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Property profile & analytics
OFF-MARKET
Apartment buildings
818 Vernon Ave Madison, WI 53714-3278
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US92-1250723
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Total area
3,696 SF
Lot
0.37 ac (16,000 SF)
Zoning code
SR-V1
APN
0710-102-0602-9
UPID
US92-1250723
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
-
Ad Home Improvement General Contractor
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
4713 Cottage Grove Road Madison LLC · 4 yrs held
4713 Cottage Grove Road Madison LLC
since 2021
Last sale
$17.8M
5 recorded transactions
Zoning & alternative use
SR-V1 · 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
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
$13,984
Tax year 2022
Assessed value
$710,000
Assessed 2023
Previous assessed
$710,000
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$90,000
Assessed improvement
$620,000
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
1971
Heating
NONE
Stories
2
Units
8
Total area
3,696 SF
Lot
0.37 ac (16,000 SF)
Zoning code
SR-V1
APN
0710-102-0602-9
UPID
US92-1250723
Jurisdiction
DANE
Zoning & alternative use
SR-V1 · Madison, WI
Zoning SR-V1 · permitted uses
SR-V1 · 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
1971
Heating
NONE
Stories
2
Units
8
Lot
0.37 ac
Current owner
From public records · entity-resolved
4713 Cottage Grove Road Madison LLC
Entity
Mailing address
780 3RD AVE RM #4400, NEW YORK, NY 10017-2012
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2021
$17,800,000
4713 Cottage Grove Road Madison LLC
Madison Apartments 1 LLC
Special Warranty Deed
$17,200,000 · Bds IV Mortgage Capital W LLC
Mar 21, 2017
—
Madison Apartments 1 LLC
—
Grant Deed
related
$11,300,000 · Keybank USA
May 25, 2016
—
Madison Apartments 1 LLC
—
Deed
related
$7,560,000 · Keybank USA
Jul 17, 2013
$2,774,400
Madison Apartments 1 LLC
Meadowood East LLC
Grant Deed
$15,930,000 · Key Bank NA
—
—
Madison Apartments 1 LLC
—
Deed Of Trust
related
$7,560,000 · Keybank USA
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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