Condo / High-rise home in Cleveland, OH
This Condo multifamily home in Cleveland, OH offers 6 bedrooms and 4 bathrooms across 4,024 square feet. Its Condo character defines the property's look.
| Price | $74,900 |
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| Beds | 6 |
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| Baths | 4 |
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| Sqft | 4024 |
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| Architectural style | Condo / High-rise (56% match) |
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| Address | 1231 E 124th St, Cleveland, OH 44108 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $75K, this home is 72% below the $272K median for 120 similar Condo / High-rise homes in Cleveland, OH.
- That works out to $19 per square foot, 89% below the $173 comparable rate.
- New to market (1 day), so expect competition.
| This home | $74,900 |
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| Condo / High-rise median in Cleveland, OH | $272,000 (120 homes) |
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| Price per sq ft | $19 vs. $173 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $537/month with 20% down at a 7.28% 30-year fixed rate. You would need about $23,028 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $410/mo |
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| Property tax (new-buyer reassessed rate) | $99/mo |
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| Homeowners insurance | $28/mo |
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| Total monthly | $537/mo |
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| Down payment (20%) | $14,980 |
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| Income needed | $23,028/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C- (52 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C- (52/100) |
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| Beats renting in | 9% of modeled paths |
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| Modeled 5-yr equity (median) | $29,198 |
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| Range (10th to 90th pct) | $15,511 to $45,615 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Cleveland, OH where local data is thin.
Local home values
Typical home values in Cleveland, OH have risen about 32% over the past 5 years (+4% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia