Up-To 17% ROI CoC! TRUE 100% CLE TURNKEY! Rented & Managed!

1 Reply

Price $820,000
Location 3572 Hildana Road, Shaker Heights, OH, 44120
Property Details

Single Family Residence

  • Current Rent: $1,100
  • Square Footage: 1484
  • Bedrooms: 3
  • Bathrooms: 2.0
  • Occupied: Yes
  • Lot Size: 7200


Yr. 1 Projection - 17% ROI

  • Standard Assumptions
    • Annual Management
    • No Vacancy - Current Lease Term = 1yr.
    • Maintenance Exposure
    • Annual Insurance Premium
    • Annual Municipal Occupancy Permit
    • Annual Property Tax

Shaker Heights Bungalow with 3 bedrooms and 2 full bathrooms. This home has many improvements. New hardwood floors. Gorgeous living room with amazing wood work, built-in glass cabinets, and wood burning fireplace. Kitchen with built-in cabinets and eat-in area. Dining room with built-in sitting bench and glass cabinets. Second floor master bedroom with a full bathroom. Full unfinished basement. 2 car detached garage. This property is located in the city of Shaker Heights and is near public transportation and plenty of shopping.

Shaker Heights is nationally recognized as a premier community, defined by the character of its neighborhoods and residents, its access to cosmopolitan amenities, its exemplary educational institutions and its extraordinary housing stock. Just minutes from Downtown Cleveland, Shaker Heights is an inner-ring, tree-lined, streetcar, garden suburb with a consistently excellent school system. Approximately 70% of the city is listed on the National Register of Historic Places.

From 1822 until 1889, the area now known as Shaker Heights was home to the North Union Shakers. After the community disbanded, developers Oris and Mantis Van Sweringen (who also developed the Terminal Tower complex in downtown Cleveland) purchased land that included much of the former Shaker village.

The Van Sweringens planned a garden suburb, connected to downtown via rail (known today as the Rapid Transit), with parks, excellent schools with a nice mix of commercial businesses. Many of the homes in Shaker Heights date back to this early 20th century period.

Green spaces in Shaker Heights include the Shaker Lakes and the accompanying Shaker Lakes Nature Center. Also available to residents is Thornton Park, a multi-facility complex with an ice-skating rink and two pools.

Shaker Heights Schools are consistently ranked among the best in the country, with over 90% of their students attending college. The current enrollment is around 5600 students in eight buildings (five K-4 schools, one 5-6 grade school, one middle school, and the high school).

Shaker Heights is also home to the well-regarded Laurel School (for girls), Hathaway Brown (also for girls), and the University School (for boys).




1st Year return** = 17%

Status = RENTED

Market Value = $90,000

Down Payment = $16,400

Rent = $1,100

Bed/Bath = 3/2

Cash flow = $240

Sq. Ft. = 1,484






Disclaimer: The performance information shown are projections. These are not actual results. These projections are based upon various assumptions and representative properties. No representation is being made that a performance record similar to the projected returns will or is likely to be achieved.

There are no implied or expressed warranties on any investment information or materials in this e-mail. There is no assurance that the value of the real estate will be sufficient to return any portion of the investors' original capital, and Smartland does not guarantee the accuracy of any projections herein.

Your purchase price stated $820,000 for a home that rents for $1,100.  If you sell it for that much you will have earned the world title for greatest sales person of the decade!!!!!