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Property profile & analytics
OFF-MARKET
Apartment buildings
Noble Rd Cleveland Heights, OH 44121
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-4224267
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Lot
0.11 ac (4,720 SF)
Zoning code
MF2
APN
682-29-020
UPID
US66-4224267
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
Cyrus B Kutz · 6 yrs held
Cyrus B Kutz
since 2020
6 recorded transactions
Zoning & alternative use
MF2 · Cleveland Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Code adopted 20240116
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
$877
Tax year 2023
Assessed value
$5,570
Assessed 2023
Previous assessed
$5,570
+0.0% YoY
Effective rate
15.75%
On assessed value
Assessed land
$5,570
Land market value
$15,900
Total market value
$15,900
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Heating
NONE
Lot
0.11 ac (4,720 SF)
Zoning code
MF2
APN
682-29-020
UPID
US66-4224267
Jurisdiction
CUYAHOGA
Zoning & alternative use
MF2 · Cleveland Heights, OHZoning MF2 · permitted uses
MF2 · Cleveland Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Code adopted 20240116
Building & site characteristics
From public records
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
Cyrus B Kutz
Individual
Mailing address
1843 S ALMOND AVE, ONTARIO, CA 91762-6039
Ownership since
2020
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
Jul 6, 2020
—
Cyrus B Kutz
Lloyds Holding Group LLC
Grant Deed
related
—
Apr 10, 2019
$186,200
Freedom Mtg Corp
Sheriff Of Cuyahoga County|clayton,velletta O
Trustees Deed
related
—
Nov 1, 2002
$219,900
Velletta O Clayton
Mazel Properties Ltd
Grant Deed
$216,499 · Union Capital Mortgage Corp
Dec 28, 2000
—
Mazel Properties Ltd
Gofman,yelena A
Quit Claim Deed
related
—
Aug 21, 2000
$185,000
Yelena Gofman
Gulich,kathryn M
Grant Deed
$166,500 · Golden Rule Mortgages INC
—
—
Velletta O Clayton
—
Deed Of Trust
related
$192,819 · Freedom Mortgage
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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