0 Parkmeadow North, Beloit, WI 53511 Sold for $6,110,000 on 02/28/2023

0 Parkmeadow North, Beloit BD: 0 BA: 2 $6,110,000 Sold

  • Residential Income
  • Status: Sold
  • County: Rock
  • 0 Full Bathrooms
  • Acreage: 7.17
  • Subdivision: Parkmeadow North
  • Elementary School: Call School District
  • Middle School: Turner
  • High School: Turner
  • Property Taxes: $0
  • Property Tax Year: 2020
  • MLS#: 1939749
  • Listing Company: Best Realty Of Edgerton
  • Zip Code: 53511
  • Number of Units: 22
  • Unit 1 Parking: 2 Car Garage
  • Unit 2 Parking: 2 Car Garage
  • Unit 3 Parking: 2 Car Garage
  • Unit 4 Parking: 2 Car Garage

0 Parkmeadow North, Beloit, WI 53511 - 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.

Additional Features
  • Full, Poured Concrete Foundation, Sump pump
  • Water Waste: Municipal sewer, Municipal water
  • Inclusions: 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.
  • 1 story, New/Never occupied, Other, Under construction
  • Construction Type: E
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1939749 Sold Offer-No Show Feb 28 2023 12:00AM $6,110,000 69
1939749 Sold Offer-No Show Feb 28 2023 12:00AM $6,110,000 69
1939749 Offer-No Show Active Sep 28 2022 9:57AM 69
1939749 Active Jul 20 2022 3:02PM $6,200,000 69

Estimated Monthly Payment

$3,287 per month
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Sandra Carlson

Sandra Carlson

Presenting Agent • 262.492.4475

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