Updated Zero-Entrance
407 East Unit 4 Belleville, WI 53508
For Sale
$295,000
Move-in ready condo with newly painted interiors, new flooring, updated kitchen, and both patio and front porch.
Property Size1,240 SF
Price / SF$237.90
Days on Market77
Property Features for 407 East Unit 4
General Information
- Standard status
- Active
- Size
- 1,240 SF
- Property subtype
- Condo / Ranch-1 Story
Building Details
- Year Built
- 2007
Listing Agency:
Restaino & Associates
(608) 290-7112
Listed By:
Lorri & Tanya Team
(608) 290-7112
Source:
Compass
Added: May 8
Changed: Jul 23
Last Checked: Jul 23 at 6:26PM
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 Restaino & Associates
Investment Insights
Based on property information with market context.
This zero-entrance condo offers an open, easy-flow layout designed for comfortable everyday living. The updated kitchen features newly painted cabinets and light fixtures, complemented by a breakfast bar and dining area for hosting. A fireplace adds a cozy focal point for relaxing during cooler seasons. Outside, enjoy both a patio and a front porch for morning or evening downtime.
The condo has been painted throughout, with new flooring in the living room and bedrooms, supporting a well-maintained feel. Located in Belleville, it provides easy access to anywhere.
Overall, the home is presented in ready-to-move condition with interior updates and practical indoor-outdoor spaces.
The condo has been painted throughout, with new flooring in the living room and bedrooms, supporting a well-maintained feel. Located in Belleville, it provides easy access to anywhere.
Overall, the home is presented in ready-to-move condition with interior updates and practical indoor-outdoor spaces.
Key Highlights
- Zero‑entrance condo built in 2007 with private entry
- Updated kitchen and newly painted cabinets plus light fixtures
- New flooring in the living room and bedrooms and the entire condo was painted
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 | $19.0k | $15.36 |
| − Vacancy | −$857 | −$0.69 |
| EGI | $18.2k | $14.67 |
| − OpEx | −$8.2k | −$6.60 |
| NOI | $10.0k | $8.07 |
1,240 SF · lease $15.36/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$142.9K
$125.1K – $166.7K
NOI $10,004 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$288.1K
$252.1K – $336.2K
NOI $20,170 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - Move-in ready condo with newly painted interiors, new flooring, updated kitchen, and both patio and front porch.
Where is this residential income property located?
The property is located at 407 East Unit 4 Belleville, WI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Zero‑entrance condo built in 2007 with private entry; Updated kitchen and newly painted cabinets plus light fixtures; New flooring in the living room and bedrooms and the entire condo was painted
