Ranch-Style
For Sale
$474,950
6687 N Nepal Ct, Aurora, CO 80019
Ranch-style residence offers an open kitchen, quartz island, stainless appliances, and a private primary suite.
Property Size1,540 SF
Days on Market42
Property Features for 6687 N Nepal Ct
General Information
Standard status
Active
Size
1,540 SF
Property subtype
Duplex
Building Details
Building Size
1,540 SF
Year Built
2026
Construction
ranch-style
Listing Agency:
SH Realty, Inc.
(303) 850-5757
Listed By:
Matthew Tonge · License #100056314
(303) 850-5757
Source:
Corken
Added: Jul 20
Changed: Aug 30
Last Checked: Aug 30 at 12:55AM
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 SH Realty, Inc.
Investment Insights
Based on property information with market context.
This ranch-style duplex is arranged around an open central living area. Two secondary bedrooms sit near the front of the home alongside a full bathroom, while the kitchen connects with the dining area and great room. The kitchen includes a quartz island and stainless steel appliances.
A laundry room is positioned near the primary suite, which features a walk-in closet and private bathroom. The property is identified with a 2026 year built, and the address is 6687 N Nepal Ct in Aurora, Colorado.
A laundry room is positioned near the primary suite, which features a walk-in closet and private bathroom. The property is identified with a 2026 year built, and the address is 6687 N Nepal Ct in Aurora, Colorado.
Key Highlights
- Ranch‑style duplex layout
- Two secondary bedrooms with adjacent full bathroom
- Kitchen with quartz center island and stainless steel appliances
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
$22,137
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
4.66%
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%
$442,740
$442.7K
Cap Rate 7%
$316,243
$316.2K
Cap Rate 9%
$245,967
$246.0K
Market Conditions
NOI Build-Up for 1,540 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
$34.2K $22.20/SF
− Vacancy
−$2.6K −$1.67/SF
EGI
$31.6K $20.54/SF
− OpEx
−$9.5K −$6.16/SF
NOI
$22.1K $14.37/SF
Area
Aurora, CO
Vacancy
7.50%
Lease Rate
$22.20 /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%
$442,740
Cap Rate 7%
$316,243
Cap Rate 9%
$245,967
Alternative Uses
Best Use
Multifamily LT 5
$316.2K
$276.7K – $369.0K
NOI $22,137 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$293.7K
$257.0K – $342.6K
NOI $20,556 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$430.3K
$376.5K – $502.0K
NOI $30,122 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Explore this area
Business Placement
Demographics for 80019, CO
3,865
Population
1,955
Households
2
Avg Household Size
33
Median Age
32%
College-Educated
87%
High-School Grad
28.1 sq mi
ZIP Area
138
Density / Sq Mi
$117,420
Median Household Income
$49,857
Median Earnings
$1,242
Median Rent
$529,300
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 - Ranch-style residence offers an open kitchen, quartz island, stainless appliances, and a private primary suite.
Where is this duplex located?
The property is located at 6687 N Nepal Ct Aurora, CO.
What is the asking price?
The asking price for this property is $474,950.
What are key features of this property?
This property features: Ranch‑style duplex layout; Two secondary bedrooms with adjacent full bathroom; Kitchen with quartz center island and stainless steel appliances
