Duplex with Rooftop
New
For Sale
$1,395,000
4683 W 50th Pl, Denver, CO 80212
Multiple outdoor areas include a rooftop retreat with a fireplace and a Japanese garden.
Property Size4,030 SF
Days on Market2
Property Features for 4683 W 50th Pl
General Information
Standard status
Active
Size
4,030 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$8,146
Amenities
multiple decks
rooftop retreat with fireplace
Japanese garden
floor-to-ceiling fireplace
spa-inspired bathroom
Building Details
Building Size
4,030 SF
Year Built
2018
Listing Agency:
Compass - Denver
Listed By:
David Krohne
(720) 412-5003
Source:
Corken
Added: Sep 26
Last Checked: Sep 26 at 2:49PM
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 Compass - Denver
Investment Insights
Based on property information with market context.
Built in 2018, this duplex features an airy interior with tall ceilings, expansive windows, and open connections among the living, dining, and kitchen areas. A floor-to-ceiling fireplace anchors the main living space. Multiple decks include a rooftop area with its own fireplace, while a Japanese garden adds a landscaped outdoor setting. The primary suite opens to a private deck, and a lower-level guest suite provides a separate retreat.
The property is at 4683 W 50th Pl in Denver. Views extend from Pikes Peak to Longs Peak, and the remarks place golf immediately outside the home. Tennyson Street restaurants are described as moments away.
The property is at 4683 W 50th Pl in Denver. Views extend from Pikes Peak to Longs Peak, and the remarks place golf immediately outside the home. Tennyson Street restaurants are described as moments away.
Key Highlights
- 2018 construction
- Multiple decks, including a rooftop area with a fireplace
- Japanese garden
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
$66,973
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
4.80%
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%
$1,339,460
$1.3M
Cap Rate 7%
$956,757
$956.8K
Cap Rate 9%
$744,144
$744.1K
Market Conditions
NOI Build-Up for 4,030 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
$101.6K $25.20/SF
− Vacancy
−$5.9K −$1.46/SF
EGI
$95.7K $23.74/SF
− OpEx
−$28.7K −$7.12/SF
NOI
$67.0K $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%
$1,339,460
Cap Rate 7%
$956,757
Cap Rate 9%
$744,144
Alternative Uses
Best Use
Multifamily LT 5
$956.8K
$837.2K – $1.12M
NOI $66,973 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$874.1K
$764.9K – $1.02M
NOI $61,190 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,803 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
Explore this area
Business Placement
Demographics for 80212, CO
20,397
Population
10,870
Households
1.9
Avg Household Size
38
Median Age
64%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
5,666
Density / Sq Mi
$118,692
Median Household Income
$76,379
Median Earnings
$1,714
Median Rent
$705,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Multiple outdoor areas include a rooftop retreat with a fireplace and a Japanese garden.
Where is this duplex located?
The property is located at 4683 W 50th Pl Denver, CO.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 2018 construction; Multiple decks, including a rooftop area with a fireplace; Japanese garden
