This place is great! It is a private room in a apartment. The bathroom is shared with the other members of the family. Everyone is great.
The apartment is located 15 mins drive from the main center, which is great. Madrid is party central. So if you are close to the center or Gran Via (which is like a 5th avenue or Sunset Blvd.) you will definitely hear the party outside all night long. So you are far away, walking, from the main tourist/party spots. However, the neighborhood is quite safe and quiet.
Uber is farly cheap compared to other cities. But the apartment is located near a metro station.