Contemporary Duplex with Golf
For Sale
Under Contract
$1,395,000
6358 Foundry Ct, Timnath, CO 80547
Residential, Timnath, CO
Property Size4,466 SF
Lot Size0.17 Acres
Price / SF$312.36
Days on Market83
Property Features for 6358 Foundry Ct
General Information
Property type
Residential
Property subtype
Duplex
Zoning
Res
Bedrooms
5
Bathrooms
4
Full bathrooms
1
Rooms
Bedroom 5, Bathroom 2, Basement, Bathroom 1, Bedroom 1, Bathroom 4, Dining Room, Bedroom 2, Game Room, Bedroom 3, Bathroom 3, Family Room, Bedroom 4
Parking features
Open
Window features
Window Coverings
Patio and Porch features
Patio
Interior features
Eat-in Kitchen, Cathedral Ceiling(s), Walk-In Closet(s), Jack & Jill Bathroom, Kitchen Island
Exterior features
Oversized Garage
Fireplace
1
Basement
Full, Partially Finished
Appliances
Gas Range, Double Oven, Dishwasher, Refrigerator, Microwave, Disposal, Fire Alarm
Subdivision
Harmony Club
Lot features
Cul-De-Sac, Abuts Golf Course, Golf Course Neighborhood, House Faces South, Paved, Curbs, Gutters, Sidewalks, Street Light, Fire Hydrant within 500 Feet
Elementary school
Timnath
Middle school
Timnath Middle-High School
High school
Timnath Middle-High School
Elementary school district
Poudre
Middle school district
Poudre
High school district
Poudre
Directions
From I-25 take Harmony Rd East. Turn left (North) on Artisal Pl. Turn right on Foundry Ct. Property is on the left.
Standard status
Active Under Contract
APN
R1662804
Size
4,466 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7589
HOA Fee
$270 Annually
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Amenities
covered patio
natural gas hookup
wet bar
recreation area
Building Details
Year built
2022
Floors in Building
2
Flooring type
Wood
Building materials
Stone, Composition, Stucco
Roof type
Composition
Architectural style
Contemporary
Listing Agency:
Group Centerra
(970) 613-0700
Listed By:
Zach Laue
(970) 689-2440
Added: Jun 17
Changed: Sep 1
Last Checked: Sep 7 at 4:06PM
MLS# 1062040
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.
Built in 2022, this 4,466-square-foot contemporary duplex combines a main-level primary suite, additional bedroom or office, laundry room, and open living and dining areas. The kitchen includes an island, gas range, double oven, and wood flooring, while cathedral ceilings, large windows, and a fireplace add architectural character. A separate upper-level suite includes a private bathroom, and the finished basement provides high ceilings, a wet bar, recreation space, and additional bedrooms. The property also features an oversized garage, central air, forced-air heat, and a covered patio with a natural gas hookup.
Set along the 10th hole at Harmony Club, the home has golf course and fairway views from the interior and outdoor spaces. HOA services include lawn care, snow removal, and exterior maintenance. Harmony Club amenities include dining venues, gathering areas, a golf simulator, year-round practice facilities, pool, hot tub, fitness center, and tennis courts.
Set along the 10th hole at Harmony Club, the home has golf course and fairway views from the interior and outdoor spaces. HOA services include lawn care, snow removal, and exterior maintenance. Harmony Club amenities include dining venues, gathering areas, a golf simulator, year-round practice facilities, pool, hot tub, fitness center, and tennis courts.
Key Highlights
- 4,466‑square‑foot contemporary property built in 2022
- Positioned along Harmony Club’s 10th hole with fairway and golf course views
- Finished basement with high ceilings, wet bar, recreation area, and additional bedrooms
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
$45,968
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
3.30%
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%
$919,360
$919.4K
Cap Rate 7%
$656,686
$656.7K
Cap Rate 9%
$510,756
$510.8K
Market Conditions
NOI Build-Up for 4,466 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
$68.6K $15.36/SF
− Vacancy
−$2.9K −$0.66/SF
EGI
$65.7K $14.70/SF
− OpEx
−$19.7K −$4.41/SF
NOI
$46.0K $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%
$919,360
Cap Rate 7%
$656,686
Cap Rate 9%
$510,756
Alternative Uses
Best Use
Multifamily LT 5
$656.7K
$574.6K – $766.1K
NOI $45,968 @ 7.0% cap · market cap 3.30%
Second Best
Apartment 5plus
$607.2K
$531.3K – $708.4K
NOI $42,505 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,912 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
Demographics for 80547, CO
6,536
Population
2,843
Households
2.3
Avg Household Size
35
Median Age
73%
College-Educated
99%
High-School Grad
5.7 sq mi
ZIP Area
1,147
Density / Sq Mi
$171,971
Median Household Income
$79,285
Median Earnings
$2,040
Median Rent
$719,400
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 - Finished basement, private upper-level suite, and covered patio support flexible living and entertaining.
Where is this duplex located?
The property is located at 6358 Foundry Ct Timnath, 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: 4,466‑square‑foot contemporary property built in 2022; Positioned along Harmony Club’s 10th hole with fairway and golf course views; Finished basement with high ceilings, wet bar, recreation area, and additional bedrooms
