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Property profile & analytics
OFF-MARKET
Garden apartment buildings
2460 Overlook Rd 1, Cleveland Heights, OH 44106-2456
Individually Owned
10-yr Hold
Absentee Owner
Property ID
US66-6044293
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1920
Total area
1,904 SF
Lot
0.32 ac (13,761 SF)
APN
685-05-331
UPID
US66-6044293
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
Kathleen L Plona · 10 yrs held
Kathleen L Plona
since 2016
5 recorded transactions
Zoning & alternative use
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 Cleveland Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland Heights 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
$7,502
Tax year 2023
Assessed value
$68,530
Assessed 2023
Previous assessed
$68,530
+0.0% YoY
Effective rate
10.95%
On assessed value
Assessed land
$6,860
Assessed improvement
$61,670
Land market value
$19,600
Improvement market value
$176,200
Total market value
$195,800
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1920
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
6
Bathrooms
2
Total area
1,904 SF
Lot
0.32 ac (13,761 SF)
APN
685-05-331
UPID
US66-6044293
Jurisdiction
CUYAHOGA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1920
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Kathleen L Plona
Individual
Mailing address
4576 THORNTREE DR, BRECKSVILLE, OH 44141
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2016
$179,000
Kathleen L Plona
May,jason A & Mimillia L
Warranty Deed
$131,700 · Fairway Independent Mtg
Sep 1, 2009
$165,000
Jason A May
Hemintranont,chankaphor
Warranty Deed
$132,000 · First Fed'l S & L Assn Lakewoo
Oct 30, 2006
$229,000
Chankaphor Hemintranont
Ludwig,eric & Emily H
Warranty Deed
$183,200 · Merrill Lynch Credit Corp
Jun 2, 1998
$123,500
Eric Ludwig
Kassouf,philip J & Amy
Grant Deed
$100,000 · Third Fed'l S&l Assn Cleveland
—
—
Eric Ludwig
—
Deed Of Trust
related
$100,000 · Third Fed'l S&l Assn Cleveland
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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