Duplex With Finished Basement
For Sale
$589,320
4752 Degas Dr, Loveland, CO 80538
Residential Income, Loveland, CO
Property Size2,963 SF
Lot Size0.12 Acres
Price / SF$198.89
Days on Market104
Property Features for 4752 Degas Dr
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Property condition
Under Construction
Zoning
res
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 1, Basement, Bedroom 1, Bathroom 2
Parking
2
Parking features
Open
Patio and Porch features
Deck, Patio
Interior features
Eat-in Kitchen, Open Floorplan
Basement
Daylight, Partially Finished, Full
Appliances
Electric Range, Dishwasher, Microwave, All Appliances, Disposal, Fire Alarm
Subdivision
Wilson Commons
Lot features
Paved, Curbs, Gutters, Sidewalks
Elementary school
Ponderosa
Middle school
Erwin, Lucile
High school
Loveland
Elementary school district
Thompson R2-J
Middle school district
Thompson R2-J
High school district
Thompson R2-J
Standard status
Active
APN
R1682973
Size
2,963 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
HOA Fee
$89 Monthly
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
1
Number of units
2
Building materials
Frame, Stone
Roof type
Composition
Listing Agency:
RE/MAX Alliance-FTC South · RE/MAX International
(970) 226-3990
Listed By:
Dennis Schick · License #40040924
(970) 567-3942
Added: May 14
Changed: Aug 25
Last Checked: Aug 25 at 12:06PM
MLS# 1059092
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 duplex is under construction with 2,963 square feet on a 0.12-acre lot. The primary residence includes two bedrooms, two bathrooms, an eat-in kitchen, open living arrangement, and an attached two-car garage. A finished basement ADU adds one bedroom, one bathroom, and substantial storage space, with its own entry, thermostat, furnace, air conditioning, electric meter, water heater, and mailbox.
Planned finishes and systems include LVP flooring, stainless steel appliances, solid-surface countertops, central air, forced-air heating, Energy Star windows, active radon mitigation, and a composition roof. The property is zoned res and is scheduled for completion in 2026. Public sewer and cable availability are identified for the site.
Planned finishes and systems include LVP flooring, stainless steel appliances, solid-surface countertops, central air, forced-air heating, Energy Star windows, active radon mitigation, and a composition roof. The property is zoned res and is scheduled for completion in 2026. Public sewer and cable availability are identified for the site.
Key Highlights
- 2,963 SF duplex on a 0.12‑acre lot
- Primary unit includes 2 bedrooms, 2 bathrooms, and an attached 2‑car garage
- Finished basement ADU offers 1 bedroom, 1 bathroom, and a large storage area
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
$30,498
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
5.18%
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%
$609,960
$610.0K
Cap Rate 7%
$435,686
$435.7K
Cap Rate 9%
$338,867
$338.9K
Market Conditions
NOI Build-Up for 2,963 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
$45.5K $15.36/SF
− Vacancy
−$1.9K −$0.66/SF
EGI
$43.6K $14.70/SF
− OpEx
−$13.1K −$4.41/SF
NOI
$30.5K $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%
$609,960
Cap Rate 7%
$435,686
Cap Rate 9%
$338,867
Alternative Uses
Best Use
Multifamily LT 5
$435.7K
$381.2K – $508.3K
NOI $30,498 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$402.9K
$352.5K – $470.0K
NOI $28,200 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$795.3K
$695.9K – $927.9K
NOI $55,672 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Explore this area
Business Placement
Demographics for 80538, CO
49,084
Population
21,923
Households
2.2
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
480
Density / Sq Mi
$85,057
Median Household Income
$49,074
Median Earnings
$1,730
Median Rent
$472,200
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 - Two attached living areas provide separate entrances and independent climate and utility systems.
Where is this duplex located?
The property is located at 4752 Degas Dr Loveland, CO.
What is the asking price?
The asking price for this property is $589,320.
What are key features of this property?
This property features: 2,963 SF duplex on a 0.12‑acre lot; Primary unit includes 2 bedrooms, 2 bathrooms, and an attached 2‑car garage; Finished basement ADU offers 1 bedroom, 1 bathroom, and a large storage area
