Neighborhood
4012 Vernon Ave NW, Canton, OH 44709
3 beds · 1 bath · 1,326 sq ft · Lot: 5,198 sq ft · Single Family Home · Last Sold: $94.5K in 2017 · Built: 1956
Est. Value:
$182K
Est. Rent:
$1.8K/month

4012 Vernon Ave NW Canton, OH 44709

3 beds · 1 bath · 1,326 sq ft · Lot Size: 5,198 sq ft · Single Family Home · OUR
Est. Property Value: $182,125

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4012 Vernon Ave NW is in the OUR neighborhood of Canton, OH. It is located in Stark County and ZIP code 44709. This Single Family Home was built in 1956 and is approximately 69 years old. The single family home spans 1326 sq ft with 3 bedrooms and 1 bathroom and sits on a 5198 sq ft lot. According to public records, it was last sold in 2017 for $94,500 and has a tax-assessed value of $102,800, which is $137 per sq ft. The OUR area of Canton has 302 residential homes with an average size of 1248 sq ft. Analyze and compare real estate investment strategies for properties like this home at 4012 Vernon Ave NW Canton, OH 44709 with Property Intel by Whitepages.

Investment Potential for 4012 Vernon Ave NW

The property has a current estimated value of $182,125, which is 5% above the neighborhood median, based on public records. It last sold on May 12, 2017 for $94.5K. Projected long-term
is $21,600 annually ($1,800 per month) with a 90% occupancy rate.

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Long-Term

Gross Rental
$21,600 per year($1,800 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 44709 zip code
 
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Owners & Occupancy for 4012 Vernon Ave NW

No contact information is available.

Occupancy

Resident 1******************* age 30
Resident 2**************** age 29

Property Details for 4012 Vernon Ave NW

Property Details

Property Sq Ft

Living Area

1,326 sq ft

6% above market

Lot Size

5,198 sq ft

33% below market

Price Per Sq Ft

Living Area

$137 / sq ft

2% below market

Lot Size Area

$35 / sq ft

57% above market

Property condition, age, exterior, etc. for 4012 Verno…
Longitude: -81.384787 Latitude: 40.842997 Parcel Number (APN): 00300082…
Mortgage originated on through lender: First Commonwealth Bk for$*****View Mortgage Details
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Market Benchmarks

Compare data for 4012 Vernon Ave NW in Stark County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$182,125
$205,444
-$23,319 (-11%)
$313,711
-$70,730 (-23%)
YoY Price Change
3.15%
8%
Year Built
1956
1962
-6 years
Living Space
1,326 sq ft
1,501 sq ft
-175 (-12%)
$ Per Living Sq Ft
$137
$142
-$5 (-4%)
Lot Size
5,198 sq ft
11,282 sq ft
-6084 (-54%)
$ Per Lot Sq Ft
$35
$20
$15 (75%)

Net Operating Income
$15,509
$478 (3%)
Annual Revenue
$21,600
$22,800
-$1,200 (-5%)
$6,729
-$1,116 (-17%)
Net Operating Income
$15,509
$478 (3%)
Cap Rate
7.22%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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