status
Active Under Contract
APN
R1647902
Size
2,799 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2863
HOA Fee
$800 Annually
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Building Details
Year built
2020
Floors in Building
1
Flooring type
Wood
Building materials
Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Glen Marketing
(970) 663-4522
Listed By:
Jeanice Prohs
(970) 663-4522
Added: Jun 15
Changed: Aug 1
Last Checked: Aug 13 at 1:06AM
MLS# 1061896
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.
A ranch-style patio home built in 2020 with a finished basement and a patio. The main level includes an open floor plan with vaulted ceilings and wood flooring, a kitchen with stainless steel appliances and a gas range, and a primary suite with a walk-in shower and double vanities. Plantation shutters cover the main-floor windows. Additional main-level space includes a guest bedroom and full bathroom.
The finished basement provides extra living area with a recreation room that includes a wet bar, plus two bedrooms and a full bathroom. A finished garage adds convenience, and the home includes central air, forced-air heating, a sprinkler system, and composition roofing. Public sewer and natural gas are available.
HOA responsibilities include landscaping maintenance and snow removal, and the property is noted as having no metro tax. The home is described as move-in ready.
The finished basement provides extra living area with a recreation room that includes a wet bar, plus two bedrooms and a full bathroom. A finished garage adds convenience, and the home includes central air, forced-air heating, a sprinkler system, and composition roofing. Public sewer and natural gas are available.
HOA responsibilities include landscaping maintenance and snow removal, and the property is noted as having no metro tax. The home is described as move-in ready.
Key Highlights
- Finished basement with recreation room and wet bar
- Zoned P‑98
- Built in 2020
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
$28,810
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
4.24%
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%
$576,200
$576.2K
Cap Rate 7%
$411,571
$411.6K
Cap Rate 9%
$320,111
$320.1K
Market Conditions
NOI Build-Up for 2,799 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
$43.0K $15.36/SF
− Vacancy
−$1.8K −$0.66/SF
EGI
$41.2K $14.70/SF
− OpEx
−$12.3K −$4.41/SF
NOI
$28.8K $10.29/SF
Area
Larimer County, CO
Vacancy
4.27%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
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%
$576,200
Cap Rate 7%
$411,571
Cap Rate 9%
$320,111
Alternative Uses
Best Use
Multifamily LT 5
$411.6K
$360.1K – $480.2K
NOI $28,810 @ 7.0% cap · market cap 4.24%
Second Best
Apartment 5plus
$380.6K
$333.0K – $444.0K
NOI $26,640 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$751.3K
$657.4K – $876.5K
NOI $52,591 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
Demographics for 80537, CO
43,603
Population
20,314
Households
2.1
Avg Household Size
44
Median Age
37%
College-Educated
95%
High-School Grad
122.4 sq mi
ZIP Area
356
Density / Sq Mi
$83,746
Median Household Income
$44,448
Median Earnings
$1,630
Median Rent
$460,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Zoned P-98 and built in 2020, this patio home includes a finished basement, patio, and HOA landscaping and snow removal.
Where is this duplex located?
The property is located at 3719 Saguaro Dr Loveland, CO.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Finished basement with recreation room and wet bar; Zoned P‑98; Built in 2020
