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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Apartment buildings
411 Darlene Dr Waukesha, WI 53189-7572
Entity Owned
4-yr Hold
Free & Clear
Property ID
US92-3272576
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2006
Construction
FRAME
Total area
6,648 SF
Lot
0.4 ac (17,424 SF)
Zoning code
RM-1
APN
WAKC1356329001
UPID
US92-3272576
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
Current use
Occupant on record · Public records
-
NAGUARA EXPORT Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$651k
Blend (final)
Blend
$755k
Owner & transaction history
411 Darlene LLC · 4 yrs held
411 Darlene LLC
since 2022
Last sale
$495,000
3 recorded transactions
Zoning & alternative use
RM-1 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for multiple family residential development at densities not to exceed 17.4 dwelling units per net acre for efficiency units; 14.5 dwelling units per net acre for one bedroom units; 12.4 dwelling units per net acre for two bedroom units; 10.9 dwelling units per acre for three bedroom or larger units, 9.7 dwelling units per net acre for two family…
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
391.89 ac
Source
Realmo
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
Method
Estimation
Statistic approach
$890,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $495k (Jun 23 2022)
Last sale anchor
$495k
Jun 23 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$114 / SF
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
$9,774
Tax year 2023
Assessed value
$648,700
Assessed 2023
Previous assessed
$529,200
+22.6% YoY
Effective rate
1.51%
On assessed value
Assessed land
$129,300
Assessed improvement
$519,400
Total market value
$671,602
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
2006
Construction
FRAME
Heating
BASEBOARD
Cooling
CENTRAL
Stories
2
Units
4
Rooms
16
Bathrooms
8
Total area
6,648 SF
Lot
0.4 ac (17,424 SF)
Zoning code
RM-1
APN
WAKC1356329001
UPID
US92-3272576
Jurisdiction
WAUKESHA
Zoning & alternative use
RM-1 · Waukesha, WIZoning RM-1 · permitted uses
RM-1 · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide for multiple family residential development at densities not to exceed 17.4 dwelling units per net acre for efficiency units; 14.5 dwelling units per net acre for one bedroom units; 12.4 dwelling units per net acre for two bedroom units; 10.9 dwelling units per acre for three bedroom or larger units, 9.7 dwelling units per net acre for two family units; and 5.5 dwelling units per net acre for single family dwellings
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
391.89 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2006
Construction
FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
2
Units
4
Rooms
16
Bathrooms
8
Lot
0.4 ac
Current owner
From public records · entity-resolved
411 Darlene LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4410 SOUTHDOWN DR, WATERFORD, WI 53185-3856
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2022
—
411 Darlene LLC
Kindler Trust
Quit Claim Deed
related
—
Jun 19, 2020
—
Kindler,david & Lori Trust
David A Kindler
Quit Claim Deed
related
—
Nov 11, 2011
$495,000
David A Kindler
Rwr Rentals LLC
Warranty Deed
$371,250 · Citizens Bank Of Mukwonago
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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