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Property profile & analytics
OFF-MARKET
Residential income homes
2536 Cheshire Rd 38 Shaker Heights, OH 44120-5493
Individually Owned
4-yr Hold
Property ID
US66-1487676
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1922
Construction
WOOD
Total area
2,984 SF
Lot
0.15 ac (6,353 SF)
Zoning code
TF
APN
736-31-032
UPID
US66-1487676
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
Amarendra Pendala · 4 yrs held
Amarendra Pendala
since 2022
Last sale
$208,000
7 recorded transactions
Zoning & alternative use
TF · Shaker Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
District is to provide a residential environment for two-family dwellings
Zone name
Two Family Residential
General category
RESIDENTIAL
Zone area
256.68 ac
Source
Realmo
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 Shaker Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shaker 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
$5,785
Tax year 2023
Assessed value
$41,130
Assessed 2023
Previous assessed
$41,130
+0.0% YoY
Effective rate
14.07%
On assessed value
Assessed land
$5,220
Assessed improvement
$35,910
Land market value
$14,900
Improvement market value
$102,600
Total market value
$117,500
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
1922
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Stories
2
Units
4
Bathrooms
4
Total area
2,984 SF
Lot
0.15 ac (6,353 SF)
Zoning code
TF
APN
736-31-032
UPID
US66-1487676
Jurisdiction
CUYAHOGA
Zoning & alternative use
TF · Shaker Heights, OHZoning TF · permitted uses
TF · Shaker Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
District is to provide a residential environment for two-family dwellings
Zone name
Two Family Residential
General category
RESIDENTIAL
Zone area
256.68 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1922
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Bathrooms
4
Lot
0.15 ac
Current owner
From public records · entity-resolved
Amarendra Pendala
Individual
Mailing address
2582 17TH AVE, SAN FRANCISCO, CA 94116-3001
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2022
$208,000
Amarendra Pendala
Derek Webster
Warranty Deed
$147,000 · The Huntington National Bank
Oct 17, 2018
$117,500
Derek Webster
Gbre LLC
Warranty Deed
—
Oct 19, 2016
—
Gbre LLC
Jacobs,louis S
Grant Deed
related
—
Nov 21, 2006
$167,000
Gregg M Goldberg
Eskin,robert J & Judith K
Warranty Deed
$120,000 · Sky Bank
Dec 2, 1998
—
Robert J Eskin
Greenberg,donald E
Quit Claim Deed
related
—
Nov 18, 1997
—
Robert J Eskin
Bassett Springer Co
Quit Claim Deed
related
—
Nov 18, 1997
$39,000
Robert J Eskin
Greenberg,donald G
Quit Claim Deed
related
—
—
—
Robert J Eskin
—
Deed Of Trust
related
$106,000 · Charter One Bank Fsb
—
—
Robert J Eskin
—
Deed Of Trust
related
$75,000 · Charter One 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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