12802 Melgrove Avenue
Cleveland, OH 44105
- 2 beds
- 1 bath
- 864 sqft
- 4,792 sqft lot
- $104 per sqft
- 1925 build
- – on site
Investors! This turnkey Cap Cod is a low-maintenance rental property with immediate cash flow! A long-term tenant is in place with a current lease of $1200 per month until December 2025. The home features two bedrooms on the main floor, a full bath, and an unfinished attic (just under 500 sq ft) with potential for 3rd/4th bedrooms. The basement is also unfinished, offering further expansion possibilities. Enjoy a spacious formal dining room and a quaint eat-in kitchen. Updates include a newer hot water tank and furnace (installed July 2024) and Central Air (2024). The roof is approximately 10 years old, and the garage is newer with vinyl siding (approximately 15 years old). The tenant pays on time and intends to stay for many years.
Last checked:
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Checking…
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Last updated Nov 18, 2024
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MLS# 5079672 —
The Building
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Year Built:1925
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Year Built Source:PublicRecords
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Construction Materials:AluminumSiding
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Architectural Style:CapeCod
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Window Features:AluminumFrames,WoodFrames
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Patio And Porch Features:FrontPorch
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Security Features:CarbonMonoxideDetectors,SmokeDetectors
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Levels:One
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Stories:1
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Roof:Asphalt
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Basement:Unfinished
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Basement:true
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Foundation:Block
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Stories Total:1
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Above Grade Finished Area:864.0
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Above Grade Finished Area Source:Assessor
Interior
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Rooms Total:6
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Interior Features:BuiltInFeatures,CeilingFans,CrownMolding,PrimaryDownstairs
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Fireplace:false
Room Dimensions
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Living Area:864.0
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Living Area Units:SquareFeet
Location
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Directions:Between Broadway Ave and Miles Ave, just off of E. 131st
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Latitude:41.43553
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Longitude:-81.593488
The Property
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Parcel Number:546-35-088
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Lot Features:LessThanHalfAcre,BackYard,FrontYard,FewTrees
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Lot Size Acres:0.11
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Lot Size Area:0.11
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Lot Size Dimensions:40x120
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Lot Size Units:Acres
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Lot Size Source:PublicRecords
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Exterior Features:None
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Fencing:None
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Waterfront:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (440) 503-6728
- Office phone:
- (440) 842-7200
Taxes
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Tax Year:2023
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Tax Legal Description:477 CRAN PK#2 0329 ALL
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Tax Annual Amount:$1,939
Beds
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Bedrooms Total:2
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Main Level Bedrooms:2
Baths
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Total Baths:1
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Full Baths:1
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Main Level Baths:1
The Listing
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Listing Terms:Cash,Conventional
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Home Warranty:false
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/12802-Melgrove-Avenue-Cleveland-OH-44105/unbranded
Heating & Cooling
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Heating:ForcedAir,Gas
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Laundry Features:InBasement
Schools
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Elementary School District:Garfield Heights CSD - 1815
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Middle School District:Garfield Heights CSD - 1815
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High School District:Garfield Heights CSD - 1815
The Community
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Pool Private:false
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:1.0
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Carport:false
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Parking Features:Concrete,Driveway,Detached,GarageFacesFront,Garage
Monthly cost estimate
Asking price
$89,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$481
|
| Taxes | $161 |
| Insurance | $24 |
| Utilities | $135 See report |
| Total | $801/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/8/24
Nov 8, 2024
|
Price Changed | MLS_NOW | $89,900 | 20.0% |
|
10/24/24
Oct 24, 2024
|
Listed / Active | MLS_NOW | $74,900 | -0.1% |
|
8/19/24
Aug 19, 2024
|
Listed / Active | MLS_NOW |
39% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $6k above asking price on average, but some went as high as $30k over asking price.
