For SaleRisky Deal7 days on market
2603 Princeton Rd
2603 Princeton Rd, Cleveland Heights, OH 44118, Cleveland Heights, OH 44118
$289,900
Listing Price
2603 Princeton Rd, Cleveland Heights, OH 44118
Loc: Cleveland Heights, OH
Days Listed
7
Tax Assessed
$233k
Lot Size
8,886 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
0.2 mi away
6
Roxboro Middle School
6-8
2.1 mi away
6
Cleveland Heights 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
colonial revivalshingle sidingred brick chimneycovered porchred front doormulti-pane windowsasphalt shingle roofdrivewaylandscaped front yardmature treescozy aesthetictraditional residentialtwo-story
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.72%
Total ROI
83.1%
Cash Flow
$-124/mo
DSCR
0.92
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-124/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 |
|---|---|---|---|
| 2026-09-16 | Listed for sale | $289,900 | $127 |
| 2020-01-10 | Sold | $193,500 | $84 |
| 2020-01-03 | Pending sale | $189,000 | $83 |
| 2019-12-07 | Listed for sale | $189,000 | $83 |
| 2019-10-26 | Listing removed | $205,000 | $90 |
| 2019-09-30 | Price change | $205,000 | $90 |
| 2019-09-20 | Price change | $210,000 | $92 |
| 2019-09-07 | Price change | $214,900 | $94 |
| 2019-08-16 | Price change | $219,500 | $96 |
| 2019-05-23 | Listed for sale | $219,900 | $96 |
| 2017-12-29 | Sold | $69,900 | $31 |
| 2017-12-12 | Listed for sale | $74,000 | $32 |
| 2017-11-28 | Pending sale | $74,000 | $32 |
| 2017-11-01 | Listed for sale | $74,000 | $32 |
| 2017-10-19 | Pending sale | $74,000 | $32 |
| 2017-09-12 | Listed for sale | $74,000 | $32 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,665.68 | $81,620 |
| 2024 | $6,810.06 | $81,620 |
| 2023 | $7,230.36 | $67,730 |
| 2022 | $7,193.24 | $67,730 |
| 2021 | $7,044.58 | $67,730 |
| 2020 | $2,922.8 | $24,850 |
| 2019 | $2,761.32 | $50,860 |
| 2018 | $5,755.6 | $50,860 |
| 2017 | $14,422.36 | $54,400 |
| 2016 | $7,053.38 | $54,400 |
| 2015 | $6,106.82 | $54,400 |
| 2014 | $5,657.52 | $50,370 |
| 2013 | $5,423.32 | $50,370 |
| 2012 | $5,004.94 | $50,370 |
| 2011 | $515.94 | $53,410 |
| 2010 | $11,847 | $53,410 |
| 2009 | $10,328.1 | $53,410 |
| 2008 | $12,030.4 | $56,810 |
| 2007 | $4,665.4 | $56,810 |
| 2006 | $4,314.92 | $56,810 |
| 2005 | $4,146.44 | $50,480 |
| 2004 | $4,120.8 | $50,480 |
| 2003 | $3,691.62 | $50,480 |
| 2002 | $3,487.4 | $44,070 |
| 2001 | $6,927.8 | $44,070 |
| 2000 | $6,901.36 | $44,070 |
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