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Property profile & analytics
OFF-MARKET
Estimated value
$415,000
Apartment buildings
5 Adeline Cir Madison, WI 53713-3804
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US92-0925274
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Total area
3,825 SF
Lot
0.38 ac (16,427 SF)
Zoning code
SR-V2
APN
0709-353-0207-9
UPID
US92-0925274
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
-
Adeline Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
$720k
Comparable Approach
Comparable
$415k
Blend (final)
Blend
$415k
Owner & transaction history
Jek Apartments LLC · 8 yrs held
Jek Apartments LLC
since 2018
1 recorded transaction
Zoning & alternative use
SR-V2 · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The SR-V Districts are established to stabilize and protect the essential characteristics of residential areas of varying densities and housing types typically located in the outlying parts of the City and to promote and encourage a suitable environment for family life while accommodating a full range of life cycle housing
Zone name
Suburban Residential Varied District 2
General category
RESIDENTIAL
Zone area
1,432.91 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 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
$415,000
CAP Approach
CAP Return
Estimation
6%
$780,000
6.5%
$720,000
7%
$670,000
Blend value · Realmo final
$415k
Range $374k – $457k · ±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
$108 / 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
$12,003
Tax year 2022
Assessed value
$690,000
Assessed 2023
Previous assessed
$610,000
+13.1% YoY
Effective rate
1.74%
On assessed value
Assessed land
$50,000
Assessed improvement
$640,000
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
1964
Heating
NONE
Buildings
2
Stories
2
Units
8
Total area
3,825 SF
Lot
0.38 ac (16,427 SF)
Zoning code
SR-V2
APN
0709-353-0207-9
UPID
US92-0925274
Jurisdiction
DANE
Zoning & alternative use
SR-V2 · Madison, WIZoning 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
Zoning description
The SR-V Districts are established to stabilize and protect the essential characteristics of residential areas of varying densities and housing types typically located in the outlying parts of the City and to promote and encourage a suitable environment for family life while accommodating a full range of life cycle housing
Zone name
Suburban Residential Varied District 2
General category
RESIDENTIAL
Zone area
1,432.91 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
2
Buildings
2
Units
8
Lot
0.38 ac
Current owner
From public records · entity-resolved
Jek Apartments LLC
Entity
Mailing address
1214 ANN ST, MADISON, WI 53713-2410
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2018
$1,045,100
Jek Apartments LLC
Adeline Circle LLC
Warranty Deed
$840,000 · Bank Of Sun Prairie
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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