402 Rustic Drive Madison, WI ^$ 1,600,000

402 Rustic Drive

^$ 1,600,000

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Recently Listed

402 Rustic Drive

Madison, WI, 53718

^$ 1,600,000

Bedrooms3 Baths3.0 Sq 1,497

Monthly Estimate*

^$ 10,634

Listed by Sprinkman Real Estate

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Multi-Family Home for sale in Madison, WI

for $1,600,000 with 3 bedrooms and 3 full baths. This 1,497 square foot home was built in 2001 on a lot size of 1.17.

Ten bedrooms and 9.5 baths. Currently used as a licensed adult family home. There are 5 studio suites with kitchenettes, full accessible private bathrooms, and minisplit (private HVAC). Private office, Open floor plan, large kitchen with walk-in pantry. 3 additional main floor bedrooms and 3 full baths. 2 rooms have a jack/jill bath to share, one is a full suite with full kitchen and stubbed for shower & toilet and his/hers walk in closets, 3 bedroom has a bath just next to it but not adjoining. Finished lower level with 1 bedroom, kitchen, living room 3 sided fireplace, separate entrance from garage. Two additional rooms with closets but not legal bedrooms. Screened porch, ADA ramps, basketball count in backyard. (AFH packet notes 8 beds, 2 extra for staff- 10 total)

Multi-Family Active

Price

^$ 1,600,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 18,411

Style

Lot Size

1.17

Year Built

2001

Town/City

Madison

County/Region

Dane

MLS | Web ID

1976797

Features

Interior

Heating Type Forced air

Basement Full Full size windows/Exposed Walkout to yard Finished Poured concrete foundatn

Total Number of Units 10

General

Total Expenses 148334

Heating Natural Gas

Zoning SR-C1

School District Madison

Subdivision Rustic Acres

County Dane

Miscellaneous Shared laundry

Class Multi Family

Net Income 18116

Tax Year 2023

Status Active

Year Built 2001

Directions Sprecher Rd to W on Rustic Dr

High School Lafollette

City Madison

Street Name Rustic

Elementary School Kennedy

Middle School Whitehorse

DOM 16

Open House Date No

County Qtr Section East Metro Madison

Exterior

Exterior Vinyl Stone

* Excluded Features

List By

Sprinkman Real Estate

Broker

(608) 279-4313

Phone

lorisells@sprinkmanrealestate.com

Affordability Calculator

$12,168

Per Month

Monthly Principal & Interest: $10,634
Monthly Property Taxes: $1,534
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Madison, WI

Average List Price ^$757,985

Percent of Sale Price 53%

About Madison, WI

252,062 Population

21% Since 2002

^$58,415 Median Income

34.31 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1833032 Elementary School

1568124 Middle School

Lafollette High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/13/2024	$1,600,000		Listed Price

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402 Rustic Drive, Madison, WI, 53718 is a Multi-Family Home for sale at $1,600,000 with 1,497 sqft and a lot size of 1.17. 402 Rustic Drive has 3 bedrooms, 3.0 baths, and was built in 2001. The property's zip code is 53718 which is in Madison, WI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the South Central Wisconsin Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the SCWMLS approved logo and detailed information about them includes the name of the listing brokers.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Data is updated as of 6/2/2024.

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402 Rustic Drive

Multi-Family Home for sale in Madison, WI

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