2-Unit Duplex with Primary
2720-2724 Hazelnut Trail, Sun Prairie, WI 53590
For Sale
Contact for pricing
Both residences have in-unit laundry, air conditioning, and individually controlled heating.
Property Size2,920 SF
Price / SF$256.51
Days on Market8
Property Features for 2720-2724 Hazelnut Trail
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
in-unit laundry
air conditioning
individually controlled heating
Building Details
Buildings
Listing Agency:
Patriot Properties
Listed By:
Chris Gantz · License #58594-90
(608) 393-9540
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 4:24PM
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 Patriot Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains 2,920 square feet across two three-bedroom residences. The 1,660-square-foot unit has three full bathrooms, a family or recreation room, an eat-in kitchen, a private basement, and additional storage. The second residence measures 1,260 square feet and includes two full bathrooms, a family or recreation room, and an eat-in kitchen. Each unit has a primary suite with a private bathroom, in-unit laundry, pantry storage, wood or wood-look flooring, air conditioning, and separately controlled heat.
The property is in Sun Prairie, near shopping, dining, schools, and public transportation.
The property is in Sun Prairie, near shopping, dining, schools, and public transportation.
Key Highlights
- Two residences total 2,920 square feet, with three bedrooms in each unit
- Larger unit: 1,660 square feet, three full bathrooms, private basement, and additional storage
- Second unit: 1,260 square feet and two full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,797
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,940
$535.9K
Cap Rate 7%
$382,814
$382.8K
Cap Rate 9%
$297,744
$297.7K
Market Conditions
NOI Build-Up for 2,920 SF
Gross rent
$40.3K $13.80/SF
− Vacancy
−$2.0K −$0.69/SF
EGI
$38.3K $13.11/SF
− OpEx
−$11.5K −$3.93/SF
NOI
$26.8K $9.18/SF
Area
Dane County, WI
Vacancy
5.00%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,940
Cap Rate 7%
$382,814
Cap Rate 9%
$297,744
Alternative Uses
Best Use
Multifamily LT 5
$382.8K
$335.0K – $446.6K
NOI $26,797 @ 7.0% cap · market cap 3.58%
Second Best
Apartment 5plus
$336.5K
$294.5K – $392.6K
NOI $23,558 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$678.5K
$593.7K – $791.6K
NOI $47,498 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
255
Businesses Nearby
Explore this area
Business Placement
Demographics for 53590, WI
43,684
Population
18,292
Households
2.4
Avg Household Size
37
Median Age
52%
College-Educated
97%
High-School Grad
65.9 sq mi
ZIP Area
663
Density / Sq Mi
$96,497
Median Household Income
$57,711
Median Earnings
$1,375
Median Rent
$354,700
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Dane County, WI
Properties on Market for Duplexes in Dane County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have in-unit laundry, air conditioning, and individually controlled heating.
Where is this duplex located?
The property is located at 2720-2724 Hazelnut Trail Sun Prairie, WI.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two residences total 2,920 square feet, with three bedrooms in each unit; Larger unit: 1,660 square feet, three full bathrooms, private basement, and additional storage; Second unit: 1,260 square feet and two full bathrooms
