$105,000
●
Condo -
Off Market
551 Midway DRIVE #B
OCALA, FL 34472
2 Beds
2 Baths,
1
Half Bath
1,054 Ft²
$887
Est. Monthly
$295
HOA / Fees
9.67%
Cap Rate
About This Property
Wow!! What a view. Come see this well maintained upstairs Condor
Home offers incredible views, close to pool and club house. 2
bedroom, 11/2 baths recently, painted neutral colors, vinyl floors
in wet areas, New roof and almost new hot water heater, Home has
great appliances, bedroom TV, and ceiling fans, what else do you
need. How about close to shopping, close to the golf course, and
the Community center. Book your slowing Today!! ***SELLER offering
$2000 flooring credit with full price offer!!***
Unit Size
1,054 Ft²
Days on Market
101 days
Land Size
0.01 acres
Price per sqft
$109
Property Type
Condo
Property Taxes
$27
HOA Dues
$295
Year Built
-
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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 #OM670398)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2024 | Sold | ||
| Sold | |||
| Mar 11, 2024 | In contract | - | |
| In contract | |||
| Jan 31, 2024 | Price Decreased |
$114,990
↓ $5K
(4.2%) | |
| Price Decreased | |||
| Jan 5, 2024 | Listed by WEICHERT REALTORS HALLMARK PRO | $120,000 | |
| Listed by WEICHERT REALTORS HALLMARK PRO | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Ceiling Fans(s)
Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
Flooring Type: Carpet, Luxury Vinyl
Laundry Features: In Kitchen
Rooms: 4
Exterior Details
Square Footage: 1054
Square Footage Source: $0
Property Condition: Completed
Year Built: 1972
Waterfront Features: Lake
Waterview: Lake
Building Area Total: 1208
Levels: One
Window Features: Blinds
Construction Materials: Vinyl Siding
Lot Features: FloodZone, Near Golf Course
Lot Size Area: 474
Lot Size Units: Square Feet
Lot Size Acres: 0.01
Lot Size Square Feet: 474
Water Source: Public
Financial Details
Tax Annual Amount: $325
Utilities Details
Cooling Type: Central Air
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Common Area Taxes, Community Pool, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer
HOA/Condo/Coop Amenities: Cable TV, Clubhouse, Pool
HOA Fee: $295
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 |
|---|---|---|---|---|---|---|---|
|
01/05/2024
|
2 Bed
|
2 Bath
|
1054 ft²
|
$120,000
2 Bed
2 Bath
1054 ft²
|
$105,000
-12.50%
04/15/2024
|
Gregory Miller
WEICHERT REALTORS HALLMARK PRO
|
Building Info
About Silver Springs Shores
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Listed by: Gregory Miller
WEICHERT REALTORS HALLMARK PRO
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM670398
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.
WEICHERT REALTORS HALLMARK PRO
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM670398
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017