506 Silver COURSE #B
About This Property
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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 |
|---|---|---|---|
| Mar 6, 2026 | Price Decreased |
$153,000
↓ $7K
(4.3%) | |
| Price Decreased | |||
| Sep 22, 2025 | Listed by RE/MAX PREMIER REALTY | $159,900 | |
| Listed by RE/MAX PREMIER REALTY | |||
| |||
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You don't want to miss this! Whether you're looking for a place to snowbird, or a primary residence this beautiful condo is exactly what you're looking for. Newly replaced flooring, new appliances, and like-new furniture is just part of what makes this unit so special. The 55+ community offers a very quiet atmosphere and a community pool for refreshment. Located just 1 mile from the Silver Springs Shores Community Center, have unlimited access to pools, hot tub, pickleball, volleyball, fitness center, billiards room, and many social events! All for just $5 per year! Conveniently located just a few minutes from Walmart, Publix, Aldi, restaurants, and Walgreens, this a great place to call home.
| |||
| Aug 15, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | Listed by KELLER WILLIAMS CORNERSTONE RE | $139,000 | |
| Listed by KELLER WILLIAMS CORNERSTONE RE | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/15/2023
|
2 Bed
|
2 Bath
|
1113 ft²
|
$139,000
2 Bed
2 Bath
1113 ft²
|
$145,000
+4.32%
08/15/2023
|
Melissa Mitchell
KELLER WILLIAMS CORNERSTONE RE
| |
|
01/19/2023
|
2 Bed
|
2 Bath
|
1113 ft²
|
$135,000
2 Bed
2 Bath
1113 ft²
|
$135,000
02/28/2023
|
Melissa Mitchell
KELLER WILLIAMS CORNERSTONE RE
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017