522 Midway DRIVE #A
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 15, 2022 | Sold | ||
| Sold | |||
| Oct 14, 2022 | Listed by LOCAL REALTY SERVICES LLC | $128,500 | |
| Listed by LOCAL REALTY SERVICES LLC | |||
| | |||
|
Nestled on a dead end street under a canopy of live oak trees is the Live Oak Condo Retirement Community. Live Oaks Retirement Community is one of the most affordable and well maintained condo communities in the Ocala area. This close knit community offers maintenance free grounds, enjoy taking a stroll down the shaded paths and stop to talk to a neighbor or take a refreshing a dip in the crystal clear pool. Meet up with friends in the clubhouse for a friendly game of cards or just enjoy the Florida sunshine. Rare to find a downstairs unit for sale. Master bedroom is large with ensuite bath and his/her closets. The second bedroom is also large with double closet. Offers a living room with sliders to the Florida Room and a separate dining area. The kitchen is bright with lots of cupboard space and all appliances convey. Vinyl flooring throughout the unit makes for easy clean up. New roof in 2022 plus new hot water heater in 2022 and new dishwasher in 2022 sets your mind at ease. Enjoy the Florida Room overlooking the golf course. This unit has been well maintained and is squeaky clean ready for it's new owner. Grocery, diner and McDonald's close by and easy drive to other amenities. Don't miss this great opportunity for affordable Florida living.
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| Sep 8, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by WEICHERT REALTORS HALLMARK PRO | $88,000 | |
| Listed by WEICHERT REALTORS HALLMARK PRO | |||
| Oct 25, 2010 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/14/2022
|
2 Bed
|
2 Bath
|
1138 ft²
|
$128,500
2 Bed
2 Bath
1138 ft²
|
$128,500
12/10/2022
|
Nancy Minch
LOCAL REALTY SERVICES LLC
| |
|
06/25/2021
|
2 Bed
|
2 Bath
|
1138 ft²
|
$88,000
2 Bed
2 Bath
1138 ft²
|
$91,000
+3.41%
08/23/2021
|
Michael DeCastro
WEICHERT REALTORS HALLMARK PRO
|
Building Info
About Silver Springs Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017