For SaleRisky Deal5 days on market
2596 Shaker Rd
2596 Shaker Rd, Cleveland Heights, OH 44118, Cleveland Heights, OH 44118
$275,000
Listing Price
2596 Shaker Rd, Cleveland Heights, OH 44118
Loc: Cleveland Heights, OH
Days Listed
5
Tax Assessed
$227k
Lot Size
6,399 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Canterbury Elementary School
K-5
0.4 mi away
6
Roxboro Middle School
6-8
1.7 mi away
6
Cleveland Heights High School
9-12
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
craftsmanbrick exteriordormer windowsdetached garageasphalt shingle roofarched windowsvinesdrivewaylandscapedtraditionalmulti-storycurb appealwindow air conditioning unit
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.66%
Total ROI
81.8%
Cash Flow
$-130/mo
DSCR
0.91
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-130/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • Strong rental demand in Cleveland Heights
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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $275,000 | $98 |
| 2011-12-08 | Listing removed | $149,900 | $54 |
| 2011-10-15 | Price change | $149,900 | $54 |
| 2011-07-03 | Price change | $158,877 | $57 |
| 2011-04-12 | Price change | $169,500 | $61 |
| 2011-03-18 | Price change | $174,500 | $62 |
| 2011-02-05 | Listed for sale | $179,000 | $64 |
| 2005-09-29 | Sold | $186,000 | $66 |
| 2002-07-18 | Sold | $176,000 | $63 |
| 1994-08-29 | Sold | $123,000 | $44 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,493.38 | $79,520 |
| 2024 | $6,634.02 | $79,520 |
| 2023 | $5,847.92 | $54,780 |
| 2022 | $5,817.86 | $54,780 |
| 2021 | $5,697.66 | $54,780 |
| 2020 | $5,625.22 | $48,900 |
| 2019 | $5,433.74 | $48,900 |
| 2018 | $5,412.18 | $48,900 |
| 2017 | $6,229.16 | $52,470 |
| 2016 | $5,893.74 | $52,470 |
| 2015 | $5,893.74 | $52,470 |
| 2014 | $6,545.56 | $58,420 |
| 2013 | $6,273.92 | $58,420 |
| 2012 | $5,790.28 | $58,420 |
| 2011 | $6,116 | $63,490 |
| 2010 | $570.55 | $63,490 |
| 2009 | $5,644.16 | $63,490 |
| 2008 | $5,703.34 | $67,550 |
| 2007 | $5,535.26 | $67,550 |
| 2006 | $5,118.54 | $67,550 |
| 2005 | $5,003.68 | $61,080 |
| 2004 | $4,972.62 | $61,080 |
| 2003 | $4,466.8 | $61,080 |
| 2002 | $3,489.76 | $44,100 |
| 2001 | $6,932.52 | $44,100 |
| 2000 | $6,906.06 | $44,100 |
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