481 MIDWAY DRIVE #B
About This Property
New stainless steel appliances - Whirlpool Oven and microwave in entry closet.
You have access to the Silver Springs Community Center for free. There is a $5 fee to get a badge. Pickle ball, Tennis, Basketball, small fitness room, community space and get togethers monthly. 3 Pools and 1 spa. this community is located one mile from the Silver Springs Golf and Country club. Fees are very reasonable. Close to shopping, medical, restaurants, springs, state parks and the World Equestrian center. Schedule your private tour to see this Oasis today.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2025 | Sold | ||
| Sold | |||
| Sep 7, 2025 | In contract | - | |
| In contract | |||
| Jul 19, 2025 | Listed by REMAX/PREMIER REALTY | $126,900 | |
| Listed by REMAX/PREMIER REALTY | |||
| Dec 23, 2022 | Sold | ||
| Sold | |||
| Nov 18, 2022 | Listed by RES MOVEMENT RE GROUP | $119,990 | |
| Listed by RES MOVEMENT RE GROUP | |||
| | |||
|
Beautiful 2nd floor condo. Turnkey. On lake sparkle. Most furniture convey.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/19/2025
|
2 Bed
|
2 Bath
|
1138 ft²
|
$126,900
2 Bed
2 Bath
1138 ft²
|
$121,500
-4.26%
10/02/2025
|
Marie Evans
RE/MAX PREMIER REALTY
| |
|
11/18/2022
|
2 Bed
|
2 Bath
|
1138 ft²
|
$119,990
2 Bed
2 Bath
1138 ft²
|
$113,000
-5.83%
12/23/2022
|
Nicole Haltaufderhyde
RES MOVEMENT RE GROUP
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017