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Property profile & analytics
OFF-MARKET
Estimated value
$285,000
Residential income homes
3259 Silsby Rd Cleveland, OH 44118
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-0594399
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1955
Construction
TYPE NOT SPECIFIED
Total area
3,194 SF
Lot
0.18 ac (7,784 SF)
Zoning code
MF2
APN
687-08-059
UPID
US66-0594399
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
$285k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$285k
Owner & transaction history
Shaker Seven Silver LLC · 2 yrs held
Shaker Seven Silver LLC
since 2023
7 recorded transactions
Zoning & alternative use
MF2 · Cleveland, 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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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
Method
Estimation
Statistic approach
by Request
ML approach
$285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$285k
Range $257k – $314k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$89 / SF
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
$6,919
Tax year 2023
Assessed value
$47,400
Assessed 2023
Previous assessed
$47,400
+0.0% YoY
Effective rate
14.60%
On assessed value
Assessed land
$10,680
Assessed improvement
$36,720
Land market value
$30,500
Improvement market value
$104,900
Total market value
$135,400
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
1955
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
NONE
Stories
2
Units
4
Bathrooms
4
Total area
3,194 SF
Lot
0.18 ac (7,784 SF)
Zoning code
MF2
APN
687-08-059
UPID
US66-0594399
Jurisdiction
CUYAHOGA
Zoning & alternative use
MF2 · Cleveland, OHZoning MF2 · permitted uses
MF2 · Cleveland, OH
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
1955
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Bathrooms
4
Lot
0.18 ac
Current owner
From public records · entity-resolved
Shaker Seven Silver LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 360054, STRONGSVILLE, OH 44136-0001
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2023
—
Shaker Seven Silver LLC
Cleveland Heights Pointe LLC
Limited Warranty Deed
—
Jun 17, 2021
—
Cleveland Heights Pointe LLC
The Heights Portfolio LLC
Quit Claim Deed
related
$1,725,000 · Sabal Capital II LLC
Aug 8, 2019
—
Famrealty LLC
Maryash Living Trust
Quit Claim Deed
related
—
Jun 23, 2009
—
Famrealty LLC
Maryash Living Trust
Grant Deed
related
—
May 12, 2009
$655,000
Maryash Living Trust
Roseman Shirley Trust
Grant Deed
—
Apr 9, 2009
—
Glanz David Tr
Roseman,shirley
Affidavit Of Death
related
—
Nov 12, 2004
—
Roseman Shirley Tr
Roseman,david
Quit Claim Deed
related
—
Apr 1, 2004
—
Glanz,david Tr
Roseman,shirley
Quit Claim Deed
related
—
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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