New Construction Duplex with
For Sale
Under Contract
$465,800
4771 Degas Dr, Loveland, CO 80538
CONDOS - Loveland, CO
Property Size2,244 SF
Lot Size0.08 Acres
Price / SF$207.58
Days on Market168
Property Features for 4771 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
Bedroom 1, Bathroom 3, Dining Room, Laundry Room, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1, Basement, Laundry Room
Parking features
Open
Patio and Porch features
Patio
Pets allowed
Cats OK, Dogs OK
Interior features
Eat-in Kitchen, Open Floorplan, Pantry, Walk-In Closet(s), Washer/Dryer Hookup, Kitchen Island
Fencing
Fenced
Basement
Sump Pump, Unfinished, Full
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
R1683002
Size
2,244 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
HOA Fee
$89 Monthly
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Amenities
AC
smart thermostat
tankless water heater
9ft walls
painted doors & trim
glass shower surround
active radon system
back patio
front yard landscape
back yard fence
Class 4 roof
upper floor laundry
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
(970) 226-3990
Listed By:
Dennis Schick · License #40040924
(970) 567-3942
Added: Feb 27
Changed: Aug 12
Last Checked: Aug 14 at 10:06AM
MLS# 1052581
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.
New construction duplex planned with a full basement and an open two-story layout. The plan includes 3 bedrooms and 2.5 bathrooms, a kitchen with an island and walk-in pantry, and a 1-car garage with an opener. Interior highlights include an eat-in kitchen, open floorplan, and washer/dryer hookup, with upper-floor laundry. Comfort features include forced-air heating, central air conditioning, and a tankless water heater. The home also has an active radon system and a smart-phone compatible thermostat.
Outside, the property includes a patio, a fenced yard, and front and back landscaping elements. HOA maintains front yard landscape. Additional construction details include a Class 4 roof and painted doors and trim, with a glass shower surround in the master.
Located at 4771 Degas Dr in Loveland, CO (80538) on a 0.08-acre lot with 2,244 square feet of property size, under construction with a June 2026 move-in timeline.
Outside, the property includes a patio, a fenced yard, and front and back landscaping elements. HOA maintains front yard landscape. Additional construction details include a Class 4 roof and painted doors and trim, with a glass shower surround in the master.
Located at 4771 Degas Dr in Loveland, CO (80538) on a 0.08-acre lot with 2,244 square feet of property size, under construction with a June 2026 move-in timeline.
Key Highlights
- Duplex planned for June 2026 move‑in, under construction
- Full basement with open two‑story layout, 3 bedrooms and 2.5 bathrooms
- Kitchen with island plus walk‑in pantry and stainless steel appliances
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
4.96%
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
NOI $23,097 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$305.1K
$267.0K – $356.0K
NOI $21,357 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$602.3K
$527.0K – $702.7K
NOI $42,163 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
122
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - New construction duplex with full basement, open two-story layout, and central HVAC, featuring a patio and fenced yard.
Where is this duplex located?
The property is located at 4771 Degas Dr Loveland, CO.
What is the asking price?
The asking price for this property is $465,800.
What are key features of this property?
This property features: Duplex planned for June 2026 move‑in, under construction; Full basement with open two‑story layout, 3 bedrooms and 2.5 bathrooms; Kitchen with island plus walk‑in pantry and stainless steel appliances
