8028 Whitethorn Ave, Cleveland, OH 44103

8028 Whitethorn Ave, Cleveland, OH 44103

6 beds, 2 baths, 1,457 sqft
Off Market
Zestimate®: $39,381
Rent Zestimate®: $757/mo
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Great Investment Property! Beautiful Brick 3 Suiter. Very Large Home w/spacious rooms. Hardwood Floors. Third Floor Is Partially Finished Would Make Excellent 2 Bedroom Suite. Let your renters help pay your mortgage. Buy it today! 1st Floor is rented @ $575/mo, Tenant has been there for 1yr and just renewed the lease.2nd floor is rented 575/mo, Tenants been there for 3mo. with 9 mo. left on lease.Property has separate Newer Furnace and Newer Hot Water Heater for each unit.Income(Yearly)13,800.00 Unit 1-1st Floor575.00 Unit 2-2nd Floor575.00 Property Taxes1,292.00 Insurance545.00. Water1,050.00 10 %Vacancies1,380.00 Property Mgnt1,380.00 Net (Yearly)8,843.00 CAP RATE= 32%Finish the 3rd floor unit and increase your income by $6k/yr and the cap rate to 35%.Cash Buyers Only  MoreLess
 
Facts
  • Condo
  • Built in 1910
  • Heating: Forced air
  • Laundry: In Unit
  • Parking: Garage - Attached, 3 spaces, 540 sqft
  • Last sold: Aug 2009 for $40,000
Features
  • Deck
  • Flooring: Hardwood, Tile
  • Lawn
  • Patio
Additional Features
  • Living room
Appliances Included
  • Washer
Room Types
  • Laundry room
Construction
  • Construction quality: 7.0
  • Exterior material: Brick
  • Roof type: Slate
  • Room count: 12
  • # Stories: 3.0
  • Structure type: Colonial
  • Unit count: 2
Other
  • Floor size: 1,457 sqft
  • Heating: Gas
  • Last remodel year: 1946
  • Lot depth: 141
  • Lot width: 40
  • Parcel #: 10621152
  • Zillow Home ID: 33385222
Home Values
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$39,381
-$1,885 Last 30 daysd
$30K
$49K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$757/mo
-$24 Last 30 daysd
$507
$1.3K
Zestimate range
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Neighborhood for 8028 Whitethorn Avenue

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Zillow predicts Hough home values will increase 2.3% next year, compared to a 3.9% increase for Cleveland as a whole. Among Hough homes, this home is valued 39.5% less than the midpoint (median) home, and is valued 34.1% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Hough, the number of foreclosures waiting to be sold is 18.6% greater than in Cleveland, and 265.6% greater than the national average. This higher local number may prevent Hough home values from rising as quickly as other regions in Cleveland.

Learn more about forecast calculations or Hough home values.
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    Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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