24630 Alberton Rd

Euclid, OH 44123
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3 bd, 2 ba | 1,471 sqft | Built in 1956

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List Price
$159,900

$5K

Initial Investment

$43,573

Purchase Price

$159,900

Down Payment

25%

Rent

$1,340

Total Return

$55,467

Annualized Return

17.2%

Cap Rate

4.8%

Gross Yield

10.1%

Cash Flow

-$1,566

Appreciation

7.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,075

HOA

None

Flood Risk

Not Required

Come see this charming cape cod in the heart of Euclid! This home is conveniently located to the Euclid skatepark, Briardale Greens Municipal Golf Course, and Lake Eerie. The refinished hardwood floors bring a coziness to the home! The home has an updated kitchen, updated bathrooms, and brand-new interior paint. The spacious yard is perfect for entertaining and the partially finished basement lends extra living space. Sellers will install central air conditioning unit upon completion of due diligence.

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NEIGHBORHOOD

SCHOOLS

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Melissa Lupton
eXp Realty (Melissa Lupton)
OH Agent License #2014004675

Annual Financial Highlights

Expected Rent

$15,276

Expenses

-$3,249

Property Taxes

-$4,900

Loan Payments

-$8,693

Net Cash Flow

-$1,566

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Similar Listings



Listing Courtesy of:Nicole Garcia
Agent License 2022007663
Lokal Real Estate, LLC.
Certified Agent Brokerage:Melissa Lupton
eXp Realty (Melissa Lupton)
OH Brokerage License 2016006021
SourceMLS Now
MLS #4493305
Last Updated: 11/06/2023 02:11
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