11720 Edgewater Dr APT 404, Lakewood, OH, 44107
About This Home
Studio unit located in the well-known Edgewater Towers building near Lake Erie and Edgewater Park. Ideal for investors, first-time buyers, or anyone seeking low-maintenance city living. Previously rented for $1,000/month, offering strong rental income potential. Property features: • Approx. 400 sq ft open studio layout • Full bathroom • Kitchen area • Located in secure high-rise building • HOA: $300/month • Vacant and ready for occupancy or leasing Prime location: • Steps from Edgewater Park & lakefront • Minutes to downtown Cleveland • Close to shopping, restaurants, and major highways Strong opportunity for an affordable primary residence or investment property in a recognizable lakefront building. Contact owner directly for details and showings. Calin Petrut 516-778-0555 Christian Bancsik 305-487-3126
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1952
Materials
- Foundation: Slab
- Roof: Asphalt
- Construction materials: brick
Type & Style
- Home type: Condo
Interior
Appliances
- Appliances included: Dishwasher,Range / Oven,Refrigerator
Basement
- Basement: None
Bedrooms & Bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Heating features: Other
Interior Area
- Total interior livable area: 400 sqft
Property
Details
- Parcel number: 31211917G
Features
- Exterior features: Brick
- On waterfront: Yes
Parking
- Parking features: Off-street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $328 | $3,936 |
| Home Insurance * | $26 | $312 |
| Property Taxes | $102 | $1,224 |
| Electricity | $193 | $2,320 |
| Total | $649 | $7,788 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-27 | Listed for sale | $69,990 |
| 2022-02-02 | Sold | $42,000 |
| 2021-12-02 | Pending sale | $39,900 |
| 2021-12-01 | Listed for sale | $39,900 |
| 2021-03-24 | Listing removed | -- |
| 2020-08-25 | Listing removed | $600 |
| 2020-07-24 | Listed for rent | $600 |
| 1996-08-30 | Sold | $13,000 |
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