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12028 Wade Park Ave
Asset Issuer
Lofty AI
Asset Platform
Lofty AI
Asset Name
12028 Wade Park Ave
Asset Class
Real Estate
Asset Type
Residential Real Estate
Asset Abbreviation
12028 WPA
Asset Fraction Price
$ 13.95
Asset Fraction Yield
3.38%
Asset Fraction Maturity
N/A
Min. Investment Size
$ 13.95
Asset Fraction Sale End Date
Asset
Valuation
$ 238,446
Category
Description
The home at 12028 Wade Park Ave is a single-family residence located in the University District of Cleveland, Ohio (ZIP 44106). It was built around 1890 and features a classic layout with an estimated 3 – 4 bedrooms and 1 bathroom, offering approximately 1,232–2,000 sq ft of living space depending on the record source. The property is currently off the conventional market and has changed ownership over the years, including being acquired by a Lofty Holding entity in 2023. Historical sale data shows a purchase price of about $200,000 in 2022, and recent estimates place its market value around $162,000 – $266,000. The home sits in a neighborhood close to cultural institutions like University Circle and enjoys access to local schools, community amenities, and transit. This makes it suitable both as a rental investment and potential owner-occupied property, with Zillow estimating possible rent around $1,634/month.
Features
- Single-family residential property in Cleveland, OH (University District)
- Built circa 1890 – 1950 (older historic structure with some record variation)
- Approximate living area: 1,232 – 2,000 sq ft (depends on record source)
- 3 – 4 bedrooms, 1 bathroom (varies by listing source)
- Located on a ~4,000 sq ft lot
- Off conventional sale market (not actively listed)
- Last recorded sale to a Lofty Holding entity in 2023
- Estimated market value: $162,000 – $266,000 (varies by source)
- Zillow rent estimate around $1,634/month
- Situated near University Circle, with cultural institutions, hospitals, and universities nearby
Details
Asset Platform URL
https://www.lofty.ai/
Asset Location
United States
Regulatory Jurisdiction
Cleveland, OH 44106
Asset Fraction Type
Security Tokens
Asset Standard
N/A
Blockchain Network
N/A
Total Asset Fraction Supply
4,442 tokens
Asset Fraction Sale Allocation
4,442 tokens
Total Asset Fractions Sold (So Far)
Max. Investment Size
Asset Fraction Sale Start Date
Assesment/Rating Provider
Assesment/Rating
Assessment/Rating Proof
Financial Statements
Financial Audits
Asset Valuation
$ 238,446
Asset Valuation Documentation
Asset Ownership Structure
Company Registration
License or Regulatory Framework
Smart Contract
Smart Contract Audit
Whitepaper
