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Ranch Residential Income Property
For Sale
$325,000

4707 Burma Road Unit G, Mc Farland, WI 53558

Ranch-style condominium with private outdoor space, attached garage, and finished lower-level family room.

Property Size1,527 SF
Price / SF$212.84
Days on Market310

Property Features for 4707 Burma Road Unit G

General Information

Standard status Active
Size 1,527 SF
Total Parking Spaces 1
Property subtype Condo / Ranch-1 Story
Zoning Res

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $4,310

Amenities

vaulted ceilings
gas fireplace
deck
skylight
solid surface countertops
stainless steel appliances
pantry
first-floor laundry
en suite bath
walk-in shower
finished lower level
Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal, Water softener, Washer, Dryer, All window coverings, RO System
Forced air, Central air
Wood or sim. wood floors, Vaulted ceiling, Skylight(s), Washer, Dryer, Water softener included, Cable/Satellite Available, At Least 1 tub
Wood, Brick
Gas, 1 fireplace
Private Entry, Deck/Balcony

Building Details

Year Built 1987
Listing Agency: Bunbury & Assoc, REALTORS
Listed By: Megan Roth-Markham · License #47598-94
Source: Compass
Added: Oct 26, 2025 Changed: Aug 29 Last Checked: Aug 29 at 9:42PM

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 Bunbury & Assoc, REALTORS

Investment Insights

Based on property information with market context.

This ranch-style residential income property offers an open main-level arrangement with vaulted ceilings spanning the living room, dinette, and kitchen. The kitchen includes solid-surface countertops, stainless steel appliances, a pantry, skylight, and included water softener. The home also provides first-floor laundry, forced-air heat, central air, wood or simulated wood flooring, and a gas fireplace. A private composite deck extends from the living area, while the attached one-car garage has direct interior access.

The primary bedroom includes double closets and an en suite bathroom with a tub and shower combination. A second bedroom and another full bathroom with a walk-in shower add flexibility. The finished lower level contains a family room and additional storage or expansion space. Built in 1987, the property is zoned Res and located at 4707 Burma Road, Unit G, in McFarland, Wisconsin.

Key Highlights

  • Ranch‑style condominium with 1,527 square feet of property size
  • Finished lower level with family room and additional storage or expansion space
  • Private composite deck and direct‑entry attached 1‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,320
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.79%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$246,400 $246.4K
Cap Rate 7%
$176,000 $176.0K
Cap Rate 9%
$136,889 $136.9K
Market Conditions
NOI Build-Up for 1,527 SF 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.
Gross rent
$23.5K $15.36/SF
− Vacancy
−$1.1K −$0.69/SF
EGI
$22.4K $14.67/SF
− OpEx
−$10.1K −$6.60/SF
NOI
$12.3K $8.07/SF
Area
Dane County, WI
Vacancy
4.50%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$246,400
Cap Rate 7%
$176,000
Cap Rate 9%
$136,889

Alternative Uses

Best Use
Apartment 5plus
$176.0K
$154.0K – $205.3K (±1% cap)
NOI $12,320 @ 7.0% cap · market cap 3.79%
Second Best
no second resolved use
Theoretical Best
Office A
$354.8K
$310.5K – $414.0K (±1% cap)
NOI $24,839 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Nail Salon Auto Repair Shop Dental Office Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

325
Businesses Nearby

Demographics for 53558, WI

12,666
Population
5,414
Households
2.3
Avg Household Size
41
Median Age
49%
College-Educated
98%
High-School Grad
17.4 sq mi
ZIP Area
728
Density / Sq Mi
$107,167
Median Household Income
$62,390
Median Earnings
$1,501
Median Rent
$377,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Ranch-style condominium with private outdoor space, attached garage, and finished lower-level family room.
Where is this residential income property located?
The property is located at 4707 Burma Road Unit G Mc Farland, WI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Ranch‑style condominium with 1,527 square feet of property size; Finished lower level with family room and additional storage or expansion space; Private composite deck and direct‑entry attached 1‑car garage
More about this property
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