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287 E 248th, Euclid, OH, 44123

$120,000

Home List Price

$1,425*

Closing Credit

3 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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287 E 248th, Euclid$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage
Garage2 spaces
Year Built1925
HeatingForced Air
CoolingNone
BasementYes
MLS #5020820
Lot Size0.16 Acres
StatusActive

About 287 E 248th

Well maintained, move in ready Euclid Cape Cod with 3 bedrooms, 1 bathroom, and a 2 car detached garage. Leased to a new tenant for $1,200/month + all utilities, starting April 1, 2024. The home is fully POS compliant. The home is under professional property management which can transfer to the new owner. This low maintenance turnkey property is the perfect portfolio builder for investors who are looking to sit back and collect the rent checks. No seller financing. No wholesalers. Offers with assignment clauses will be rejected. See broker remarks or email broker for a video walk through of the property.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1925

Listing Office:

  • Office Name: CTM Organization LLC
  • Office Email: tim@tim-murphy.org
  • Listing Agent: C. Timothy Murphy III

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Shoreview Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: E 248th St, south of Lakeshore.

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
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Housing Market Comparison

See how this home compares to others in Euclid, OH.

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Euclid, OH

City

Med. Sold Price

$130K

Med. Price/SqFt

$85

Avg. Days On Market

55

# of Sold Homes

59

287 E 248th vs Euclid

58 DAYS ON ROCKET

+3 Days

$120,000

-$10K Less

KEY TAKEAWAY

This property is $10K less than the Median Sold Price in Euclid, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5020820

Listing Office:

  • Office Name: CTM Organization LLC
  • Office Email: tim@tim-murphy.org
  • Listing Agent: C. Timothy Murphy III

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 6:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1977248
4
/10

  • Shoreview Elementary School

  • 490 E 260th St

  • 0.32 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,714. The most common annual income of people living in Euclid, OH is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 287 E 248th

What is the listing price of this property?

The listing price of 287 E 248th property is $120,000.

What type of property is this?

The property 287 E 248th is a house located in Euclid, Ohio, 44123.

Is this property for sale now?

Active Listing: 287 E 248th is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 287 E 248th are:
Shoreview Elementary School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 287 E 248th has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The sq. ft. of 287 E 248th is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 287 E 248th is 1925.

Rocket Homes›Ohio›Cuyahoga County›Euclid›44123›287 E 248th

This home is located at 287 E 248th in Euclid, OH and zip code 44123. This home, which was built in 1925, sits on a 0.16 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $120,000.

While more than 19 listings in Euclid, OH in March 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 34 were sold below. Between February 2024 and March 2024, Euclid, OH real estate market has seen increase in the number of listings by 9.2%. While the average time on the market in March 2024 was 55 days, the median list price was $130,000.

From Rocket Homes Real Estate and based on county public records data.

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