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3905 E 189th St

Asset Issuer

Lofty AI

Asset Platform

Lofty AI

Asset Name

3905 E 189th St

Asset Class

Real Estate

Asset Type

Residential Real Estate

Asset Abbreviation

3905 ES

Asset Fraction Price

$ 27.79

Asset Fraction Yield

6.69%

Asset Fraction Maturity

N/A

Min. Investment Size

$ 27.79

Asset Fraction Sale End Date

Asset
Valuation

$ 140,696

Category

Description

The property at 3905 E 189th St in Cleveland, Ohio (ZIP 44122) is a single-family ranch-style home built in 1954 with approximately 1,179 sq ft of living space. It includes 3 bedrooms and 1 bathroom and is situated on a roughly 6,300 sq ft lot in the Lee-Miles neighborhood of eastern Cleveland. The home has a detached 2-car garage and sits on a slab foundation with no basement. Historically it has been a tenant-occupied investment property and is typically sold “as-is.” Recent estimates place its value between about $108,000 and $146,000, and tax records show annual property taxes in the $2,400 range. The neighborhood offers basic amenities and is accessible by car with limited transit and walkability.

Features

  • Single-family ranch home (off market)
  • Built in 1954
  • Approximately 1,179 sq ft of living space
  • 3 bedrooms and 1 bathroom
  • Lot about 6,377 sq ft
  • Detached 2-car garage
  • Slab foundation (no basement)
  • Forced-air gas heating
  • Sold “as-is” / historically tenant-occupied
  • Located in the Lee-Miles area of Cleveland (residential neighborhood)
  • Estimated market value approx $108,000 – $146,000
  • Annual property taxes around $2,400
  • Details

    Asset Platform URL

    https://www.lofty.ai/

    Asset Location

    United States

    Regulatory Jurisdiction

    Cleveland, OH 44122

    Asset Fraction Type

    Security Tokens

    Asset Standard

    N/A

    Blockchain Network

    N/A

    Total Asset Fraction Supply

    2,352 tokens

    Asset Fraction Sale Allocation

    2,352 tokens

    Total Asset Fractions Sold (So Far)

    Max. Investment Size

    Asset Fraction Sale Start Date

    Assesment/Rating Provider

    Assesment/Rating

    Assessment/Rating Proof

    Asset Insurance

    Financial Statements

    Financial Audits

    Asset Valuation

    $ 140,696

    Asset Valuation Documentation

    Asset Ownership Structure

    Company Registration

    License or Regulatory Framework

    Smart Contract

    Smart Contract Audit

    Whitepaper

    Relevant External Links

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    Risk Disclosure

    Investing in alternative and fractional assets involves a high degree of risk and may not be suitable for all investors. Such investments are often illiquid, speculative, and subject to substantial risk, including:

    • Loss of principal
    • Illiquidity and lack of a secondary market
    • Valuation uncertainty and volatility
    • Regulatory limitations and lack of investor protections
    • Concentration risk
    • Past performance not being indicative of future returns

    Always consult qualified financial, legal, and tax professionals before making investment decisions.