Side-by-Side Duplex
405 Foxmead Drive Unit 715 Waterford, WI 53185
405 Foxmead Drive Unit 715, Waterford, WI, 53185
$490,000
For Sale
$490,000
Side-by-side duplex on a large corner lot, with each unit facing a separate street.
Property Size2,464 SF
Price / SF$198.86
Days on Market37
Property Features for 405 Foxmead Drive Unit 715
General Information
- Standard status
- Active
- Size
- 2,464 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1990
Listing agency
Premier Point Realty LLC
(414) 313-4263
Listed by
Jeremy Wartner · License #85500-94
(414) 313-4263
Source
Compass
Added: Jun 16 Updated: Jul 21 at 4:35AM Checked: Jul 22 at 9:04AM
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 Premier Point Realty LLC
Investment Insights
Based on property information with market context.
This side-by-side duplex townhouse features two separate units, each oriented toward a different street, providing privacy for occupants. The property sits on a large corner lot, offering a distinct layout compared to single-street configurations.
The location is described as convenient and is close to Hwys 36 & 20. Each unit’s street-facing orientation supports independent entry and an individual feel within the overall duplex structure.
Overall, the asset presents a duplex configuration with privacy-focused street orientation and a corner-lot setting.
The location is described as convenient and is close to Hwys 36 & 20. Each unit’s street-facing orientation supports independent entry and an individual feel within the overall duplex structure.
Overall, the asset presents a duplex configuration with privacy-focused street orientation and a corner-lot setting.
Key Highlights
- 1990‑built side‑by‑side duplex with full, block basement
- Total 2,464 SF across the two units
- Each unit features 3 bedrooms and 1.5 total bathrooms (1 full and 1 half bath)
Local Financial Insights For Multifamily LT 5
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 | $39.9k | $16.20 |
| − Vacancy | −$1.5k | −$0.62 |
| EGI | $38.4k | $15.58 |
| − OpEx | −$11.5k | −$4.68 |
| NOI | $26.9k | $10.91 |
2,464 SF · lease $16.20/SF/yr · vacancy 3.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$384.0K
$336.0K – $448.0K
NOI $26,880 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$334.5K
$292.7K – $390.3K
NOI $23,418 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$592.5K
$518.5K – $691.3K
NOI $41,478 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Side-by-side duplex on a large corner lot, with each unit facing a separate street.
Where is this duplex located?
The property is located at 405 Foxmead Drive Unit 715 Waterford, WI.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 1990‑built side‑by‑side duplex with full, block basement; Total 2,464 SF across the two units; Each unit features 3 bedrooms and 1.5 total bathrooms (1 full and 1 half bath)
