Modern Duplex with Expansion
For Sale
$549,990
9777 Banner Peak St, Littleton, CO 80125
Newer-construction duplex with smart-home features, a two-car garage, and an unfinished basement prepared for future buildout.
Property Size1,540 SF
Days on Market30
Property Features for 9777 Banner Peak St
General Information
Standard status
Active
Size
1,540 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$6,438
Amenities
smart-home features
keyless entry
quartz countertops
Building Details
Building Size
1,540 SF
Year Built
2023
Listing Agency:
Realty One Group Elevations, LLC
(720) 290-8818
Listed By:
Jonathan Edewaard
(720) 290-8818
Source:
Corken
Added: Jul 31
Changed: Aug 29
Last Checked: Aug 29 at 2:27PM
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 Elevations, LLC
Investment Insights
Based on property information with market context.
This duplex was completed in 2023 and features a three-bedroom, three-bathroom layout with an open main level connecting the kitchen, dining area, and living room. Quartz countertops and contemporary finishes define the kitchen, while connected lighting and keyless entry add smart-home functionality. A two-car garage provides enclosed vehicle and storage space. The upper level includes a primary suite, two additional bedrooms, and well-appointed bathrooms. An unfinished basement with rough-in plumbing provides additional space for future customization.
The property is located in Sterling Ranch, where residents have access to trails, parks, open space, community events, and neighborhood amenities. Roxborough State Park is 4 miles away, and Chatfield State Park offers boating, paddleboarding, fishing, and trails. The address is 9777 Banner Peak St, Littleton, CO 80125.
The property is located in Sterling Ranch, where residents have access to trails, parks, open space, community events, and neighborhood amenities. Roxborough State Park is 4 miles away, and Chatfield State Park offers boating, paddleboarding, fishing, and trails. The address is 9777 Banner Peak St, Littleton, CO 80125.
Key Highlights
- Built in 2023
- Three‑bedroom, three‑bathroom duplex layout
- Quartz countertops and contemporary kitchen finishes
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
$25,386
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
4.62%
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%
$507,720
$507.7K
Cap Rate 7%
$362,657
$362.7K
Cap Rate 9%
$282,067
$282.1K
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
$37.9K $24.60/SF
− Vacancy
−$1.6K −$1.05/SF
EGI
$36.3K $23.55/SF
− OpEx
−$10.9K −$7.06/SF
NOI
$25.4K $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%
$507,720
Cap Rate 7%
$362,657
Cap Rate 9%
$282,067
Alternative Uses
Best Use
Multifamily LT 5
$362.7K
$317.3K – $423.1K
NOI $25,386 @ 7.0% cap · market cap 4.62%
Second Best
Apartment 5plus
$334.2K
$292.4K – $389.9K
NOI $23,393 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$529.0K
$462.8K – $617.1K
NOI $37,027 @ 7.0% cap · market cap 6.73%
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
36
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 - Newer-construction duplex with smart-home features, a two-car garage, and an unfinished basement prepared for future buildout.
Where is this duplex located?
The property is located at 9777 Banner Peak St Littleton, CO.
What is the asking price?
The asking price for this property is $549,990.
What are key features of this property?
This property features: Built in 2023; Three‑bedroom, three‑bathroom duplex layout; Quartz countertops and contemporary kitchen finishes
