615 Midway DRIVE #B
About 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 |
|---|---|---|---|
| May 27, 2026 | Sold | ||
| Sold | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| Apr 18, 2026 | Price Decreased |
$99,000
↓ $11K
(9.9%) | |
| Price Decreased | |||
| Mar 30, 2026 | Price Decreased |
$109,900
↓ $5K
(4.4%) | |
| Price Decreased | |||
| Feb 26, 2026 | Listed by RE/MAX PREMIER REALTY | $115,000 | |
| Listed by RE/MAX PREMIER REALTY | |||
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Spectacular View of LAKE SPARKLE out your Lanai Window. All new windows on lanai. One of the best views of this lake as the Lanai faces West and you are fortunate to witness the best sunsets around!!! Enjoy the second floor view from this 55+ condo on Midway Dr. This is a great Furnished Winter home or a Great permanent home. Turnkey 2 Full bedrooms and 2 full bathrooms. The owner suite is oversized at 15.5X11.10 and fits a King size bedroom and plenty of furniture. Owner suite has en suite bathroom. 2nd bedroom is also a great size with 12.10X11.3 measurements. Kitchen opens up to the Dining room with great views of the lake. Living Room and dining Room Combination also have great views of the lake. This fabulous condo just needs your updates to make it perfect for you. Own your own little piece of paradise. 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. Low Taxes and Low 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 wier only miles away!. Love nature? Visit Silver Springs Sate Park only 7 miles away... Go kayaking... Walk... Shop what ever you wish... Come visit Lakes Village West today and Fall in love! This is a Cash only Purchase.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/26/2026
|
2 Bed
|
2 Bath
|
1108 ft²
|
$115,000
2 Bed
2 Bath
1108 ft²
|
$89,000
-22.61%
05/27/2026
|
Marie Evans
RE/MAX PREMIER REALTY
| |
|
11/25/2023
|
2 Bed
|
2 Bath
|
1108 ft²
|
$130,000
2 Bed
2 Bath
1108 ft²
|
$120,000
-7.69%
12/27/2023
|
John Dankert
ROBERT SLACK LLC
| |
|
09/05/2023
|
2 Bed
|
2 Bath
|
1108 ft²
|
$120,900
2 Bed
2 Bath
1108 ft²
|
$120,000
-0.74%
10/13/2023
|
Marie Evans
RE/MAX PREMIER REALTY
| |
|
06/09/2022
|
2 Bed
|
2 Bath
|
1108 ft²
|
$114,900
2 Bed
2 Bath
1108 ft²
|
$110,000
-4.26%
08/12/2022
|
Marie Evans
RE/MAX PREMIER REALTY
| |
|
04/13/2019
| |
2 Bed
|
2 Bath
|
1108 ft²
|
$75,000
2 Bed
2 Bath
1108 ft²
|
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017