Finished-Basement
2015 Grayside Cir, Castle Rock, CO 80109
For Sale
$995,000
2025-built duplex in a 55+ community with a landscaped yard, finished office, and three-car garage.
Property Size3,668 SF
Days on Market59
Property Features for 2015 Grayside Cir
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Serhant Colorado LLC
Listed By:
Katherine McCaslin · License CO #100072124
(970) 402-9329
Source:
Corken
Added: Sep 17
Changed: Nov 6
Last Checked: Nov 12 at 4:54PM
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 Serhant Colorado LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2025, this duplex in a 55+ community combines a finished walk-out basement with practical interior improvements. The residence includes a professionally completed office with custom cabinetry and accent walls, custom window coverings throughout, and a whole-home water softener system. A three-car garage provides room for vehicles, storage, and recreational equipment.
The landscaped backyard is complete and opens toward rolling landscape views with no direct rear neighbors. The finished basement adds flexible living and entertaining space, while the property’s location in Castle Rock, Colorado, places the home at 2015 Grayside Cir, Castle Rock, CO 80109.
The landscaped backyard is complete and opens toward rolling landscape views with no direct rear neighbors. The finished basement adds flexible living and entertaining space, while the property’s location in Castle Rock, Colorado, places the home at 2015 Grayside Cir, Castle Rock, CO 80109.
Key Highlights
- Duplex built in 2025
- Finished walk‑out basement adds flexible living and entertaining space
- Professionally finished office with custom cabinetry and accent walls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,466
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,209,320
$1.2M
Cap Rate 7%
$863,800
$863.8K
Cap Rate 9%
$671,844
$671.8K
Market Conditions
NOI Build-Up for 3,668 SF
Gross rent
$90.2K $24.60/SF
− Vacancy
−$3.9K −$1.05/SF
EGI
$86.4K $23.55/SF
− OpEx
−$25.9K −$7.06/SF
NOI
$60.5K $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 Rate 5%
$1,209,320
Cap Rate 7%
$863,800
Cap Rate 9%
$671,844
Alternative Uses
Best Use
Multifamily LT 5
$863.8K
$755.8K – $1.01M
NOI $60,466 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$796.0K
$696.5K – $928.6K
NOI $55,718 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,192 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Explore this area
Business Placement
Demographics for 80109, CO
27,148
Population
9,598
Households
2.8
Avg Household Size
36
Median Age
57%
College-Educated
98%
High-School Grad
26.0 sq mi
ZIP Area
1,044
Density / Sq Mi
$148,417
Median Household Income
$63,640
Median Earnings
$2,245
Median Rent
$648,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - 2025-built duplex in a 55+ community with a landscaped yard, finished office, and three-car garage.
Where is this duplex located?
The property is located at 2015 Grayside Cir Castle Rock, CO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Duplex built in 2025; Finished walk‑out basement adds flexible living and entertaining space; Professionally finished office with custom cabinetry and accent walls
