Two-Story 3-Bed Condo
4797 Degas Dr Loveland, CO 80538
For Sale
$451,300
CONDOS - Loveland, CO
Property Size1,586 SF
Lot Size0.09 Acres
Price / SF$284.55
Days on Market78
Property Features for 4797 Degas Dr
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- Under Construction
- Zoning
- res
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bathroom 2, Dining Room, Laundry Room, Laundry Room, Bathroom 3, Bedroom 2, Bedroom 3, Basement
- Parking features
- Open
- Patio and Porch features
- Patio
- Pets allowed
- Dogs OK, Cats OK
- Interior features
- Eat-in Kitchen, Open Floorplan, Pantry, Walk-In Closet(s), Washer/Dryer Hookup, Kitchen Island
- Fencing
- Fenced
- Basement
- Crawl Space
- Appliances
- Electric Range, Dishwasher, Microwave, Disposal, Fire Alarm
- Standard status
- Active
- APN
- R1682998
- Size
- 1,586 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2026
- Floors in Building
- 2
- Building materials
- Frame, Stone
- Roof type
- Composition
Listing Agency:
RE/MAX Alliance-FTC South
(970) 226-3990
Listed By:
Dennis Schick · License #40040924
(970) 567-3942
Added: May 8
Changed: Jul 22
Last Checked: Jul 24 at 9:06AM
MLS# 1058581
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.
This two-story condo home offers 3 bedrooms and 2.5 bathrooms, with a kitchen that includes an island, walk-in pantry, and stainless appliances. Interior highlights include upper-floor laundry and 9-foot walls on the main level. The primary suite includes a glass shower surround, and the home is equipped with an active radon system. Additional conveniences include central A/C, a smart phone compatible thermostat, and a tankless water heater.
A 1-car oversized garage with an opener is included, along with a back patio and front yard landscaping. Back fencing is also included, and HOA maintenance covers the front yard landscaping. The property is described as a premium corner lot, with a Class 4 roof standard. Estimated completion is July 2026.
A 1-car oversized garage with an opener is included, along with a back patio and front yard landscaping. Back fencing is also included, and HOA maintenance covers the front yard landscaping. The property is described as a premium corner lot, with a Class 4 roof standard. Estimated completion is July 2026.
Key Highlights
- Under construction (Year built 2026) with July 2026 completion
- 2‑story plan with 3 bedrooms and 2.5 bathrooms, including a walk‑in closet(s)
- Kitchen includes island and walk‑in pantry with stainless appliances; includes electric range, dishwasher, and microwave
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.4k | $15.36 |
| − Vacancy | −$1.0k | −$0.66 |
| EGI | $23.3k | $14.70 |
| − OpEx | −$7.0k | −$4.41 |
| NOI | $16.3k | $10.29 |
1,586 SF · lease $15.36/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$233.2K
$204.1K – $272.1K
NOI $16,325 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$215.6K
$188.7K – $251.6K
NOI $15,095 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$425.7K
$372.5K – $496.7K
NOI $29,800 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - New two-story condo features 3 bedrooms, 2.5 baths, a kitchen with island, and a 1-car oversized garage.
Where is this duplex located?
The property is located at 4797 Degas Dr Loveland, CO.
What is the asking price?
The asking price for this property is $451,300.
What are key features of this property?
This property features: Under construction (Year built 2026) with July 2026 completion; 2‑story plan with 3 bedrooms and 2.5 bathrooms, including a walk‑in closet(s); Kitchen includes island and walk‑in pantry with stainless appliances; includes electric range, dishwasher, and microwave