The place is located very central, walking distance from what you want to see in Madrid. The apartment was relatively small but still quite comfortable for two adults and a baby. We were even provided with a baby bed, which was super comfy! Also it has all you may need to cook.. although not enough to clean the dishes.. we had to leave one pan a bit dirty as we didnt manage to clean it with existing equipment in the apartment (sorry for that...)
Please consider this is basically not AirBnB experience, but a hotel.. which still has some good flavour and personal touch.
Overall, good 3 days in the place.