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Property profile & analytics
OFF-MARKET
Garden apartment buildings
3265 Mayfield Rd 31 Cleveland Heights, OH 44118-1866
Individually Owned
7-yr Hold
Free & Clear
Property ID
US66-6290424
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1983
Construction
FRAME
Total area
906 SF
Lot
2.44 ac (106,286 SF)
APN
681-27-815C
UPID
US66-6290424
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
Debra Hilliard · 7 yrs held
Debra Hilliard
since 2019
7 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
$1,529
Tax year 2023
Assessed value
$14,010
Assessed 2023
Previous assessed
$14,010
+0.0% YoY
Effective rate
10.91%
On assessed value
Assessed land
$1,790
Assessed improvement
$12,220
Land market value
$5,100
Improvement market value
$34,900
Total market value
$40,000
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
1983
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
4
Bathrooms
1
Total area
906 SF
Lot
2.44 ac (106,286 SF)
APN
681-27-815C
UPID
US66-6290424
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
1983
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
2.44 ac
Current owner
From public records · entity-resolved
Debra Hilliard
Individual
Free & Clear · 7 yrs held
Mailing address
3265 MAYFIELD RD, CLEVELAND, OH 44118-1866
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Apr 18, 2019
$40,000
Debra Hilliard
Mishra,kirtishri & Tripurari
Warranty Deed
—
Jul 20, 2012
$22,500
Kirtishri Mishra
Hcr1211 LLC
Grant Deed
—
Jul 20, 2012
—
Hcr1211 LLC
Heritage Cap Resources LLC
Quit Claim Deed
related
—
Jan 6, 2012
$11,600
Heritage Capital Resources LLC
Federal Natl Mtg Assn Fnma
Grant Deed
related
—
Oct 5, 2011
$30,000
Federal Natl Mtg Assn Fnma
Sheriff Of Cuyahoga County
Trustees Deed
related
—
Jul 7, 2006
$91,100
Kimberly J Neis
Cardarelli,henry G JR
Warranty Deed
$90,500 · Howard Hanna Mortgage Svcs
Jul 15, 2005
$82,000
Henry G Cardarelli JR.
Johnson,bobbie J
Warranty Deed
$65,600 · Fifth Third Mortgage Co
Oct 3, 2000
$80,000
Bobbie J Johnson
Fleming,robert T & Noreen C
Grant Deed
$68,000 · Mortgage Federal Corp
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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