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Property profile & analytics
OFF-MARKET
Estimated value
$2,130,000
Apartment buildings
411 Dodie Dr Waukesha, WI 53189-7452
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US92-0058220
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
FRAME
Total area
3,264 SF
Lot
0.24 ac (10,454 SF)
Zoning code
RM-3
APN
WAKC1353393
UPID
US92-0058220
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
$2.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$2.13M
Owner & transaction history
Cora Properties LLC · 1 yrs held
Cora Properties LLC
since 2025
Last sale
$2.2M
7 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
Method
Estimation
Statistic approach
$2,050,000
ML approach
$2,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.13M
Range $1.92M – $2.34M · ±10% · vs last sale $2.18M (Nov 28 2024)
Last sale anchor
$2.18M
Nov 28 2024
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
$653 / 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
$12,589
Tax year 2023
Assessed value
$321,500
Assessed 2023
Previous assessed
$292,300
+10.0% YoY
Effective rate
3.92%
On assessed value
Assessed land
$74,000
Assessed improvement
$247,500
Total market value
$332,850
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
1959
Construction
FRAME
Heating
BASEBOARD
Cooling
NONE
Stories
2
Units
4
Rooms
16
Bathrooms
4
Total area
3,264 SF
Lot
0.24 ac (10,454 SF)
Zoning code
RM-3
APN
WAKC1353393
UPID
US92-0058220
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
1959
Construction
FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
2
Units
4
Rooms
16
Bathrooms
4
Lot
0.24 ac
Current owner
From public records · entity-resolved
Cora Properties LLC
Entity
Mailing address
285TH RUDDY DUCK RUN, WAUKESHA, WI 53189-8911
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
$2,175,000
Cora Properties LLC
S&s Grounds LLC
Warranty Deed
$1,740,000 · Educators Cu
Mar 13, 2020
$1,595,000
S&s Grounds LLC
Historic Prairieville LP
Warranty Deed
$1,276,000 · Waukesha State Bank
Jul 28, 2009
—
Historic Prairieville
Schafberg Investments LLC
Grant Deed
$1,843,508 · Waterstone Bank
Nov 18, 2008
—
Schafberg Investments LLC
—
Deed Of Trust
related
$1,855,500 · Waterstone Bank
Aug 27, 2004
$1,900,000
Schafberg Investments LLC
Historic Prairieville
Warranty Deed
$1,500,000 · Waukesha State Bank
Dec 22, 1999
—
Historic Prairieville LP
Huelsman,a W & Joanne B
Grant Deed
related
—
Jun 29, 1998
$1,060,000
A W Huelsman
Sweitzer,james E & Diane M
Grant Deed
$795,000 · Catholic Family Life Ins
—
—
Schafberg Investments LLC
—
Deed Of Trust
related
$423,424 · Historic Prairieville LP
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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