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Property profile & analytics
OFF-MARKET
Apartment buildings
234 Carroll St Waukesha, WI 53186-4951
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US92-1077998
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1900
Total area
2,886 SF
Lot
0.22 ac (9,583 SF)
Zoning code
RM-3
APN
WAKC1308137
UPID
US92-1077998
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jessi M Thomas · 4 yrs held
Jessi M Thomas
since 2021
Last sale
$135,000
5 recorded transactions
Zoning & alternative use
RM-3 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waukesha submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waukesha submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,844
Tax year 2023
Assessed value
$255,300
Assessed 2023
Previous assessed
$165,800
+54.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$110,100
Assessed improvement
$145,200
Total market value
$264,313
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1900
Heating
BASEBOARD
Cooling
NONE
Stories
3
Units
4
Rooms
13
Bathrooms
4
Total area
2,886 SF
Lot
0.22 ac (9,583 SF)
Zoning code
RM-3
APN
WAKC1308137
UPID
US92-1077998
Jurisdiction
WAUKESHA
Zoning & alternative use
RM-3 · Waukesha, WI
Zoning RM-3 · permitted uses
RM-3 · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waukesha. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
BASEBOARD
Cooling
Yes
Stories
3
Units
4
Rooms
13
Bathrooms
4
Lot
0.22 ac
Current owner
From public records · entity-resolved
Jessi M Thomas
Individual
Mailing address
53RD RD Q Q, OKAUCHEE, WI 53069-9761
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2021
—
Gary A Clendenning
—
Deed
related
$100,000 · Waterstone Bank Ssb
Aug 11, 2021
—
Jessi M Thomas
Glenn J Thomas JR
Quit Claim Deed
related
$120,000 · Waterstone Bank Ssb
Sep 23, 2016
—
Gary A Clendenning
—
Deed
related
$150,500 · Waukesha State Bank
Jul 29, 2015
$135,000
Gary A Clendenning
Steckbauer Marion M
Grant Deed
—
—
—
Steckbauer Marion M Tr
—
Deed Of Trust
related
$25,000 · Associated Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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