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Property profile & analytics
OFF-MARKET
Residential income homes
2042 Lark St Lakewood, OH 44107-5291
Individually Owned
4-yr Hold
Property ID
US66-6129617
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1910
Construction
WOOD
Total area
3,968 SF
Lot
0.11 ac (4,600 SF)
Zoning code
R2
APN
315-23-087
UPID
US66-6129617
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gregg Radke · 4 yrs held
Gregg Radke
since 2022
Last sale
$134,000
6 recorded transactions
Zoning & alternative use
R2 · Lakewood, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,278
Tax year 2023
Assessed value
$48,730
Assessed 2023
Previous assessed
$48,730
+0.0% YoY
Effective rate
10.83%
On assessed value
Assessed land
$7,530
Assessed improvement
$41,200
Land market value
$21,500
Improvement market value
$117,700
Total market value
$139,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1910
Construction
WOOD
Heating
GRAVITY
Cooling
NONE
Stories
2
Units
4
Bathrooms
4
Total area
3,968 SF
Lot
0.11 ac (4,600 SF)
Zoning code
R2
APN
315-23-087
UPID
US66-6129617
Jurisdiction
CUYAHOGA
Zoning & alternative use
R2 · Lakewood, OH
Zoning R2 · permitted uses
R2 · Lakewood, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
WOOD
Heating
GRAVITY
Cooling
Yes
Stories
2
Units
4
Bathrooms
4
Lot
0.11 ac
Current owner
From public records · entity-resolved
Gregg Radke
Individual
Mailing address
24041 SQUIRE RD, COLUMBIA STATION, OH 44028-9637
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2022
—
Gregg Radke
Radke Enterprises LLC
Intrafamily Transfer
related
$65,000 · Wells Fargo Bank NA
Jun 15, 2011
—
Radke Ents LLC
Radke,gregory
Quit Claim Deed
related
—
Apr 11, 2003
$134,000
Gregg Radke
Ginley,john P & Patricia A
Grant Deed
$131,929 · Washington Mutual Fsb
—
—
Roger Radke
—
Deed Of Trust
related
$144,000 · Fifth Third Bank Ne Ohio
—
—
Gregg Radke
—
Deed Of Trust
related
$50,000 · Fifth Third Bank Ne Ohio
—
—
John P Ginley
—
Deed Of Trust
related
$10,175 · National City Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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