Remodeled
For Sale
$899,000
448 Willowbrook Road, Silverthorne, CO 80498
Updated interiors include refreshed kitchens, bathrooms, flooring, paint, carpeting, and appliances within a multi-family property.
Property Size2,084 SF
Days on Market403
Property Features for 448 Willowbrook Road
General Information
Standard status
Active
Size
2,084 SF
Property subtype
Duplex
Zoning
Multi-Family
Building Details
Building Size
2,084 SF
Year Built
1982
Stories
2
Listing Agency:
Swan Mountain Real Estate, LLC
(970) 262-0282
Listed By:
Melissa Koll · License #ER40013666
Source:
Steamboatmountainrealestate
Added: Jul 18, 2025
Changed: Aug 11
Last Checked: Aug 24 at 1:01PM
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 Swan Mountain Real Estate, LLC
Investment Insights
Based on property information with market context.
This duplex at 448 Willowbrook Road presents an updated residential configuration within a Multi-Family-zoned property. Originally built in 1982, the building has received interior improvements that include new paint, carpet, flooring, kitchen cabinets, appliances, and bathroom vanities. The combination of refreshed finishes and updated kitchen and bath components provides a substantially improved interior presentation.
The property is located in Silverthorne, Colorado, within an established residential neighborhood near Trent Park. The park provides a playground, fishing pond, baseball field, and basketball courts, adding a range of outdoor recreation amenities near the property. The address is 448 Willowbrook Road, Silverthorne, CO 80498.
The property is located in Silverthorne, Colorado, within an established residential neighborhood near Trent Park. The park provides a playground, fishing pond, baseball field, and basketball courts, adding a range of outdoor recreation amenities near the property. The address is 448 Willowbrook Road, Silverthorne, CO 80498.
Key Highlights
- Duplex property zoned Multi‑Family
- Interior updates include paint, carpet, flooring, cabinets, appliances, and bathroom vanities
- Built in 1982
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
$34,740
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
3.86%
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%
$694,800
$694.8K
Cap Rate 7%
$496,286
$496.3K
Cap Rate 9%
$386,000
$386.0K
Market Conditions
NOI Build-Up for 2,084 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
$52.5K $25.20/SF
− Vacancy
−$2.9K −$1.39/SF
EGI
$49.6K $23.81/SF
− OpEx
−$14.9K −$7.14/SF
NOI
$34.7K $16.67/SF
Area
Summit County, CO
Vacancy
5.50%
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%
$694,800
Cap Rate 7%
$496,286
Cap Rate 9%
$386,000
Alternative Uses
Best Use
Multifamily LT 5
$496.3K
$434.3K – $579.0K
NOI $34,740 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$458.3K
$401.0K – $534.7K
NOI $32,081 @ 7.0% cap · market cap 3.57%
Theoretical Best
Warehouse
$41.48M
$36.29M – $48.39M
NOI $2,903,565 @ 7.0% cap · market cap 322.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
Demographics for 80498, CO
8,405
Population
6,931
Households
1.2
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
294.8 sq mi
ZIP Area
29
Density / Sq Mi
$105,227
Median Household Income
$49,636
Median Earnings
$1,738
Median Rent
$721,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Updated interiors include refreshed kitchens, bathrooms, flooring, paint, carpeting, and appliances within a multi-family property.
Where is this duplex located?
The property is located at 448 Willowbrook Road Silverthorne, CO.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Duplex property zoned Multi‑Family; Interior updates include paint, carpet, flooring, cabinets, appliances, and bathroom vanities; Built in 1982
