New Construction Duplex with
For Sale
$1,499,900
3510 Wyandot St, Denver, CO 80211
Four-story layout offers finished lower-level space, dual primary suites, and a rooftop patio.
Property Size3,630 SF
Days on Market215
Property Features for 3510 Wyandot St
General Information
Standard status
Active
Size
3,630 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$4,750
Building Details
Building Size
3,630 SF
Year Built
2026
Listing Agency:
RE/MAX Northwest Inc
(720) 297-5868
Listed By:
Sam Cardenas
(720) 297-5868
Source:
Corken
Added: Jan 26
Changed: Aug 28
Last Checked: Aug 29 at 3:25PM
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 RE/MAX Northwest Inc
Investment Insights
Based on property information with market context.
This 2026 duplex is planned as a four-story residence with 5 bedrooms, 6 baths, and a fully finished basement. The interior includes two primary suites with walk-in closets, a flexible main-level room for an additional bedroom or office, and a great room with fireplace. The kitchen is specified with stainless KitchenAid appliances and a pantry. Outdoor features include a DuxxBak deck with under-deck drainage and a rooftop patio with decking tile.
A detached 2-car garage is topped by an accessory dwelling unit that can accommodate long- or short-term rental use. The property is designed for electric vehicle charging, solar-panel readiness, high energy efficiency, and wireless connectivity. Located at 3510 Wyandot St in Denver’s Highlands neighborhood, the property offers access to downtown Denver, the interstate, Wheatridge, restaurants, shops, and local attractions. Completion is expected in February 2026, with custom interior finishes still available.
A detached 2-car garage is topped by an accessory dwelling unit that can accommodate long- or short-term rental use. The property is designed for electric vehicle charging, solar-panel readiness, high energy efficiency, and wireless connectivity. Located at 3510 Wyandot St in Denver’s Highlands neighborhood, the property offers access to downtown Denver, the interstate, Wheatridge, restaurants, shops, and local attractions. Completion is expected in February 2026, with custom interior finishes still available.
Key Highlights
- 5‑bedroom, 6‑bath duplex arranged across 4 stories
- Fully finished basement and two primary suites with walk‑in closets
- Accessory dwelling unit above detached 2‑car garage
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
$60,326
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
4.02%
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%
$1,206,520
$1.2M
Cap Rate 7%
$861,800
$861.8K
Cap Rate 9%
$670,289
$670.3K
Market Conditions
NOI Build-Up for 3,630 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
$91.5K $25.20/SF
− Vacancy
−$5.3K −$1.46/SF
EGI
$86.2K $23.74/SF
− OpEx
−$25.9K −$7.12/SF
NOI
$60.3K $16.62/SF
Area
Denver, CO
Vacancy
5.79%
Lease Rate
$25.20 /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%
$1,206,520
Cap Rate 7%
$861,800
Cap Rate 9%
$670,289
Alternative Uses
Best Use
Multifamily LT 5
$861.8K
$754.1K – $1.01M
NOI $60,326 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$787.4K
$689.0K – $918.6K
NOI $55,117 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $80,889 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,689
Businesses Nearby
Explore this area
Business Placement
Demographics for 80211, CO
37,940
Population
20,973
Households
1.8
Avg Household Size
34
Median Age
71%
College-Educated
92%
High-School Grad
4.5 sq mi
ZIP Area
8,431
Density / Sq Mi
$117,685
Median Household Income
$78,573
Median Earnings
$1,931
Median Rent
$747,800
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 - Four-story layout offers finished lower-level space, dual primary suites, and a rooftop patio.
Where is this duplex located?
The property is located at 3510 Wyandot St Denver, CO.
What is the asking price?
The asking price for this property is $1,499,900.
What are key features of this property?
This property features: 5‑bedroom, 6‑bath duplex arranged across 4 stories; Fully finished basement and two primary suites with walk‑in closets; Accessory dwelling unit above detached 2‑car garage
