Furnished Short-Term Rental
For Sale
$275,000
1312 S Park Ave NW, Canton, OH 44708
Furnished cottage with lake views, outdoor living features, and professional short-term rental management.
Property Size1,280 SF
Price / SF$214.84
Days on Market49
Property Features for 1312 S Park Ave NW
General Information
Standard status
Active
Size
1,280 SF
Building Details
Year Built
1940
Listing Agency:
Hayes Realty
Listed By:
Mark S Esber · License #700325409
(330) 704-5044
Source:
Groganzeiger
Added: Sep 14
Changed: Oct 26
Last Checked: Oct 30 at 4:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hayes Realty
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Investment Insights
Based on property information with market context.
Built in 1940, this 1,280-square-foot cottage is configured with 3 bedrooms and 1.5 bathrooms. The property is being offered furnished and includes a fenced yard, patio, pergola, fireplace, and views of 144-acre private Meyers Lake, along with lake privileges.
The home operates as a short-term rental managed by Evolve, with pre-stay guest communication handled through the management arrangement. It recorded 49% occupancy in 2025 and is located 2 miles from the Pro Football Hall of Fame in Canton, Ohio.
The home operates as a short-term rental managed by Evolve, with pre-stay guest communication handled through the management arrangement. It recorded 49% occupancy in 2025 and is located 2 miles from the Pro Football Hall of Fame in Canton, Ohio.
Key Highlights
- 1,280‑square‑foot cottage built in 1940
- 3 bedrooms and 1.5 bathrooms
- Views of 144‑acre private Meyers Lake with lake privileges
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,375
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,500
$187.5K
Cap Rate 7%
$133,929
$133.9K
Cap Rate 9%
$104,167
$104.2K
Market Conditions
NOI Build-Up for 1,280 SF
Gross rent
$17.7K $13.80/SF
− Vacancy
−$618 −$0.48/SF
EGI
$17.0K $13.32/SF
− OpEx
−$7.7K −$5.99/SF
NOI
$9.4K $7.32/SF
Area
Stark County, OH
Vacancy
3.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,500
Cap Rate 7%
$133,929
Cap Rate 9%
$104,167
Alternative Uses
Best Use
Apartment 5plus
$133.9K
$117.2K – $156.3K
NOI $9,375 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$334.2K
$292.4K – $389.9K
NOI $23,394 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
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Business Placement
Demographics for 44708, OH
25,386
Population
11,758
Households
2.2
Avg Household Size
44
Median Age
27%
College-Educated
93%
High-School Grad
10.1 sq mi
ZIP Area
2,513
Density / Sq Mi
$60,159
Median Household Income
$37,217
Median Earnings
$926
Median Rent
$164,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Short term rental property - Furnished cottage with lake views, outdoor living features, and professional short-term rental management.
Where is this short term rental property located?
The property is located at 1312 S Park Ave NW Canton, OH.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,280‑square‑foot cottage built in 1940; 3 bedrooms and 1.5 bathrooms; Views of 144‑acre private Meyers Lake with lake privileges
