Ranch-Style Duplex
For Sale
$650,000
6941 Fargo, Littleton, CO 80125
Low-maintenance residential property with finished living space, hillside open-space views, and an attached garage.
Property Size2,299 SF
Days on Market124
Property Features for 6941 Fargo
General Information
Standard status
Active
Size
2,299 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,009
Amenities
hardwood floors
vaulted ceilings
granite counter tops
stainless steel appliances
gas cook top
gas fireplace
5-piece bath ensemble
walk-in closet
laundry room
rear patio
perennial garden beds
hiking trails
community center
parks
paved walking paths
Building Details
Building Size
2,299 SF
Year Built
2015
Buildings
1
Construction
ranch-style
Listing Agency:
Realty One Group Premier
(303) 888-4510
Listed By:
Todd & Tracy Cole
(303) 888-4510
Source:
Corken
Added: Apr 28
Changed: Aug 29
Last Checked: Aug 29 at 5:12PM
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 Realty One Group Premier
Investment Insights
Based on property information with market context.
This ranch-style duplex property was built in 2015 and features a low-maintenance stucco and rock exterior, tile roof, and attached two-car garage. The main level includes hardwood flooring, vaulted ceilings, large windows, an open kitchen with granite countertops, stainless steel appliances, and a gas cooktop. The kitchen connects with a great room featuring a gas fireplace. The primary suite includes a five-piece bath and walk-in closet, while a second bedroom, library or office, laundry room, and three-quarter bath are also located on the main floor.
The finished lower level adds a family room, game area, third bedroom, full bath, and storage. Outdoor space includes a rear patio with perennial garden beds and views toward hillside open space. Roxborough Park encompasses 1,620 acres and more than 12 miles of hiking trails, with community parks, paved walking paths, a community center, and Roxborough Marketplace within the surrounding area. Park Meadows Mall and the Denver Tech Center are 25 minutes away, Downtown Denver is 35 minutes away, and ski areas are approximately 1 hour away.
The finished lower level adds a family room, game area, third bedroom, full bath, and storage. Outdoor space includes a rear patio with perennial garden beds and views toward hillside open space. Roxborough Park encompasses 1,620 acres and more than 12 miles of hiking trails, with community parks, paved walking paths, a community center, and Roxborough Marketplace within the surrounding area. Park Meadows Mall and the Denver Tech Center are 25 minutes away, Downtown Denver is 35 minutes away, and ski areas are approximately 1 hour away.
Key Highlights
- 2015 construction with stucco and rock exterior and tile roof
- Finished lower level with family room, game area, third bedroom, full bath, and storage
- Main level includes primary suite, secondary bedroom, library or office, laundry room, and 3/4 bath
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
$37,898
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
5.83%
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%
$757,960
$758.0K
Cap Rate 7%
$541,400
$541.4K
Cap Rate 9%
$421,089
$421.1K
Market Conditions
NOI Build-Up for 2,299 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
$56.6K $24.60/SF
− Vacancy
−$2.4K −$1.05/SF
EGI
$54.1K $23.55/SF
− OpEx
−$16.2K −$7.06/SF
NOI
$37.9K $16.48/SF
Area
Douglas County, CO
Vacancy
4.27%
Lease Rate
$24.60 /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%
$757,960
Cap Rate 7%
$541,400
Cap Rate 9%
$421,089
Alternative Uses
Best Use
Multifamily LT 5
$541.4K
$473.7K – $631.6K
NOI $37,898 @ 7.0% cap · market cap 5.83%
Second Best
Apartment 5plus
$498.9K
$436.5K – $582.0K
NOI $34,922 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$789.7K
$691.0K – $921.3K
NOI $55,276 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Explore this area
Business Placement
Demographics for 80125, CO
12,482
Population
5,377
Households
2.3
Avg Household Size
41
Median Age
63%
College-Educated
99%
High-School Grad
39.2 sq mi
ZIP Area
318
Density / Sq Mi
$167,874
Median Household Income
$84,514
Median Earnings
$2,882
Median Rent
$708,200
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 - Low-maintenance residential property with finished living space, hillside open-space views, and an attached garage.
Where is this duplex located?
The property is located at 6941 Fargo Littleton, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2015 construction with stucco and rock exterior and tile roof; Finished lower level with family room, game area, third bedroom, full bath, and storage; Main level includes primary suite, secondary bedroom, library or office, laundry room, and 3/4 bath
