$120,000
●
Condo -
Off Market
581 MIDWAY DRIVE #A
OCALA, FL 34472
2 Beds
2 Baths
1,138 Ft²
$124,300
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Two bedroom, two bath located in desireable Live Oak Village, this
55+ ground floor condo is located in the desireable area of Live
Oak, boasting a full view of Lake Sparkle. This unit comes
completely furnished with exception of television with over 1100
square feet under air. Tree lined streets, located in a
quiet, peaceful community provides an atmosphere for your morning
walk / bike ride / golf cart ride, or your evening tour. Located on
a dead end road, traffic is minimal. Grounds are impeccable and
extremely well maintained by the condo association. Major retailor,
pharmacy, veterinarian, hardware store, grocery, and local
restaurants less than ten minute drive. This community has a
mixture of year round residents as well as seasonal. Amenities
include basic cable, common area maintenance, pool maintenance, and
sewer. Large master bedroom, oversized king size bed currenly on
site, and still plenty of room.
Unit Size
1,138 Ft²
Days on Market
-
Land Size
0.01 acres
Price per sqft
$110
Property Type
Condo
Property Taxes
$51
HOA Dues
-
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: 4 years ago (Stellar MLS #OM660945)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by FONTANA REALTY EAST OCALA | $125,000 | |
| Listed by FONTANA REALTY EAST OCALA | |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Full Bathrooms: 2
Interior Features: Thermostat, Window Treatments
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring Type: Carpet
Laundry Features: Inside
Exterior Details
Square Footage: 1138
Square Footage Source: $0
Year Built: 1972
Waterview: Lake
Building Area Total: 1250
Levels: One
Construction Materials: Vinyl Siding
Lot Size Units: Square Feet
Lot Size Acres: 0.01
Lot Size Square Feet: 488
Tax Lot: 105D
Water Source: None
Financial Details
Tax Annual Amount: $609
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash
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 |
|---|---|---|---|---|---|---|---|
|
07/14/2023
|
2 Bed
|
2 Bath
|
1138 ft²
|
$125,000
2 Bed
2 Bath
1138 ft²
|
$120,000
-4.00%
08/28/2023
|
David Wineriter
FONTANA REALTY EAST OCALA
| |
|
06/10/2021
|
2 Bed
|
2 Bath
|
1138 ft²
|
$86,000
2 Bed
2 Bath
1138 ft²
|
$86,000
08/02/2021
|
Kathy Carpenter
FOXFIRE REALTY
|
Building Info
About Silver Springs Shores
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Listed by: David Wineriter
FONTANA REALTY EAST OCALA
Last Updated: 4 years ago
Data Source: Stellar MLS, MLS# OM660945
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.
FONTANA REALTY EAST OCALA
Last Updated: 4 years ago
Data Source: Stellar MLS, MLS# OM660945
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017