Duplex with Attached
For Sale
$639,900
1048 NE Regan Hill Loop, Estacada, OR 97023
Modern two-part layout offers separate living areas, kitchens, laundry, and fenced outdoor spaces.
Property Size2,680 SF
Price / SF$238.77
Days on Market30
Property Features for 1048 NE Regan Hill Loop
General Information
Standard status
Active
Size
2,680 SF
Property subtype
Multi-Family
Building Details
Year Built
2021
Listing Agency:
Premiere Property Group, LLC
(503) 984-9887
Listed By:
Jason Preuit · License #200408054
Source:
Wyndeekono
Added: Aug 1
Changed: Aug 29
Last Checked: Aug 25 at 6:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premiere Property Group, LLC
Investment Insights
Based on property information with market context.
Built in 2021, this duplex includes a primary residence and a fully attached accessory dwelling unit with separate access. The main home provides four bedrooms and two-and-a-half bathrooms. The ADU adds two bedrooms, one bathroom, a full kitchen, living space, a dedicated laundry room, and a one-car garage. Both living areas feature laminate flooring, quartz countertops, and stainless steel appliances. A rear deck and fenced areas create distinct outdoor spaces for the two residences.
The property is located at 1048 NE Regan Hill Loop in Estacada, Oregon. Its configuration accommodates multigenerational living, private guest space, or separate residential use within one connected property. The combined layout includes six bedrooms, two kitchens, multiple living areas, and separate laundry facilities.
The property is located at 1048 NE Regan Hill Loop in Estacada, Oregon. Its configuration accommodates multigenerational living, private guest space, or separate residential use within one connected property. The combined layout includes six bedrooms, two kitchens, multiple living areas, and separate laundry facilities.
Key Highlights
- Fully attached ADU with private entrance
- Main residence includes 4 bedrooms and 2.5 baths
- ADU features 2 bedrooms, 1 bath, full kitchen, living space, and dedicated laundry
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
$34,411
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
5.38%
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%
$688,220
$688.2K
Cap Rate 7%
$491,586
$491.6K
Cap Rate 9%
$382,344
$382.3K
Market Conditions
NOI Build-Up for 2,680 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
$65.9K $24.60/SF
− Vacancy
−$3.4K −$1.25/SF
EGI
$62.6K $23.35/SF
− OpEx
−$28.2K −$10.51/SF
NOI
$34.4K $12.84/SF
Area
Clackamas County, OR
Vacancy
5.10%
Lease Rate
$24.60 /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%
$688,220
Cap Rate 7%
$491,586
Cap Rate 9%
$382,344
Alternative Uses
Best Use
Apartment 5plus
$491.6K
$430.1K – $573.5K
NOI $34,411 @ 7.0% cap · market cap 5.38%
Second Best
Multifamily LT 5
$480.9K
$420.8K – $561.1K
NOI $33,664 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$723.4K
$633.0K – $844.0K
NOI $50,638 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
Demographics for 97023, OR
11,676
Population
4,718
Households
2.5
Avg Household Size
42
Median Age
16%
College-Educated
93%
High-School Grad
196.5 sq mi
ZIP Area
59
Density / Sq Mi
$74,701
Median Household Income
$38,563
Median Earnings
$1,079
Median Rent
$530,800
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 - Modern two-part layout offers separate living areas, kitchens, laundry, and fenced outdoor spaces.
Where is this duplex located?
The property is located at 1048 NE Regan Hill Loop Estacada, OR.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Fully attached ADU with private entrance; Main residence includes 4 bedrooms and 2.5 baths; ADU features 2 bedrooms, 1 bath, full kitchen, living space, and dedicated laundry
