NOT LISTED FOR SALE

2501 Calypso Rd Madison, WI 53704

Brentwood Village Neighborhood
8 Beds
4 Baths
3,200 Sq Ft
0.57 Acres Lot

Sale Details

Date Sold: April 20, 2023

Last sale price $1,775,000 $555 Per Sq Ft

19 Days on Market

Highlights

  • 0.57 Acre Lot
  • Main Floor Bedroom
  • Detached Garage
  • Open Floorplan
  • Balcony
  • Accessible Bedroom

About This Home

As of April 2023

2/solid brick 8/unit buildings with hip roofs for the Wisconsin weather. Good location, good properties at 2501 and 2505 Calypso Rd. All newer mechanicals including water softeners and lots of newer remodeling. Near Lake Mendota, Warner Park, bike trails, Cherokee Marsh, shopping, and bus lines. This property is very easy to operate by any owner or management staff. The buildings can also be purchased separately for $930,000 each (see MLS #1950296). Gross year rents are $109,800 for 2501 Calypso Rd & $106,200 for 2505 Calypso Rd.

Last Agent to Sell the Property

Jim White

Investment Brokers Realty License #49584-90 Listed on: 02/15/2023

Last Buyer's Agent

Derek Mengar

Sprinkman Real Estate License #81094-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,097

Year Built

  • Built in 1964

Lot Details

  • 24,829 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Dining Room
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Detached Garage
  • 16 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

  • Emerson Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned
  • High Speed Internet
  • Internet Available

Additional Features

  • Balcony
  • Property is near bus stop

Community Details

  • 16 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,097

Year Built

Built in 1964

Lot Details

0.57 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Level drive, Level lot, Width of hallways 36"+, Door openings 36" or more, Low pile or no carpeting
  • Items Excluded: Owner/tenants personal property
  • Items Included: 16-stoves, 16 Refrigerators, 16 wall A/C units, all ceiling fans, all window treatments, 2 water softeners, 4 water heaters at 80 gallons each and 2 gas boilers (newer)
  • Miscellaneous: Close to bus line, Water Softener Owned, Internet - Cable, Internet - DSL, Internet - Satellite/Dish
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn, Sump pump
  • Number Units W Ac: 16
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Steam
  • Parking Stalls Outside: 16

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Detached, 1 space, Outside
  • Utilities: Separate elec meters

Schools

  • Elementary School: Emerson
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.57
  • Zoning: SR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 216000

Tax Info

  • Net Taxes: 28097
  • Tax Year: 2022
  • Assessor Parcel Number: multiple

Multi Family

  • Number Of2 Bedrooms: 16
  • Number Of Units: 16
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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 List to Sale Price per Sq Ft
04/20/2023 04/20/23 Sold $1,775,000 -1.4% $555 / Sq Ft
02/15/2023 02/15/23 For Sale $1,800,000 -- $563 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jim White

    Investment Brokers Realty

    (608) 692-8156

    1 in this area

    7 Total Sales

    Jim White
    Section Image
  • Derek Mengar

    Buyer's Agent in 2023

    Derek Mengar

    Sprinkman Real Estate

    (608) 219-7141

    1 in this area

    22 Total Sales

    Derek Mengar
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1950294

South Central Wisconsin Multiple Listing Service
Wisconsin Dane County Madison 53704 Brentwood Village

2501 Calypso Rd, Madison, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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