11 months on rocket

5614 Drake, Cleveland, OH, 44127

$65,500

Home List Price

$778*

Closing Credit

4 Bedrooms
1 Full Bath
2,556 SqFt
$26/SqFt
House

Location

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5614 Drake, Cleveland$65,500

Buyer Closing Credits

$778*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1890
HeatingForced Air
CoolingNone
BasementYes
MLS #5005374
Lot Size0.10 Acres
StatusActive

About 5614 Drake

Add this income producing property to your portfolio. Tenants pays $850 plus utilities lease is month to month. Allow 48hrs to coordinate showings.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1890
  • Stories: 2
  • Living Area: 2,556 SqFt

Listing Office:

  • Office Name: Keller Williams Chervenic Rlty
  • Office Phone: (216) 315-0915
  • Listing Agent: JulDanniel France

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: E 55th St to Drake

Price Information

Listing Price Info

Price Summary:

  • List Price: $65,500
  • Price Per SqFt: $26/SqFt
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Housing Market Comparison

See how this home compares to others in Cleveland, OH.

Med. Sold Price

$164.2K

Med. Price/SqFt

$99

Avg. Days On Market

36

# of Sold Homes

719

5614 Drake vs Cleveland

351 DAYS ON ROCKET

+315 Days

$65,500

-$98.7K Less

$26/SqFt

-$74 Less

KEY TAKEAWAY

This property is $98.7K less than the Median Sold Price and $74/SqFt less than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5005374

Listing Office:

  • Office Name: Keller Williams Chervenic Rlty
  • Office Phone: (216) 315-0915
  • Listing Agent: JulDanniel France

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$394

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$263

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-516441
5
/10
  • Constellation Schools: Eastside Arts Academy

  • 6700 Lansing Ave

  • 1.23 miles

  • Public Charter Grades KG-6

school-card-donut-516442
2
/10
  • Stepstone Academy

  • 3328 Carnegie Ave

  • 2.25 miles

  • Public Charter Grades KG-4

school-card-donut-516443
8
/10
  • Cuyahoga Hts Elementary School

  • 4880 E 71st St

  • 2.95 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,344. The majority of Cleveland, OH residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5614 Drake

What is the listing price of this property?

The listing price of 5614 Drake property is $65,500.

What type of property is this?

The property 5614 Drake is a house located in Cleveland, Ohio, 44127.

Is this property for sale now?

Active Listing: 5614 Drake is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5614 Drake has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5614 Drake is 2,556 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5614 Drake is 1890.

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44127›5614 Drake

This home is located at 5614 Drake in Cleveland, OH and zip code 44127 in the Broadway-Slavic village neighborhood. This 2,556 square foot home, which was built in 1890, sits on a 0.10 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 06, 2023 and is currently priced at $65,500.

While more than 275 listings in Cleveland, OH in October 2024 were sold above asking price, there were more than 110 listings sold at asking price, and more than 333 were sold below. The number of homes for sale in Cleveland, OH increased by 4.7% between September 2024 and October 2024. Listings spent 36 days on the market in October 2024, and had a median list price of $164,291 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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