NOT LISTED FOR SALE

0 Parkmeadow N Beloit, WI 53511

12 Beds
8 Baths
6,666 Sq Ft
7.17 Acres

Last Sold February 28, 2023

Last sale price $6,110,000 $917 Per Sq Ft

69 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Balcony
  • 7.17 Acre Lot
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of February 2023

GREAT INVESTMENT OPPORTUNITY W/ PORTFOLIO OF 22 SINGLE FAMILY HOMES. Estimated cap rate of 5.66% based on estimated annual rental income of over $500,000. Over $700,000 discount based on current list prices & per unit sale price of $45,000 less than the average home sale price by builder in 2022 in the subdivision. Comes w/ a 1 year builder warranty which will help offset some of the upfront costs & maintenance of your typical rental property. Units will have granite counters in kitchen, some LVT flooring, A/C, white trim & cabinets and either pine or white doors. Some photos shown are of similar plan and are virtually staged. They may show upgrades or different finishes. 3D models/floor plans are estimates and may not be exact. Buyer to verify all dimensions & finish details if important.

Last Agent to Sell the Property

Kyle Carrier

Best Realty of Edgerton License #58216-90 Listed on: 07/20/2022

Last Buyer's Agent

Kyle Carrier

Best Realty of Edgerton License #58216-90 Listed on: 07/20/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 7.17 Acre Lot
  • Level Lot

Home Design

  • Poured Concrete
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-in Shower

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Garage
  • 44 Open Parking Spaces
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Balcony

Schools

  • Call School District Elementary School
  • Turner Middle School
  • Turner High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • High Speed Internet

Community Details

  • 22 Units
  • Parkmeadow North Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 2022 | Under Construction

Lot Details

0

Listing Details

  • Municipality: Beloit
  • Status Detail: Sold
  • Mailing City: Beloit
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 1 story, New/Never occupied, Under construction
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Stall shower, Level drive, Level lot
  • Items Excluded: Refrigerator, washer, dryer, fine grade and seed/sod (rough grade only). Optional upgraded landscaping package available.
  • Items Included: 22 stoves (gas), 22 microwaves, 22 dishwashers, 22 garage openers (w/ remotes), 22 patio/decks (patio if no exposure, deck if exposure). Towel bars, toilet paper holders & mirror(s) in all bathrooms. Blacktop driveway, A/C.
  • Miscellaneous: Internet - Cable
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn, Sump pump
  • Number Dish Washers: 22
  • Number Furnaces: 22
  • Number Stoves: 22
  • Number Units W Ac: 22
  • Number Water Heaters: 22

Exterior Features

  • Exterior: Vinyl, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 57
  • Parking Stalls Outside: 44

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

  • School District: Beloit Turner
  • Elementary School: Call School District
  • Middle School: Turner
  • High School: Turner
  • Elementary School: Call School District
  • High School: Turner
  • Middle School: Turner
  • School District: Beloit Turner

Lot Info

  • Estimated Aces: 7.17
  • Zoning: Res

Tax Info

  • Assessment year: 2020
  • Tax Year: 2020
  • Assessor Parcel Number: Multiple

Multi Family

  • Number Of3 Bedrooms: 22
  • Number Of Units: 22

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $6,110,000 -1.5% $917 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $6,200,000 -- $930 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1939749

South Central Wisconsin Multiple Listing Service