Updated Condo Unit with Walkout
3027 Providence Street Unit 4 Sun Prairie, WI 53590
For Sale
$299,900
Move-in ready condo featuring a walkout patio overlooking green space and a walking path.
Property Size1,463 SF
Price / SF$204.99
Days on Market214
Property Features for 3027 Providence Street Unit 4
General Information
- Standard status
- Active
- Size
- 1,463 SF
- Property subtype
- Condo / Ranch-1 Story
Building Details
- Year Built
- 2003
Listing Agency:
First Weber Inc
(608) 712-6733
Listed By:
Paula Woodward · License #46801-94
(608) 712-6733
Source:
Compass
Added: Dec 21, 2025
Changed: Jul 22
Last Checked: Jul 22 at 5:52PM
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 First Weber Inc
Investment Insights
Based on property information with market context.
This updated condo offers a move-in ready interior with a walkout patio that looks out to green space and a walking path. The kitchen includes soft-closing cabinets and updated surfaces, including Cambria quartz countertops. Appliances were refreshed in 2024, with LG appliances new in 2024 and a Bosch dishwasher. A new washer and dryer were installed in 2024.
Additional recent improvements include new carpet in the bedrooms in 2023 and wood flooring added in 2024. The A/C was replaced in summer 2025. Measurements are approximate, and the buyer should verify any material.
Additional recent improvements include new carpet in the bedrooms in 2023 and wood flooring added in 2024. The A/C was replaced in summer 2025. Measurements are approximate, and the buyer should verify any material.
Key Highlights
- Move‑in ready condo with a walkout patio overlooking green space and a walking path
- Newer appliances: LG appliances new in 2024; includes Bosch dishwasher, refrigerator, stove, washer, and dryer
- Kitchen updates include Cambria quartz countertops and soft‑close cabinets
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.5k | $15.36 |
| − Vacancy | −$1.0k | −$0.69 |
| EGI | $21.5k | $14.67 |
| − OpEx | −$9.7k | −$6.60 |
| NOI | $11.8k | $8.07 |
1,463 SF · lease $15.36/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$168.6K
$147.5K – $196.7K
NOI $11,803 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$340.0K
$297.5K – $396.6K
NOI $23,798 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
PCA
Medical Clinic
Providence Developments
General Contractor
FAQs
What type of property is this?
Residential income property - Move-in ready condo featuring a walkout patio overlooking green space and a walking path.
Where is this residential income property located?
The property is located at 3027 Providence Street Unit 4 Sun Prairie, WI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Move‑in ready condo with a walkout patio overlooking green space and a walking path; Newer appliances: LG appliances new in 2024; includes Bosch dishwasher, refrigerator, stove, washer, and dryer; Kitchen updates include Cambria quartz countertops and soft‑close cabinets
