Contemporary Duplex With Rooftop
For Sale
$1,200,000
3958 Wyandot St, Denver, CO 80211
Contemporary residence with finished basement, private patio, rooftop entertaining area, and flexible garage space.
Property Size3,294 SF
Days on Market10
Property Features for 3958 Wyandot St
General Information
Standard status
Active
Size
3,294 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$6,609
Amenities
rooftop deck
hot tub
home gym
climbing wall
EV charging
finished basement
gas fireplace
quartz countertops
walk-in closet
wet bar
private patio
Building Details
Building Size
3,294 SF
Year Built
2019
Listing Agency:
RE/MAX Professionals
(303) 204-8423
Listed By:
Jennifer Riley · License #FA100053712
(303) 204-8423
Source:
Corken
Added: Aug 21
Changed: Aug 29
Last Checked: Aug 29 at 11:00PM
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 Professionals
Investment Insights
Based on property information with market context.
Built in 2019, this contemporary duplex property offers more than 3,000 finished square feet across multiple finished levels. The interior includes four bedrooms, five baths, high ceilings, wood flooring, a gas fireplace, and an open kitchen with quartz counters, a large island, and pantry. A primary suite includes a five-piece bath and walk-in closet, while the finished basement adds a family room, bedroom, and three-quarter bath. The loft level includes a wet bar and opens directly to the rooftop deck.
Outdoor features include city and mountain views, a wrap-around rooftop deck, and a private rear patio with hot tub. The finished, insulated two-car garage includes EV charging, storage, and a home gym setup with a climbing wall, while retaining traditional garage functionality. The property is in Sunnyside near restaurants, coffee shops, parks, and shopping, with access to LoHi and downtown Denver.
Outdoor features include city and mountain views, a wrap-around rooftop deck, and a private rear patio with hot tub. The finished, insulated two-car garage includes EV charging, storage, and a home gym setup with a climbing wall, while retaining traditional garage functionality. The property is in Sunnyside near restaurants, coffee shops, parks, and shopping, with access to LoHi and downtown Denver.
Key Highlights
- More than 3,000 finished square feet with 4 bedrooms and 5 baths
- 2019 construction with finished basement and multi‑level contemporary layout
- Wrap‑around rooftop deck with city and mountain views
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
$54,742
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
4.56%
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%
$1,094,840
$1.1M
Cap Rate 7%
$782,029
$782.0K
Cap Rate 9%
$608,244
$608.2K
Market Conditions
NOI Build-Up for 3,294 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
$83.0K $25.20/SF
− Vacancy
−$4.8K −$1.46/SF
EGI
$78.2K $23.74/SF
− OpEx
−$23.5K −$7.12/SF
NOI
$54.7K $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%
$1,094,840
Cap Rate 7%
$782,029
Cap Rate 9%
$608,244
Alternative Uses
Best Use
Multifamily LT 5
$782.0K
$684.3K – $912.4K
NOI $54,742 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$714.5K
$625.2K – $833.6K
NOI $50,015 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.05M
$917.5K – $1.22M
NOI $73,402 @ 7.0% cap · market cap 6.12%
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
1,151
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 - Contemporary residence with finished basement, private patio, rooftop entertaining area, and flexible garage space.
Where is this duplex located?
The property is located at 3958 Wyandot St Denver, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: More than 3,000 finished square feet with 4 bedrooms and 5 baths; 2019 construction with finished basement and multi‑level contemporary layout; Wrap‑around rooftop deck with city and mountain views
