Back to Search
Property profile & analytics
OFF-MARKET
Residential income homes
3825 60th St Milwaukee, WI 53216-2145
Entity Owned
4-yr Hold
Property ID
US92-1802789
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1951
Total area
3,060 SF
Lot
0.21 ac (9,009 SF)
Zoning code
RM1
APN
265-0602-000
UPID
US92-1802789
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
Alchemy Property LLC · 4 yrs held
Alchemy Property LLC
since 2021
Last sale
$224,900
7 recorded transactions
Zoning & alternative use
RM1 · Milwaukee, 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 Milwaukee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukee 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 2022Property tax & assessments
Tax year 2022
Tax billed
$3,788
Tax year 2022
Assessed value
$159,100
Assessed 2022
Previous assessed
$159,100
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$15,000
Assessed improvement
$144,100
Land market value
$15,000
Improvement market value
$144,100
Total market value
$159,100
Applied tax rate
1.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1951
Heating
YES
Stories
2
Units
4
Rooms
12
Bathrooms
1
Total area
3,060 SF
Lot
0.21 ac (9,009 SF)
Zoning code
RM1
APN
265-0602-000
UPID
US92-1802789
Jurisdiction
MILWAUKEE
Zoning & alternative use
RM1 · Milwaukee, WI
Zoning RM1 · permitted uses
RM1 · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Heating
YES
Stories
2
Units
4
Rooms
12
Bathrooms
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Alchemy Property LLC
Entity
Mailing address
2555 S CALHOUN RD APT #108, NEW BERLIN, WI 53151-2771
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2021
—
Alchemy Property LLC
Leon Brown
Quit Claim Deed
related
—
Nov 16, 2020
$224,900
Leon Brown
Agostino Azzarello
Warranty Deed
$220,797 · Land-home Financial Services
Nov 13, 2020
—
Agostino Azzarello
3825 North 60th LLC
Quit Claim Deed
related
—
Mar 28, 2018
$136,000
3825 North 60th LLC
Agostino Azzarello
Quit Claim Deed
related
—
Dec 16, 2011
$18,700
Militello,giuseppe & Josephine
Josephine Militello
Quit Claim Deed
related
—
Feb 24, 2011
$112,000
Josephine Militello
Anchor Bank Fsb
Special Warranty Deed
$84,000 · Carnegie Mortgage LLC
Aug 10, 2009
$205,000
Anchorbank Fsb
Inspector Of Milwaukee County
Foreclosure
related
—
Oct 20, 2005
$235,000
Neighborhood Growth LLC
Patrick J Cannon
Warranty Deed
$189,000 · Anchorbank Fsb
Sep 3, 2004
$175,000
Cannon,patrick J & Linda M
Larry E Martin
Warranty Deed
$122,500 · Sunset Bk & Svgs
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3825 60th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
