Single-Level Residential Income
For Sale
$270,000
630 Riverview Court, Jefferson, WI 53549
2003-built condominium residence with two bedrooms, two full baths, and radiant in-floor heating.
Property Size1,460 SF
Price / SF$184.93
Days on Market158
Property Features for 630 Riverview Court
General Information
Standard status
Active
Size
1,460 SF
Property subtype
Condo / Ranch-1 Story
Zoning
Res
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,754
Amenities
Sellers personal property.
Refrigerator, Oven/Range, Microwave, Dishwasher and Water Softener
Radiant, Central air, In Floor Radiant Heat
Walk-in closet(s), Water softener included, Cable/Satellite Available, At Least 1 tub
Vinyl
Gas, 1 fireplace
Private Entry, Cul de Sac
Building Details
Year Built
2003
Stories
1
Construction
ranch-style
Listing Agency:
First Weber Inc
(920) 650-6080
Listed By:
Abe Yanko · License #78990-94
(920) 650-6080
Source:
Compass
Added: Mar 26
Changed: Aug 30
Last Checked: Aug 30 at 8:18PM
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 First Weber Inc
Investment Insights
Based on property information with market context.
This 2003-built condominium residence provides 1,460 square feet of single-level living with two bedrooms and two full baths. The interior includes an open-concept layout, radiant in-floor heating, central air, a fireplace, and a walk-in closet. The kitchen is equipped with a refrigerator, oven/range, microwave, dishwasher, and water softener. Vinyl exterior siding and a private entry complete the physical improvements.
Located at 630 Riverview Court in Jefferson, Wisconsin, the property is positioned on a cul-de-sac near the Rock River. The residence also offers access to Jefferson’s historic downtown and amenities, with residential zoning identified as Res.
Located at 630 Riverview Court in Jefferson, Wisconsin, the property is positioned on a cul-de-sac near the Rock River. The residence also offers access to Jefferson’s historic downtown and amenities, with residential zoning identified as Res.
Key Highlights
- 1,460‑square‑foot condominium residence built in 2003
- Two bedrooms and two full baths in a single‑level layout
- Radiant in‑floor heating with central air
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
$13,702
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
5.07%
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%
$274,040
$274.0K
Cap Rate 7%
$195,743
$195.7K
Cap Rate 9%
$152,244
$152.2K
Market Conditions
NOI Build-Up for 1,460 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
$26.3K $18.00/SF
− Vacancy
−$1.4K −$0.94/SF
EGI
$24.9K $17.06/SF
− OpEx
−$11.2K −$7.68/SF
NOI
$13.7K $9.39/SF
Area
Jefferson County, WI
Vacancy
5.20%
Lease Rate
$18.00 /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%
$274,040
Cap Rate 7%
$195,743
Cap Rate 9%
$152,244
Alternative Uses
Best Use
Apartment 5plus
$195.7K
$171.3K – $228.4K
NOI $13,702 @ 7.0% cap · market cap 5.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$342.7K
$299.9K – $399.8K
NOI $23,988 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
Explore this area
Business Placement
Demographics for 53549, WI
10,199
Population
4,544
Households
2.2
Avg Household Size
43
Median Age
23%
College-Educated
92%
High-School Grad
71.1 sq mi
ZIP Area
143
Density / Sq Mi
$78,058
Median Household Income
$47,266
Median Earnings
$1,035
Median Rent
$247,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - 2003-built condominium residence with two bedrooms, two full baths, and radiant in-floor heating.
Where is this residential income property located?
The property is located at 630 Riverview Court Jefferson, WI.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 1,460‑square‑foot condominium residence built in 2003; Two bedrooms and two full baths in a single‑level layout; Radiant in‑floor heating with central air
