Duplex with Attached Basement
For Sale
$589,320
4752 Degas Dr, Loveland, CO 80538
MULTI_FAMILY - Loveland, CO
Property Size2,963 SF
Lot Size0.12 Acres
Price / SF$198.89
Days on Market93
Property Features for 4752 Degas Dr
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Property condition
Under Construction
Zoning
res
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1
Parking
2
Parking features
Open
Patio and Porch features
Patio, Deck
Interior features
Eat-in Kitchen, Open Floorplan
Basement
Partially Finished, Daylight, Full
Appliances
Electric Range, Dishwasher, Microwave, All Appliances, Disposal, Fire Alarm
Subdivision
Wilson Commons
Lot features
Paved, Curbs, Gutters, Sidewalks
Elementary school
Ponderosa
Middle school
Erwin, Lucile
High school
Loveland
Elementary school district
Thompson R2-J
Middle school district
Thompson R2-J
High school district
Thompson R2-J
Standard status
Active
APN
R1682973
Size
2,963 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
HOA Fee
$89 Monthly
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
1
Number of units
2
Building materials
Frame, Stone
Roof type
Composition
Listing Agency:
RE/MAX Alliance-FTC South · RE/MAX International
(970) 226-3990
Listed By:
Dennis Schick · License #40040924
(970) 567-3942
Added: May 14
Changed: Aug 12
Last Checked: Aug 14 at 9:06AM
MLS# 1059092
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Under construction duplex at 4752 Degas Dr in Loveland, featuring an attached basement accessory dwelling unit. The main floor unit includes two bedrooms, two bathrooms, and an attached two-car garage with convenient single-level living. The basement ADU offers one bedroom, one bathroom, and a large storage area, with separate entrance and separate systems.
The attached basement ADU is independently metered and controlled, including separate thermostat, furnace, AC, electric meter, H2O heater, and mailbox. Interior details include LVP flooring, stainless steel appliances, and solid surface countertops, along with active radon mitigation. The home is built for efficiency with a 95% furnace, an advanced sealing package, HERS testing, and Energy Star windows.
Additional features include forced-air heating, central air conditioning, composition roof, and frame and stone construction. The property sits on a 0.12-acre lot and includes a patio and deck, with open parking, and public sewer service.
The attached basement ADU is independently metered and controlled, including separate thermostat, furnace, AC, electric meter, H2O heater, and mailbox. Interior details include LVP flooring, stainless steel appliances, and solid surface countertops, along with active radon mitigation. The home is built for efficiency with a 95% furnace, an advanced sealing package, HERS testing, and Energy Star windows.
Additional features include forced-air heating, central air conditioning, composition roof, and frame and stone construction. The property sits on a 0.12-acre lot and includes a patio and deck, with open parking, and public sewer service.
Key Highlights
- 0.12‑acre lot
- 2,963 SF under construction duplex
- 2026 build with attached basement ADU
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
$30,498
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
5.18%
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%
$609,960
$610.0K
Cap Rate 7%
$435,686
$435.7K
Cap Rate 9%
$338,867
$338.9K
Market Conditions
NOI Build-Up for 2,963 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
$45.5K $15.36/SF
− Vacancy
−$1.9K −$0.66/SF
EGI
$43.6K $14.70/SF
− OpEx
−$13.1K −$4.41/SF
NOI
$30.5K $10.29/SF
Area
Larimer County, CO
Vacancy
4.27%
Lease Rate
$15.36 /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%
$609,960
Cap Rate 7%
$435,686
Cap Rate 9%
$338,867
Alternative Uses
Best Use
Multifamily LT 5
$435.7K
$381.2K – $508.3K
NOI $30,498 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$402.9K
$352.5K – $470.0K
NOI $28,200 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$795.3K
$695.9K – $927.9K
NOI $55,672 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
Explore this area
Business Placement
Demographics for 80538, CO
49,084
Population
21,923
Households
2.2
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
480
Density / Sq Mi
$85,057
Median Household Income
$49,074
Median Earnings
$1,730
Median Rent
$472,200
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 - Under-construction duplex with an attached basement ADU, separate entrance, central air, and patio and deck.
Where is this duplex located?
The property is located at 4752 Degas Dr Loveland, CO.
What is the asking price?
The asking price for this property is $589,320.
What are key features of this property?
This property features: 0.12‑acre lot; 2,963 SF under construction duplex; 2026 build with attached basement ADU
