605 BAHIA CIRCLE
About This Property
LOCATION: Very nice and peaceful subdivision with NO MONTHLY ASSOCIATION (HOA) FEES!. Walking distance from The Silver Spring Shores Community Center and the Golf and Country Club. Enjoy all the benefits and activities at the Center such as special events, Dancing, Jacuzzi, Pool tables, Pickleball, Fitness Center, a peaceful lake and so much more to enjoy. Recreation Parks, Doctors, Shopping, Restaurants Walmart Pharmacies and new developments all within minutes. Silver Springs State Park is 8 miles away and the World Equestrian Center is 19 Miles away. A REAL ESTATE LICENSEE HAS OWNERSHIP RIGHTS IN 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 |
|---|---|---|---|
| Jun 10, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| Apr 13, 2025 | Relisted | $345,000 | |
| Relisted | |||
| Mar 29, 2025 | In contract | - | |
| In contract | |||
| Feb 15, 2025 | Price Decreased |
$345,000
↓ $2K
(0.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017