Residential Income Property with
For Sale
$455,000
14801 E Poundstone Dr, Aurora, CO 80015
Corner-unit paired home with open living areas, a fenced yard, and community pool access in Pioneer Hills.
Property Size1,500 SF
Days on Market230
Property Features for 14801 E Poundstone Dr
General Information
Standard status
Active
Size
1,500 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,768
Amenities
covered front porch
in-ceiling surround sound
fenced backyard
garden area
community pool
playground
green spaces
Building Details
Building Size
1,500 SF
Year Built
2017
Buildings
1
Listing Agency:
Berkshire Hathaway HomeServices Colorado Real Estate, LLC
Listed By:
Holly Hall
(720) 979-3022
Source:
Corken
Added: Jan 15
Changed: Aug 30
Last Checked: Sep 1 at 11:43PM
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 Berkshire Hathaway HomeServices Colorado Real Estate, LLC
Investment Insights
Based on property information with market context.
This 2017 corner-unit paired home in Aurora offers 3 bedrooms, 3 bathrooms, and 1,500 finished square feet, along with an unfinished basement providing storage, crawlspace access, and room for future expansion. The open main level includes 9-foot ceilings, wood flooring, south- and southeast-facing windows, a kitchen with granite counters, subway tile backsplash, stainless steel appliances, and an office nook. A laundry room and mud area connect to the private two-car attached garage. Upstairs, a converted loft functions as a third bedroom, while the vaulted primary suite includes surround sound, a private bathroom, marble tile flooring, and a tiled shower.
Outdoor features include a covered front porch, landscaped green space along three sides, and a fenced backyard with grass and a garden area. The HOA maintains landscaping and exterior elements and provides access to a community pool, playground, and shared green spaces. A southwest-facing driveway receives sun exposure that supports snow and ice melt.
Outdoor features include a covered front porch, landscaped green space along three sides, and a fenced backyard with grass and a garden area. The HOA maintains landscaping and exterior elements and provides access to a community pool, playground, and shared green spaces. A southwest-facing driveway receives sun exposure that supports snow and ice melt.
Key Highlights
- 2017‑built paired home with 3 bedrooms, 3 bathrooms, and 1,500 finished SF
- Unfinished basement includes storage, crawlspace access, and future expansion potential
- Private two‑car attached garage connected to the laundry and mud area
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
$18,207
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
4.00%
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%
$364,140
$364.1K
Cap Rate 7%
$260,100
$260.1K
Cap Rate 9%
$202,300
$202.3K
Market Conditions
NOI Build-Up for 1,500 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
$34.9K $23.28/SF
− Vacancy
−$1.8K −$1.21/SF
EGI
$33.1K $22.07/SF
− OpEx
−$14.9K −$9.93/SF
NOI
$18.2K $12.14/SF
Area
ZIP 80015
Vacancy
5.20%
Lease Rate
$23.28 /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%
$364,140
Cap Rate 7%
$260,100
Cap Rate 9%
$202,300
Alternative Uses
Best Use
Apartment 5plus
$260.1K
$227.6K – $303.5K
NOI $18,207 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$506.9K
$443.5K – $591.4K
NOI $35,482 @ 7.0% cap · market cap 7.80%
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
426
Businesses Nearby
Explore this area
Business Placement
Demographics for 80015, CO
71,466
Population
25,482
Households
2.8
Avg Household Size
37
Median Age
49%
College-Educated
94%
High-School Grad
16.3 sq mi
ZIP Area
4,384
Density / Sq Mi
$121,640
Median Household Income
$57,827
Median Earnings
$2,190
Median Rent
$558,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Corner-unit paired home with open living areas, a fenced yard, and community pool access in Pioneer Hills.
Where is this residential income property located?
The property is located at 14801 E Poundstone Dr Aurora, CO.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 2017‑built paired home with 3 bedrooms, 3 bathrooms, and 1,500 finished SF; Unfinished basement includes storage, crawlspace access, and future expansion potential; Private two‑car attached garage connected to the laundry and mud area
