Overview

$842,500

20% Min Down

S/L 137 Lake Meade Dr #

137 Lake Meade Drive, Cleveland, OH 44128

For sale in Orange

4 BR | 4 BA | 3,290 ft² | $256/ft² | 1.51% Cap Rate

Listed Mar 22nd, 2021
Don't miss your chance to build our most popular model, The Somerset, in our latest and last phase at Lakes of Orange! Play area, pool, tennis court, clubhouse and walking trails make for plenty to do for the entire family. Our Somerset model features a 3,290 square ft. open floor plan with an elegant 2-story entryway. The open dining room and gourmet kitchen flows effortlessly into a dramatic great room with 18 foot ceilings. Sliding glass doors, a breakfast nook and gas fireplace create the ideal space for entertaining or lounging. A luxury master-suite, ensuite bathrooms with every bedroom, loft and optional elevator are just a few of the amazing features the Somerset offers. 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 3290 square feet.

Inquire about this Property

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Features & Amenities

Unit Amenities

  • Basement
  • Fireplace
  • Pool
  • Dishwasher
  • Garbage Disposer
  • Microwave
  • Range
  • Washer
  • Central A/C
  • Exterior: Stone
  • Forced Air

Building Policies

Learn more about 137 Lake Meade Drive, Cleveland, OH 44128

Listed By

History

Date Event Price
May 18, 2021 Price Increase $842,500
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Mar 22, 2021 Listed $817,500
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Property Analysis

Price Estimate

$850,925

HopScore Market Price

$842,500

Current Asking Price

+$8,425

Difference from Asking

Cap Rate Analysis

Operating Profit

$12,720
/

Purchase Price

$842,500
=

Cap Rate

1.51%
**

* Actual income may vary between $960 and $1,440 depending on unit-specific characteristics.

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

Comparables

Units for sale near S/L 137 Lake Meade Dr

Unit Br Ba ft² Closed Price
Common Charges

Units for rent near S/L 137 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 2.57 mi
Ballard Brady Middle School Middle School 6 to 8 2.57 mi
Orange High School High School 9 to 12 2.57 mi
Orange Inclusive Preschool Prekindergarten PK 2.57 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

$3,830

Per Month

Recent Transactions at S/L 137 Lake Meade Dr

Transaction history for 137 Lake Meade Drive

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

Apartments for Sale at 137 Lake Meade Drive

UnitBrBaft²ListedListing AgentAskingPrice/ft² HOA + Tax Floorplans

Apartments for Rent at 137 Lake Meade Drive

UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

Nearby Buildings

Learn more about S/L 137 Lake Meade Dr #

Building at 137 Lake Meade Drive, Cleveland, OH 44128

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