Updated Four-Bedroom
For Sale
$562,500
A-b-17620 Hampton Park Dr, Edmond, OK
Two spacious residences feature modern kitchens, private fenced yards, and attached two-car garages.
Property Size3,936 SF
Price / SF$142.91
Days on Market142
Property Features for A-b-17620 Hampton Park Dr
General Information
Standard status
Active
Size
3,936 SF
Total Parking Spaces
4
Property subtype
Residential Income
Units
Unit Mix
2 x 4BR/2.5BA
Multifamily Units
2
Parking per Unit
2
Amenities
fenced backyards
Building Details
Year Built
2015
Buildings
1
Listing Agency:
Milk and Honey Realty LLC
Listed By:
Sarah Mathes
(405) 215-3515
Source:
Exprealty
Added: Apr 16
Changed: Sep 3
Last Checked: Sep 4 at 1:14PM
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 Milk and Honey Realty LLC
Investment Insights
Based on property information with market context.
This duplex contains 3,936 square feet and was built in 2015. Each residence includes four bedrooms, 2.5 bathrooms, an open-concept layout, and an attached two-car garage. Interior finishes include granite countertops, stainless steel appliances, and dark cabinetry, while each side also has a fenced backyard. The property has been recently refreshed.
The homeowners association manages front-lawn care, tree maintenance, weed control, and irrigation upkeep. The property is in the Hampton Park neighborhood of Edmond, near shopping, dining, and major commuter routes. Both residences are tenant occupied, and interior showings are not currently available.
The homeowners association manages front-lawn care, tree maintenance, weed control, and irrigation upkeep. The property is in the Hampton Park neighborhood of Edmond, near shopping, dining, and major commuter routes. Both residences are tenant occupied, and interior showings are not currently available.
Key Highlights
- 3,936‑square‑foot duplex built in 2015
- Each side offers 4 bedrooms, 2.5 bathrooms, and a 2‑car garage
- Granite countertops, stainless steel appliances, and dark cabinetry in each residence
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
$25,044
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
4.45%
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%
$500,880
$500.9K
Cap Rate 7%
$357,771
$357.8K
Cap Rate 9%
$278,267
$278.3K
Market Conditions
NOI Build-Up for 3,936 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
$50.5K $12.84/SF
− Vacancy
−$5.0K −$1.27/SF
EGI
$45.5K $11.57/SF
− OpEx
−$20.5K −$5.21/SF
NOI
$25.0K $6.36/SF
Area
Oklahoma County, OK
Vacancy
9.90%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
45.00%
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%
$500,880
Cap Rate 7%
$357,771
Cap Rate 9%
$278,267
Alternative Uses
Best Use
Apartment 5plus
$357.8K
$313.1K – $417.4K
NOI $25,044 @ 7.0% cap · market cap 4.45%
Second Best
Multifamily LT 5
$341.6K
$298.9K – $398.6K
NOI $23,915 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$819.8K
$717.3K – $956.4K
NOI $57,386 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two spacious residences feature modern kitchens, private fenced yards, and attached two-car garages.
Where is this duplex located?
The property is located at A-b-17620 Hampton Park Dr Edmond, OK.
What is the asking price?
The asking price for this property is $562,500.
What are key features of this property?
This property features: 3,936‑square‑foot duplex built in 2015; Each side offers 4 bedrooms, 2.5 bathrooms, and a 2‑car garage; Granite countertops, stainless steel appliances, and dark cabinetry in each residence
