Overview

$875,000

20% Min Down

217 Lake Meade Dr #

217 Lake Meade Drive, Chagrin Falls, OH 44022

For sale in Orange

3 BR | 3 BA | 2,918 ft² | $300/ft² | 1.39% Cap Rate

Listed Mar 22nd, 2021
OUR LAST PHASE IS HERE DON'T MISS YOUR CHANCE TO BUILD IN THE HOTTEST NEW COMMUNITY IN ORANGE. First floor living at its finest, our Durango Ranch includes 3 full bedrooms, 3 full bathrooms, 2,918 sq ft of living space. HOME IS TO BE BUILT. A Kertes Homes luxury subdivision, OUR FINAL PHASE! Build your dream home with Kertes Homes, customized to your individual needs..... don't miss your chance to live in Orange Village's hottest new construction community! Play area, pool, tennis court, clubhouse and walking trails make for plenty to do for the entire family. Surrounded by 25 acres of Nature Conservation Area, and conveniently located just minutes from Pinecrest and Eaton, the Lakes of Orange is truly the perfect place to call home.

The manager has listed the unit size as 2918 square feet.

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Features & Amenities

Unit Amenities

  • Basement
  • Central A/C
  • Exterior: Stone
  • Forced Air

Building Policies

Learn more about 217 Lake Meade Drive, Chagrin Falls, OH 44022

Listed By

History

Date Event Price
May 18, 2021 Price Increase $875,000
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Mar 22, 2021 Listed $850,000
ListingHistoryRow::__set_state(array( 'event_date' => '2021-03-22', 'event_type' => 'Listed', 'event_source' => 'Public Record', 'event_value' => '$850,000', 'orig_value' => NULL, 'listing_id' => '13757058', 'unit' => '', 'building_id' => NULL, 'street_address' => '217 Lake Meade Dr', 'citystate' => 'Orange, OH', 'bedrooms' => '3', 'bathrooms' => '3', 'square_feet' => '2918', 'pretty_url' => 'https://www.realtyhop.com/building/217-lake-meade-dr-orange-oh/house/13757058', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( ), 'orig_type' => 'listing_row', 'alt_data' => '', ))

Property Analysis

Price Estimate

$883,750

HopScore Market Price

$875,000

Current Asking Price

+$8,750

Difference from Asking

Cap Rate Analysis

Operating Profit

$12,120
/

Purchase Price

$875,000
=

Cap Rate

1.39%
**

* Actual income may vary between $920 and $1,380 depending on unit-specific characteristics.

** 100% occupancy is assumed. Leverage (mortgage) is not considered.

Comparables

Units for sale near 217 Lake Meade Dr

Unit Br Ba ft² Closed Price
Common Charges

Units for rent near 217 Lake Meade Dr

Unit Br Ba ft² Closed Price
Common Charges

Building Info

Want to find out who owns 60 East 8th Street? Get detailed property transactions here.

Neighborhood

Stats & Trends

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Median Asking

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Above Asking

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Sale Price/ft²

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Days on Market

Schools

School Type Grades Distance
Moreland Hills Elementary School Elementary KG to 5 2.53 mi
Ballard Brady Middle School Middle School 6 to 8 2.53 mi
Orange High School High School 9 to 12 2.53 mi
Orange Inclusive Preschool Prekindergarten PK 2.53 mi
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Mortgage Payment Calculator

$3,962

Per Month

Recent Transactions at 217 Lake Meade Dr

Transaction history for 217 Lake Meade Drive

Unit Br Ba ft² Listed Listing Agent Asking
HOA + Tax
Closed Closing Buyer(s)

Apartments for Sale at 217 Lake Meade Drive

UnitBrBaft²ListedListing AgentAskingPrice/ft² HOA + Tax Floorplans

Apartments for Rent at 217 Lake Meade Drive

UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

Nearby Buildings

Learn more about 217 Lake Meade Dr #

Building at 217 Lake Meade Drive, Chagrin Falls, OH 44022

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