Property Q&A in Massillon>Question Details

Dave, Renter in North Canton, OH

What is a fair monthly rental rate to charge for this property?

Asked by Dave, North Canton, OH Mon Jul 5, 2010

New property on cul-de-sac, 3300 sqare feet 3 bdr, 3.5 bath, finished walk-out basement that overlooks lake

This question is about this property:…

Help the community by answering this question:


Hi Dave, according to your link, the home is off the market, but was up for sale in the last year for 399K. It is a great looking home, I was surprised to see it was a condo.

If we assume it sold in that neighborhood, 400K is around 2200-2500 dollars per month at 5 and 6% respectively. Add taxes and condo fees, you are probably looking at a mortgage payment near 3K. So I would guess a fair rental is somewhere between 2200 up to 3200, if the home was purchased in the last year.
Jim Ryan, Home Savings of America, 703 591 5626 ext 419.
0 votes Thank Flag Link Wed Jul 7, 2010
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer