Duplex Home with Modern
For Sale
$409,995
22372 E 7th Pl, Aurora, CO 80018
New construction residence with an open main level, upgraded finishes, and included smart-home features.
Property Size1,488 SF
Days on Market96
Property Features for 22372 E 7th Pl
General Information
Standard status
Active
Size
1,488 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/2.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,260
Building Details
Building Size
1,488 SF
Year Built
2026
Listing Agency:
D.R. Horton Realty, LLC
(702) 374-9584
Listed By:
Chad Bolton
(702) 374-9584
Source:
Corken
Added: May 28
Changed: Aug 29
Last Checked: Aug 30 at 8:58PM
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 D.R. Horton Realty, LLC
Investment Insights
Based on property information with market context.
This duplex property is described as a 3-bedroom, 2.5-bath home with an open-concept main level and 9-foot ceilings. Interior features include vinyl plank flooring on the main level and wet areas, upgraded carpet upstairs, white quartz countertops, espresso cabinetry, upgraded plumbing fixtures, a breakfast bar, walk-in pantry, and a gas stainless steel range. The home also includes central A/C, a tankless water heater, whole-house blinds, a refrigerator, smart lighting, and a smart thermostat.
A spacious 2-car garage has 8-foot doors with smart openers. The property is located in Horizon Uptown, where a central park, walking trails, tennis courts, and a dog park are identified as nearby community amenities. Construction is listed for 2026.
A spacious 2-car garage has 8-foot doors with smart openers. The property is located in Horizon Uptown, where a central park, walking trails, tennis courts, and a dog park are identified as nearby community amenities. Construction is listed for 2026.
Key Highlights
- 3 bedrooms and 2.5 baths
- 9‑foot ceilings and open‑concept main level
- White quartz countertops with espresso cabinetry
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
$21,389
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
5.22%
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%
$427,780
$427.8K
Cap Rate 7%
$305,557
$305.6K
Cap Rate 9%
$237,656
$237.7K
Market Conditions
NOI Build-Up for 1,488 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
$33.0K $22.20/SF
− Vacancy
−$2.5K −$1.67/SF
EGI
$30.6K $20.54/SF
− OpEx
−$9.2K −$6.16/SF
NOI
$21.4K $14.37/SF
Area
Aurora, CO
Vacancy
7.50%
Lease Rate
$22.20 /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%
$427,780
Cap Rate 7%
$305,557
Cap Rate 9%
$237,656
Alternative Uses
Best Use
Multifamily LT 5
$305.6K
$267.4K – $356.5K
NOI $21,389 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$283.7K
$248.3K – $331.0K
NOI $19,862 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$415.8K
$363.8K – $485.1K
NOI $29,105 @ 7.0% cap · market cap 7.10%
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
28
Businesses Nearby
Explore this area
Business Placement
Demographics for 80018, CO
16,106
Population
5,919
Households
2.7
Avg Household Size
34
Median Age
40%
College-Educated
93%
High-School Grad
35.4 sq mi
ZIP Area
455
Density / Sq Mi
$127,390
Median Household Income
$60,104
Median Earnings
$2,542
Median Rent
$558,800
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 - New construction residence with an open main level, upgraded finishes, and included smart-home features.
Where is this duplex located?
The property is located at 22372 E 7th Pl Aurora, CO.
What is the asking price?
The asking price for this property is $409,995.
What are key features of this property?
This property features: 3 bedrooms and 2.5 baths; 9‑foot ceilings and open‑concept main level; White quartz countertops with espresso cabinetry
