One-Bedroom Residential Income
For Sale
Contact for pricing
431 Water St Unit 308, Prairie du Sac, WI 53578
Apartment includes a private balcony, equipped kitchen, and laundry hookups.
Property Size750 SF
Price / SF$1.79
Days on Market54
Property Features for 431 Water St Unit 308
General Information
Standard status
Active
Size
750 SF
Property subtype
Multi-Family
Listing Agency:
American, REALTORS
Listed By:
David Baehr · License #5260990
(608) 213-6686
Source:
Madisonareahomesforsale
Added: Aug 31
Changed: Oct 15
Last Checked: Oct 23 at 7:46AM
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 American, REALTORS
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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 750 SF, one-bedroom, one-bathroom apartment is located within the Eagle Pointe complex. The residence features an open interior with carpeted living areas, hardwood-style flooring in select spaces, ceiling fans, and abundant natural light. Kitchen appliances include a dishwasher, refrigerator, stove, and oven. Additional interior features include air conditioning, heating, climate control, modern bathroom mirrors, and a linen closet. Laundry hookups are also provided.
The property sits across from the Wisconsin River in Prairie du Sac, with downtown shops, restaurants, parks, and river-oriented outdoor recreation nearby. Building amenities and policies include controlled access and a dog-friendly environment.
The property sits across from the Wisconsin River in Prairie du Sac, with downtown shops, restaurants, parks, and river-oriented outdoor recreation nearby. Building amenities and policies include controlled access and a dog-friendly environment.
Key Highlights
- 750 SF apartment with 1 bedroom and 1 bathroom
- Private balcony within the Eagle Pointe complex
- Kitchen includes dishwasher, refrigerator, stove, and oven
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,207
Suggested Prices Based on Cap Rates
Cap Rate 5%
$124,140
$124.1K
Cap Rate 7%
$88,671
$88.7K
Cap Rate 9%
$68,967
$69.0K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$11.9K $15.84/SF
− Vacancy
−$594 −$0.79/SF
EGI
$11.3K $15.05/SF
− OpEx
−$5.1K −$6.77/SF
NOI
$6.2K $8.28/SF
Area
Sauk County, WI
Vacancy
5.00%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$124,140
Cap Rate 7%
$88,671
Cap Rate 9%
$68,967
Alternative Uses
Best Use
Apartment 5plus
$88.7K
$77.6K – $103.5K
NOI $6,207 @ 7.0% cap · market cap 461.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$151.8K
$132.8K – $177.1K
NOI $10,627 @ 7.0% cap · market cap 790.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
231
Businesses Nearby
Explore this area
Business Placement
Demographics for 53578, WI
6,556
Population
2,779
Households
2.4
Avg Household Size
42
Median Age
41%
College-Educated
95%
High-School Grad
43.1 sq mi
ZIP Area
152
Density / Sq Mi
$100,194
Median Household Income
$51,196
Median Earnings
$1,141
Median Rent
$333,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Apartment includes a private balcony, equipped kitchen, and laundry hookups.
Where is this residential income property located?
The property is located at 431 Water St Unit 308 Prairie du Sac, WI.
What are key features of this property?
This property features: 750 SF apartment with 1 bedroom and 1 bathroom; Private balcony within the Eagle Pointe complex; Kitchen includes dishwasher, refrigerator, stove, and oven
