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2002 Crested Lark St, Fort Collins, CO, 80528
Paired Home with Covered Deck

2002 Crested Lark St Fort Collins, CO 80528

For Sale
$593,450

CONDOS - Contemporary - Fort Collins, CO

Property Size2,959 SF
Lot Size0.10 Acres
Price / SF$200.56
Days on Market93

Property Features for 2002 Crested Lark St

General Information

Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Zoning
RES
Bedrooms
3
Bathrooms
3
Rooms
Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Laundry Room, Bedroom 1, Basement, Dining Room, Laundry Room, Bathroom 3, Family Room
Patio and Porch features
Deck
Interior features
Open Floorplan, Pantry, Walk-In Closet(s), Washer/Dryer Hookup, Kitchen Island, Split Bedroom Plan
Basement
Unfinished
Appliances
Electric Range, Dishwasher, Refrigerator, Microwave, Disposal, Fire Alarm
Standard status
Active
APN
R1681130
Size
2,959 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
4012

Utilities

Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
2026
Floors in Building
2
Building materials
Frame
Roof type
Composition
Architectural style
Contemporary
Listing Agency: Kittle Real Estate
Listed By: Rob Kittle
Added: Apr 24 Changed: Jul 24 Last Checked: Jul 25 at 3:06AM
MLS# 1057406

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.

This paired home is planned for completion in September 2026 and is set on a corner lot. The layout includes 3 bedrooms and 3 baths, an open-concept main level with a great room, dining nook, and expansive kitchen featuring a large center island. A covered deck extends from the main level, and the upper level offers a private owner’s suite with an en-suite bath and walk-in closet, two additional bedrooms, a versatile loft, and upstairs laundry. The home also includes a full unfinished basement for future storage or customization.

Located in Timber Lark in southeast Fort Collins, residents have access to neighborhood open spaces and a playground. The HOA dues include common area maintenance, trash, recycling, and snow removal in common areas only, and Timber Lark is noted as not being in a Metro District.

Additional highlights include a 2-car tandem garage and a full basement, supporting both day-to-day function and future flexibility.

Key Highlights

  • Under construction 2026 paired home with estimated completion in September 2026
  • 3 bedrooms, 3 baths with an open floorplan, kitchen island, pantry, and split bedroom plan
  • Primary suite includes a walk‑in closet and spacious en‑suite bath

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $59.7k $20.16
− Vacancy −$3.1k −$1.05
EGI $56.6k $19.11
− OpEx −$17.0k −$5.73
NOI $39.6k $13.38
2,959 SF · lease $20.16/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$565.5K
$494.8K – $659.8K (±1% cap)
NOI $39,586 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$524.8K
$459.2K – $612.3K (±1% cap)
NOI $36,735 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$770.5K
$674.2K – $899.0K (±1% cap)
NOI $53,937 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Paired home on a corner lot with a 2-car tandem garage, covered deck, and full unfinished basement.
Where is this duplex located?
The property is located at 2002 Crested Lark St Fort Collins, CO.
What is the asking price?
The asking price for this property is $593,450.
What are key features of this property?
This property features: Under construction 2026 paired home with estimated completion in September 2026; 3 bedrooms, 3 baths with an open floorplan, kitchen island, pantry, and split bedroom plan; Primary suite includes a walk‑in closet and spacious en‑suite bath
More about this property
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