$139,900
●
Condo -
Off Market
517 Fairways CIRCLE #A
OCALA, FL 34472
2 Beds
2 Baths,
1
Half Bath
1,031 Ft²
$978
Est. Monthly
$253
HOA / Fees
8.48%
Cap Rate
About This Property
Fabulous Downstairs Unit in a 55+ community. Great Kitchen
with SS appliances, Kitchen Bar, Granite and tile floors.
Open to Living room and dining room. Both have Laminate
flooring and great views of the lanai and pretty back yard.
This unit has an indoor Laundry room for great convenience.
Large Primary bedroom with Walk in closet and an En Suite
Bath. 2nd bedroom is a large room as well. Enjoy the
community pool and beautiful landscape throughout the
neighborhood.
Minutes from the Silver Springs Community center. Free membership and a $5 fee for your member key. Silver Springs community Center offers a small gym, 3 pools, jacuzzi, pickle ball, Library, recreation, Lake, shuffleboard and so much more. Lower Taxes and Lower Homeowners insurance make this the perfect Permanent or winter home. Have Lunch at Gator Joes BeachBar and Grill only 6 Miles away or Visit Carny Island and Lake Weir only miles away!. Love nature? Visit Silver Springs Sate Park only 7 miles away... Go kayaking... Walk... Shop downtown Ocala..what ever you wish... Call and schedule your personal tour today!
Minutes from the Silver Springs Community center. Free membership and a $5 fee for your member key. Silver Springs community Center offers a small gym, 3 pools, jacuzzi, pickle ball, Library, recreation, Lake, shuffleboard and so much more. Lower Taxes and Lower Homeowners insurance make this the perfect Permanent or winter home. Have Lunch at Gator Joes BeachBar and Grill only 6 Miles away or Visit Carny Island and Lake Weir only miles away!. Love nature? Visit Silver Springs Sate Park only 7 miles away... Go kayaking... Walk... Shop downtown Ocala..what ever you wish... Call and schedule your personal tour today!
Unit Size
1,031 Ft²
Days on Market
60 days
Land Size
0.01 acres
Price per sqft
$136
Property Type
Condo
Property Taxes
$37
HOA Dues
$253
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Stellar MLS #OM678496)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| May 11, 2024 | Listed by REMAX/PREMIER REALTY | $139,900 | |
| Listed by REMAX/PREMIER REALTY | |||
Property Highlights
Air Conditioning
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Washer
Flooring Type: Laminate, Tile
Laundry Features: Laundry Room
Rooms: 6
Exterior Details
Square Footage: 1031
Square Footage Source: $0
Year Built: 1981
Building Area Total: 1236
Levels: One
Building Area Units: Square Feet
Construction Materials: Stucco, Wood Frame
Lot Size Area: 573
Lot Size Units: Square Feet
Lot Size Acres: 0.01
Lot Size Square Feet: 573
Water Source: None
Financial Details
Tax Annual Amount: $449
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric, Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Trash
HOA Fee: $253
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/11/2024
|
2 Bed
|
2 Bath
|
1031 ft²
|
$139,900
2 Bed
2 Bath
1031 ft²
|
$139,900
07/10/2024
|
Marie Evans
RE/MAX PREMIER REALTY
|
Building Info
About Silver Springs Shores
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Listed by: Marie Evans
REMAX/PREMIER REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM678496
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
REMAX/PREMIER REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM678496
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Phone: 425-283-2930
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