Finished-Basement
For Sale
$585,000
11896 Barrentine Loop, Parker, CO 80138
HOA-covered exterior services support a low-maintenance ownership experience with flexible finished living space.
Property Size2,772 SF
Days on Market86
Property Features for 11896 Barrentine Loop
General Information
Standard status
Active
Size
2,772 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$6,316
Building Details
Building Size
2,772 SF
Year Built
2018
Listing Agency:
MB Bellissimo Homes
Listed By:
Marieke Kittelson
(720) 291-0388
Source:
Corken
Added: Jun 9
Changed: Aug 30
Last Checked: Sep 2 at 2:16AM
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 MB Bellissimo Homes
Investment Insights
Based on property information with market context.
This 2018 duplex in Lincoln Creek Village features an open main-level design with wood flooring, high ceilings, and abundant natural light. The kitchen includes quartz countertops, stainless steel appliances, subway tile backsplash, a large island, and a walk-in pantry. The primary suite has a walk-in closet and an ensuite bath with dual-sink vanities, quartz surfaces, tile flooring, and a walk-in shower. A second bedroom, full bath, laundry room, and office complete the main floor.
The finished basement adds a second living area, bedroom, full bath, and storage. Outdoor space includes a small patio, while the oversized attached two-car garage provides parking and utility. HOA services include mowing, snow removal, trash, and recycling. The property is near Downtown Parker, restaurants, shopping, trails, and parks.
The finished basement adds a second living area, bedroom, full bath, and storage. Outdoor space includes a small patio, while the oversized attached two-car garage provides parking and utility. HOA services include mowing, snow removal, trash, and recycling. The property is near Downtown Parker, restaurants, shopping, trails, and parks.
Key Highlights
- 2018 construction in Lincoln Creek Village
- Finished basement with living area, bedroom, full bath, and storage
- Kitchen with quartz countertops, stainless steel appliances, island, and walk‑in pantry
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
$45,696
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
7.81%
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%
$913,920
$913.9K
Cap Rate 7%
$652,800
$652.8K
Cap Rate 9%
$507,733
$507.7K
Market Conditions
NOI Build-Up for 2,772 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
$68.2K $24.60/SF
− Vacancy
−$2.9K −$1.05/SF
EGI
$65.3K $23.55/SF
− OpEx
−$19.6K −$7.06/SF
NOI
$45.7K $16.48/SF
Area
Douglas County, CO
Vacancy
4.27%
Lease Rate
$24.60 /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%
$913,920
Cap Rate 7%
$652,800
Cap Rate 9%
$507,733
Alternative Uses
Best Use
Multifamily LT 5
$652.8K
$571.2K – $761.6K
NOI $45,696 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$601.5K
$526.3K – $701.8K
NOI $42,107 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$952.1K
$833.1K – $1.11M
NOI $66,649 @ 7.0% cap · market cap 11.39%
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
131
Businesses Nearby
Explore this area
Business Placement
Demographics for 80138, CO
34,337
Population
12,752
Households
2.7
Avg Household Size
41
Median Age
49%
College-Educated
95%
High-School Grad
61.9 sq mi
ZIP Area
555
Density / Sq Mi
$142,397
Median Household Income
$60,990
Median Earnings
$1,919
Median Rent
$679,800
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 - HOA-covered exterior services support a low-maintenance ownership experience with flexible finished living space.
Where is this duplex located?
The property is located at 11896 Barrentine Loop Parker, CO.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 2018 construction in Lincoln Creek Village; Finished basement with living area, bedroom, full bath, and storage; Kitchen with quartz countertops, stainless steel appliances, island, and walk‑in pantry
