Contemporary Duplex with EV
For Sale
$479,900
12673 Boggs St, Parker, CO 80134
Newer duplex with modern finishes, attached garage, and access to community recreation amenities.
Property Size1,386 SF
Days on Market61
Property Features for 12673 Boggs St
General Information
Standard status
Active
Size
1,386 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,265
Amenities
electric fireplace
stainless steel appliances
soft-close cabinetry
solid-surface countertops
center island
walk-in closet
oversized walk-in shower
upstairs laundry room
main-level powder room
smart home pre-wiring
security system
EV charger
overhead garage storage
covered front porch
finished landscaping
clubhouse
community pool
parks
playgrounds
walking and biking trails
Building Details
Building Size
1,386 SF
Year Built
2023
Buildings
1
Listing Agency:
Your Castle Realty LLC
(713) 822-5520
Listed By:
Moses Kirubi
(713) 822-5520
Source:
Corken
Added: Jul 2
Changed: Aug 30
Last Checked: Aug 30 at 10:36PM
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 Your Castle Realty LLC
Investment Insights
Based on property information with market context.
Built in 2023, this contemporary duplex combines an open interior layout with practical features for everyday living. The main level includes 9-foot ceilings, luxury laminate flooring, a great room with an electric fireplace, a modern kitchen with stainless steel appliances, soft-close cabinets, solid-surface countertops, and a center island. A dining area, powder room, and natural-light-filled living spaces complete the lower level.
The upper floor contains a primary suite with a walk-in closet and oversized walk-in shower, two additional bedrooms, a full bathroom, and a laundry room. Additional improvements include smart-home pre-wiring, a security system, an attached two-car garage with a Tesla / EV charger, overhead storage, a covered front porch, and finished landscaping. The property is located in Parker, Colorado, within a master-planned community offering a clubhouse, pool, parks, playgrounds, walking and biking trails, and access to highly rated schools.
The upper floor contains a primary suite with a walk-in closet and oversized walk-in shower, two additional bedrooms, a full bathroom, and a laundry room. Additional improvements include smart-home pre-wiring, a security system, an attached two-car garage with a Tesla / EV charger, overhead storage, a covered front porch, and finished landscaping. The property is located in Parker, Colorado, within a master-planned community offering a clubhouse, pool, parks, playgrounds, walking and biking trails, and access to highly rated schools.
Key Highlights
- 2023‑built contemporary duplex
- 9‑foot ceilings and luxury laminate flooring on the main level
- Kitchen with stainless steel appliances, soft‑close cabinetry, solid‑surface counters, and center island
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
$22,848
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
4.76%
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%
$456,960
$457.0K
Cap Rate 7%
$326,400
$326.4K
Cap Rate 9%
$253,867
$253.9K
Market Conditions
NOI Build-Up for 1,386 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
$34.1K $24.60/SF
− Vacancy
−$1.5K −$1.05/SF
EGI
$32.6K $23.55/SF
− OpEx
−$9.8K −$7.06/SF
NOI
$22.8K $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%
$456,960
Cap Rate 7%
$326,400
Cap Rate 9%
$253,867
Alternative Uses
Best Use
Multifamily LT 5
$326.4K
$285.6K – $380.8K
NOI $22,848 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$300.8K
$263.2K – $350.9K
NOI $21,054 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$476.1K
$416.6K – $555.4K
NOI $33,325 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 80134, CO
76,369
Population
28,663
Households
2.7
Avg Household Size
37
Median Age
59%
College-Educated
98%
High-School Grad
57.3 sq mi
ZIP Area
1,333
Density / Sq Mi
$142,162
Median Household Income
$66,327
Median Earnings
$2,027
Median Rent
$643,200
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 - Newer duplex with modern finishes, attached garage, and access to community recreation amenities.
Where is this duplex located?
The property is located at 12673 Boggs St Parker, CO.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: 2023‑built contemporary duplex; 9‑foot ceilings and luxury laminate flooring on the main level; Kitchen with stainless steel appliances, soft‑close cabinetry, solid‑surface counters, and center island
