This turnkey rental, under professional management and generating $850/month, is a beautifully updated investment opportunity. The property features two bedrooms plus a bonus room, with tall windows and high ceilings that fill the space with natural light. It features a charming front porch and fenced yard for privacy. Recent updates include a newer roof, many interior updates, upgraded electric panel, a newer furnace, newer windows. The basement includes glass block windows for added security, and the unfinished attic offers potential for extra living space. This is a low-maintenance rental in great condition, ready for a savvy investor.
Property Details
Property Features
Property Information:
Architectural Style: Bungalow, Ranch
Year Built: 1920
Stories: 2
Living Area: 968 SqFt
Listing Office:
Office Name: Century 21 Homestar
Office Phone: (216) 373-7727
Listing Agent: Michael A Ferrante
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
View: City
Exterior: Porch
Parking Information:
Attached Garage: No
Parking: Driveway, No Garage, Paved
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: None
Other
Directions Information:
Directions: Near E 76th, south of Union
Price Information
Listing Price Info
Price Summary:
List Price: $65,000
Price Per SqFt: $67/SqFt
Tax Information:
Annual Amount: $1,124
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cleveland, OH.
This property is $99.2K less than the Median Sold Price and $33/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: #5064205
Listing Office:
Office Name: Century 21 Homestar
Office Phone: (216) 373-7727
Listing Agent: Michael A Ferrante
Copyright 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, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 22, 2021
Jul 22, 2021Home Sold
$68,888
Jul 15, 2021
Jul 15, 2021Home Sold
$50,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,124
$13,020
2019
$1,039
$13,020
2018
$1,036
$13,020
2017
$742
$9,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$392
Per Month
Principal & Interest
$325
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$261
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Constellation Schools: Eastside Arts Academy
6700 Lansing Ave
Distance between this listing and this school0.67 miles
Public Charter Grades KG-6
8
/10
Cuyahoga Hts Elementary School
4880 E 71st St
Distance between this listing and this school2.31 miles
Public District Grades PK-5
2
/10
Smart Academy
4351 E 131st St
Distance between this listing and this school2.61 miles
Public Charter Grades KG-4
Nearby Schools
4
/10
Albert Bushnell Hart School
3900 E 75th St
Distance between this listing and this school0.49 miles
Public District Grades KG-8
3
/10
Village Preparatory School Woodland Hills
9201 Crane Ave
Distance between this listing and this school0.66 miles
Public Charter Grades KG-8
3
/10
Mound School
5935 Ackley Rd
Distance between this listing and this school0.79 miles
Public District Grades PK-8
Nearby Schools
2
/10
John Adams College and Career Academy
3817 Martin Luther King Jr Dr
Distance between this listing and this school1.70 miles
Public District Grades 9-12
3
/10
North Shore High School
4750 Turney Rd
Distance between this listing and this school2.15 miles
Public Charter Grades 9-11
9
/10
Cuyahoga Hts High School
4820 E 71st St
Distance between this listing and this school2.23 miles
The neighbors living near this home have an average income of $28,542. Typical income of Cleveland, OH residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7615 Aetna Rd
What is the listing price of this property?
The listing price of 7615 Aetna Rd property is $65,000.
What type of property is this?
The property 7615 Aetna Rd is a house located in Cleveland, Ohio, 44105.
Is this property for sale now?
Active Listing: 7615 Aetna Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,124 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 22, 2021 for $68,888. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 7615 Aetna Rd has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 7615 Aetna Rd is 968 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 7615 Aetna Rd is 1920.
This home is located at 7615 Aetna Rd in Cleveland, OH and zip code 44105 in the Broadway-Slavic village neighborhood. This 968 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $65,000.
In October 2024 more than 275 listings in Cleveland, OH were sold above the asking price. During the same period more than 110 listings were sold at asking price, while more than 333 were sold below. The inventory of homes for sale in Cleveland, OH between September 2024 and October 2024 increased by 4.7%. In October 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $164,291.
From Rocket Homes Real Estate and based on county public records data.