Ranch-Style Duplex with
5603 Calico Drive Madison, WI 53718
For Sale
$430,000
Pending
Bright ranch-style duplex with vaulted ceilings, skylights, and a finished lower level with walk-out access.
Property Size2,650 SF
Days on Market195
Property Features for 5603 Calico Drive
General Information
- Standard status
- Pending
- Size
- 2,650 SF
- Property subtype
- Condo / Ranch-1 Story
Building Details
- Year Built
- 2002
Listing Agency:
Real Broker LLC
(608) 527-0753
Listed By:
Marine Yoo · License #58777-90
(608) 527-0753
Source:
Compass
Added: Jan 11
Changed: Jul 23
Last Checked: Jul 23 at 8:29AM
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 Real Broker LLC
Investment Insights
Based on property information with market context.
Welcome to a bright and airy ranch-style duplex at 5603 Calico Drive in Madison, WI. The main living spaces feature vaulted ceilings and skylights, creating an open, naturally lit atmosphere. Acacia wood floors add warmth and character throughout the main level. A south-facing sunroom provides a comfortable spot for year-round relaxation.
The finished lower level offers additional living space with a cozy gas fireplace and walk-out access. The property backs up to peaceful green space, offering privacy and serene views while remaining close to what Madison has to offer. A two-car garage provides convenient parking and additional storage.
This duplex presents a comfortable, light-filled layout with interior finishes on both levels and direct outdoor connection from the lower level via the walk-out area.
The finished lower level offers additional living space with a cozy gas fireplace and walk-out access. The property backs up to peaceful green space, offering privacy and serene views while remaining close to what Madison has to offer. A two-car garage provides convenient parking and additional storage.
This duplex presents a comfortable, light-filled layout with interior finishes on both levels and direct outdoor connection from the lower level via the walk-out area.
Key Highlights
- Ranch‑style duplex built in 2002 with bright, open main living space
- Vaulted ceilings and skylights; south‑facing sunroom for year‑round relaxation
- Gas fireplace in main living area and an additional gas fireplace in the finished lower level
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 | $52.5k | $19.80 |
| − Vacancy | −$2.4k | −$0.89 |
| EGI | $50.1k | $18.91 |
| − OpEx | −$15.0k | −$5.67 |
| NOI | $35.1k | $13.24 |
2,650 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$501.1K
$438.5K – $584.6K
NOI $35,076 @ 7.0% cap · market cap 8.16%
Second Best
Apartment 5plus
$464.4K
$406.3K – $541.8K
NOI $32,506 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$774.1K
$677.3K – $903.1K
NOI $54,187 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Bright ranch-style duplex with vaulted ceilings, skylights, and a finished lower level with walk-out access.
Where is this duplex located?
The property is located at 5603 Calico Drive Madison, WI.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Ranch‑style duplex built in 2002 with bright, open main living space; Vaulted ceilings and skylights; south‑facing sunroom for year‑round relaxation; Gas fireplace in main living area and an additional gas fireplace in the finished lower level
