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Duplex Home with Oversized Garage
For Sale
Under Contract
$471,009

4763 Degas Dr, Loveland, CO 80538

CONDOS - Loveland, CO

Property Size2,244 SF
Lot Size0.08 Acres
Price / SF$209.90
Days on Market100

Property Features for 4763 Degas Dr

General Information

Property type Residential
Property subtype Duplex
Property condition Under Construction
Zoning Res
Bedrooms 3
Bathrooms 3
Full bathrooms 1
Half bathrooms 1
Rooms Laundry Room, Laundry Room, Basement, Bedroom 3, Bedroom 1, Bathroom 3, Dining Room, Bathroom 1, Bedroom 2, Bathroom 2
Parking features Open
Patio and Porch features Patio
Pets allowed Dogs OK, Cats OK
Interior features Eat-in Kitchen, Open Floorplan, Pantry, Walk-In Closet(s), Washer/Dryer Hookup, Kitchen Island
Exterior features Oversized Garage
Fencing Fenced
Basement Full, Unfinished
Appliances Electric Range, Dishwasher, Microwave, 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 Under Contract
APN R1683003
Size 2,244 SF
Lot size 0.08 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

Amenities

full basement
open layout
kitchen island
walk-in pantry
stainless steel appliances
upper floor laundry
air conditioning
smart thermostat
tankless water heater
9ft ceilings on main
glass shower surround
active radon system
back patio
front yard landscape
back yard fence
Class 4 roof
luxury vinyl plank flooring
two-tone kitchen cabinets
upgraded carpet pad
primary shower tile
sink upgrades

Building Details

Year built 2026
Floors in Building 2
Building materials Frame, Stone
Roof type Composition
Listing Agency: RE/MAX Alliance-FTC South · RE/MAX International
Listed By: Dennis Schick · License #40040924
Added: May 7 Changed: Aug 12 Last Checked: Aug 14 at 10:06AM
MLS# 1058467

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.

Duplex-style residence with an open two-story layout featuring three bedrooms and two-and-a-half bathrooms, plus a basement. The kitchen includes a kitchen island, walk-in pantry, and a suite of stainless-steel appliances, and the home offers an eat-in kitchen and walk-in closet(s). Other interior details include upper-floor laundry, washer/dryer hookup, and a radon system.

Construction is framed with stone materials and planned for a composition roof. The main level includes 9-ft walls, painted doors and trim, and a glass shower surround in the primary suite. Exterior features include a patio, fenced yard, and back yard fencing, and the front yard landscaping is maintained by the HOA. The oversize one-car garage is equipped with an opener.

Utilities include cable available, with public sewer. The property is set on a 0.08-acre lot and has a total size of 2,244 square feet, with a planned 2026 year built.

Key Highlights

  • 0.08‑acre lot and 2,244 SF duplex‑style residence
  • Three bedrooms with open floorplan plus basement
  • Forced air heating with central air and tankless water heater

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
$23,097
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
4.90%
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%
$461,940 $461.9K
Cap Rate 7%
$329,957 $330.0K
Cap Rate 9%
$256,633 $256.6K
Market Conditions
NOI Build-Up for 2,244 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
$34.5K $15.36/SF
− Vacancy
−$1.5K −$0.66/SF
EGI
$33.0K $14.70/SF
− OpEx
−$9.9K −$4.41/SF
NOI
$23.1K $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%
$461,940
Cap Rate 7%
$329,957
Cap Rate 9%
$256,633

Alternative Uses

Best Use
Multifamily LT 5
$330.0K
$288.7K – $385.0K (±1% cap)
NOI $23,097 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$305.1K
$267.0K – $356.0K (±1% cap)
NOI $21,357 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$602.3K
$527.0K – $702.7K (±1% cap)
NOI $42,163 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Electrical Service HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex-style residence with forced-air heating, central air, tankless water heater, and an oversized one-car garage.
Where is this duplex located?
The property is located at 4763 Degas Dr Loveland, CO.
What is the asking price?
The asking price for this property is $471,009.
What are key features of this property?
This property features: 0.08‑acre lot and 2,244 SF duplex‑style residence; Three bedrooms with open floorplan plus basement; Forced air heating with central air and tankless water heater
More about this property
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