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Property profile & analytics
OFF-MARKET
Estimated value
$1,770,000
Apartment buildings
4517 Hammersley Rd, Madison, WI 53711-2760
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US92-0647877
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Total area
8,560 SF
Lot
2.24 ac (97,444 SF)
Zoning code
SR-V2
APN
0709-324-0402-6
UPID
US92-0647877
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
-
Nakoma Towers Apartment Complex
-
ZDT Accounting Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.77M
Owner & transaction history
Nakoma Commons LLC · 6 yrs held
Nakoma Commons LLC
since 2019
6 recorded transactions
Zoning & alternative use
SR-V2 · Madison, 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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,750,000
6.5%
$1,615,000
7%
$1,500,000
Blend value · Realmo final
$1.77M
Range $1.59M – $1.95M · ±10%
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
$207 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$86,112
Tax year 2022
Assessed value
$5,130,000
Assessed 2023
Previous assessed
$4,350,000
+17.9% YoY
Effective rate
1.68%
On assessed value
Assessed land
$610,000
Assessed improvement
$4,520,000
Applied tax rate
3,269.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1986
Heating
NONE
Buildings
3
Stories
2
Units
76
Total area
8,560 SF
Lot
2.24 ac (97,444 SF)
Zoning code
SR-V2
APN
0709-324-0402-6
UPID
US92-0647877
Jurisdiction
DANE
Zoning & alternative use
SR-V2 · Madison, WI
Zoning SR-V2 · permitted uses
SR-V2 · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
2
Buildings
3
Units
76
Lot
2.24 ac
Current owner
From public records · entity-resolved
Nakoma Commons LLC
Entity
Mailing address
1609 MONROE ST, MADISON, WI 53711-2021
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2019
$4,350,000
Nakoma Commons LLC
Fisher Family Co LLC
Warranty Deed
—
Nov 15, 2013
$7,800
Department Of Transportation
Fisher Family Co LLC
Grant Deed
—
Apr 15, 2013
$7,800
Department Of Transportation
Fisher Family Co LLC
Warranty Deed
—
—
—
Fisher Family Co LLC
—
Deed Of Trust
related
$2,730,000 · Amerisphere Multifamily Fin Ll
—
—
Fisher Family Co LLC
—
Deed Of Trust
related
$2,576,634 · Jerome M Fisher
—
—
Fisher Family Co LLC
—
Deed Of Trust
related
$2,600,000 · M & I Marshall & Isley 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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