Please do not trespass on property or disturb tenants without a scheduled showing. Excellent cash-flowing investment opportunity and upside in this 8-unit building. All units are 2/1 with identical layouts. storage lockers, and shared coin-op laundry in basement. Currently under-rented due to long-term tenants in place. Pro forma rents $1,250/unit = $120,000 gross annual rents resulting in a potential 9.0%+ cap rate and a 10.0%+ cash on cash return. Well located on the East side of Madison across from Warner Park with easy access to schools, grocery, and downtown Madison. Leases available upon request. 2410 units 3 & 4 are vacant and have not been updated. Vacant units will need turnover work. New boiler 2021, new coin-op W/D 2022. Various updates throughout most units done in 2022-2023.
Sold for $799,000
$799,000
2410 Calypso Rd, Madison, WI 53704
8beds
2,800sqft
Apartment
Built in 1965
-- sqft lot
$990,900 Zestimate®
$285/sqft
$1,074 Estimated rent
Home value
$990,900
$892,000 - $1.10M
$1,074/mo
Zestimate® history
Owner options
List your home for rent
$1,074/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,074/mo
Rent Zestimate®
Refinance and save
$5,207/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,207/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Cheng Real Estate Group,
Real Broker LLC,
Ali Kane,
Stark Company, REALTORS
Bought with:
Tara Strehl
Keller Williams Realty
Source: SCWMLS,MLS#: 1956856
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Radiant, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3), Individual Heat Control (Unit 4)
Cooling
- Air Conditioning (Unit 1), Air Conditioning (Unit 2), Air Conditioning (Unit 3), Air Conditioning (Unit 4)
Appliances
- Included: Dishwasher (Unit 1), Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 2), Range/Oven (Unit 2), Refrigerator (Unit 2), Dishwasher (Unit 3), Range/Oven (Unit 3), Refrigerator (Unit 3), Dishwasher (Unit 4), Range/Oven (Unit 4), Refrigerator (Unit 4)
- Laundry: Common Area
Features
- Family/Rec Room (Unit 1), Separate Storage (Unit 1), Shared basement, Family/Rec Room (Unit 2), Separate Storage (Unit 2), Family/Rec Room (Unit 3), Separate Storage (Unit 3), Family/Rec Room (Unit 4), Separate Storage (Unit 4)
- Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2)
- Basement: Full,Sump Pump
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
Property
Parking
- Total spaces: 8
- Parking features: Outside
- Details: Outside
Features
- Levels: Two
- Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2), Balcony/Patio (Unit 3), Balcony/Patio (Unit 4)
Lot
- Size: 0.28 Acres
- Features: Near Public Transit
Details
- Parcel number: 080936403304
- Zoning: SR-V1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Aluminum Siding, Brick
- Foundation: Poured concrete foundatn
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters, Internet - Cable
Community & neighborhood
Location
- Region: Madison
HOA & financial
Other financial information
- Total actual rent: 40440
Other
Other facts
- Listing terms: Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2023 | Sold | $799,000$285/sqft |
Source: Public Record Report a problem | ||
| 8/11/2023 | Contingent | $799,000$285/sqft |
Source:  WIREX MLS #1956856 Report a problem | ||
| 8/3/2023 | Price change | $799,000-2.6%$285/sqft |
Source: WIREX MLS #1956856 Report a problem | ||
| 7/25/2023 | Price change | $820,000-5.2%$293/sqft |
Source: WIREX MLS #1956856 Report a problem | ||
| 6/14/2023 | Price change | $865,000-3.8%$309/sqft |
Source: WIREX MLS #1956856 Report a problem | ||
| 6/1/2023 | Listed for sale | $899,000+10.3%$321/sqft |
Source: WIREX MLS #1956856 Report a problem | ||
| 11/19/2022 | Listing removed | -- |
Source: WIREX MLS #1919128 Report a problem | ||
| 11/18/2021 | Sold | $815,000+2%$291/sqft |
Source: SCWMLS #1919128 Report a problem | ||
| 10/1/2021 | Listed for sale | $799,000$285/sqft |
Source: WIREX MLS #1919128 Report a problem | ||
| 10/1/2021 | Contingent | $799,000$285/sqft |
Source: WIREX MLS #1919128 Report a problem | ||
| 9/7/2021 | Listed for sale | $799,000$285/sqft |
Source: WIREX MLS #1919128 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $15,542 -5.3% | $794,000 -2.6% |
| 2023 | $16,421 | $815,000 |
| 2022 | -- | $815,000 +42.2% |
| 2021 | -- | $573,000 +4.9% |
| 2020 | -- | $546,000 +5% |
| 2019 | $11,115 | $520,000 +4.6% |
| 2018 | $11,115 +6.2% | $497,000 +10% |
| 2017 | $10,466 -5% | $452,000 -6% |
| 2016 | $11,012 +5% | $481,000 +10.3% |
| 2014 | $10,485 +1.6% | $436,000 +3.1% |
| 2013 | $10,322 -3.5% | $423,000 -4.9% |
| 2012 | $10,693 +5.1% | $445,000 |
| 2011 | $10,175 +3.6% | $445,000 |
| 2010 | $9,825 +1.7% | $445,000 -5.9% |
| 2009 | $9,658 +5.3% | $473,000 |
| 2008 | $9,170 -1.3% | $473,000 |
| 2007 | $9,293 -0.3% | $473,000 |
| 2006 | $9,319 +9% | $473,000 +14.9% |
| 2005 | $8,553 -1.9% | $411,500 +5% |
| 2004 | $8,720 +14.9% | $392,000 |
| 2003 | $7,591 +2.7% | $392,000 +24.4% |
| 2002 | $7,390 +0.2% | $315,000 +5% |
| 2001 | $7,375 | $300,000 |
Find assessor info on the county website
Neighborhood: Brentwood Village
Nearby schools
GreatSchools rating
- 6/10Emerson Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 2/10Sherman Middle SchoolGrades: 6-8Distance: 0.6 mi
- 8/10East High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Emerson
- Middle: Sherman
- High: East
- District: Madison
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$990,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$990,900
- Wisconsin
- Dane County
- Madison
- 53704
- Brentwood Village
- 2410 Calypso Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Madison Topics
