Updated Duplex Property with Finished
New
For Sale
$669,000
5779 Boston St, Denver, CO 80238
Open-concept interiors feature upgraded finishes, flexible living space, and a low-maintenance outdoor setup.
Property Size2,344 SF
Days on Market6
Property Features for 5779 Boston St
General Information
Standard status
Active
Size
2,344 SF
Total Parking Spaces
2
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$6,523
Building Details
Building Size
2,344 SF
Year Built
2018
Buildings
2
Listing Agency:
eXp Realty, LLC
Listed By:
Madalene Cowger
(720) 576-9873
Source:
Corken
Added: Sep 10
Changed: Sep 13
Last Checked: Sep 15 at 9:54AM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This 2018 duplex property includes an open main-level arrangement with 10-foot ceilings, hardwood flooring, and connected kitchen, dining, and living areas. The kitchen is equipped with quartz countertops, a marble backsplash, stainless steel appliances, and an extended island. The primary suite includes natural light, views of Longs Peak, a 5-piece bathroom with soaking tub, and a walk-in closet with built-in storage. Upstairs are a loft or flex area, laundry, and updated luxury vinyl plank flooring. A finished basement adds an additional bedroom and versatile living space.
Additional features include wood blinds, soundproof walls, a low-maintenance turf yard, and a detached 2-car garage. The roof was replaced in 2024, and LVP was installed upstairs in 2025. The property is located at 5779 Boston St in Denver’s Central Park, near Splash Landing Pool, Beeler Park, Pearl Market, Central Park trails, and open space. Several schools are within 5 minutes.
Additional features include wood blinds, soundproof walls, a low-maintenance turf yard, and a detached 2-car garage. The roof was replaced in 2024, and LVP was installed upstairs in 2025. The property is located at 5779 Boston St in Denver’s Central Park, near Splash Landing Pool, Beeler Park, Pearl Market, Central Park trails, and open space. Several schools are within 5 minutes.
Key Highlights
- 2018 construction with soundproof walls and energy‑efficient design
- 10‑foot ceilings, hardwood floors, quartz counters, and stainless steel appliances
- Finished basement with an additional bedroom and flexible living area
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
$38,954
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
5.82%
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%
$779,080
$779.1K
Cap Rate 7%
$556,486
$556.5K
Cap Rate 9%
$432,822
$432.8K
Market Conditions
NOI Build-Up for 2,344 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
$59.1K $25.20/SF
− Vacancy
−$3.4K −$1.46/SF
EGI
$55.6K $23.74/SF
− OpEx
−$16.7K −$7.12/SF
NOI
$39.0K $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%
$779,080
Cap Rate 7%
$556,486
Cap Rate 9%
$432,822
Alternative Uses
Best Use
Multifamily LT 5
$556.5K
$486.9K – $649.2K
NOI $38,954 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$508.4K
$444.9K – $593.2K
NOI $35,590 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$746.2K
$652.9K – $870.6K
NOI $52,233 @ 7.0% cap · market cap 7.81%
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
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 80238, CO
28,937
Population
11,741
Households
2.5
Avg Household Size
34
Median Age
77%
College-Educated
100%
High-School Grad
6.8 sq mi
ZIP Area
4,255
Density / Sq Mi
$166,191
Median Household Income
$90,306
Median Earnings
$2,071
Median Rent
$806,400
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 - Open-concept interiors feature upgraded finishes, flexible living space, and a low-maintenance outdoor setup.
Where is this duplex located?
The property is located at 5779 Boston St Denver, CO.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: 2018 construction with soundproof walls and energy‑efficient design; 10‑foot ceilings, hardwood floors, quartz counters, and stainless steel appliances; Finished basement with an additional bedroom and flexible living area
