For SaleRisky Deal10 days on market
1004 Lancaster Dr
1004 Lancaster Dr, Medina, OH 44256, Medina, OH 44256
$335,000
Listing Price
1004 Lancaster Dr, Medina, OH 44256
Loc: Medina, OH
Days Listed
10
Tax Assessed
$247k
Lot Size
0.61 acres
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Sidney Fenn Elementary School
K-5
1.1 mi away
7
Claggett Middle School
6-8
1.2 mi away
7
Medina High School
9-12
1.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
split-level housevinyl sidingattached garagesuburbantwo-storylarge front yardshingle roofshuttered windowstraditionalresidentialwell-maintaineddriveway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.88%
Total ROI
86.6%
Cash Flow
$-97/mo
DSCR
0.94
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-97/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • Strong rental demand in Medina
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-14 | Listed for sale | $335,000 | $201 |
| 1998-07-08 | Sold | $134,500 | $81 |
| 1995-04-28 | Sold | $124,000 | $74 |
| 1994-04-13 | Sold | $116,700 | $70 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,702.26 | $86,280 |
| 2024 | $3,612.22 | $72,630 |
| 2023 | $3,074.46 | $72,630 |
| 2022 | $3,099.92 | $72,630 |
| 2021 | $2,921.71 | $57,190 |
| 2020 | $2,920.68 | $57,190 |
| 2019 | $2,868.68 | $57,190 |
| 2018 | $2,718.36 | $50,490 |
| 2017 | $2,756.84 | $50,490 |
| 2016 | $2,838.7 | $50,490 |
| 2015 | $2,753.74 | $46,750 |
| 2014 | $2,746.38 | $46,750 |
| 2013 | $2,749.98 | $46,750 |
| 2012 | $2,577.42 | $49,430 |
| 2011 | $2,533.28 | $49,430 |
| 2010 | $2,546.7 | $49,430 |
| 2009 | $2,712.1 | $55,760 |
| 2008 | $2,727.6 | $55,760 |
| 2007 | $2,756.06 | $55,760 |
| 2006 | $4,096.91 | $51,980 |
| 2005 | $3,933.77 | $51,980 |
| 2004 | $2,368.92 | $51,980 |
| 2003 | $2,334.98 | $49,100 |
| 2002 | $2,301.52 | $49,100 |
| 2001 | $1,152.33 | $49,100 |
| 2000 | $0 | $41,290 |
Similar Properties Nearby
Explore other investment opportunities in Medina.