625 Midway DRIVE #A
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 |
|---|---|---|---|
| Sep 17, 2026 | Relisted | $119,000 | |
| Relisted | |||
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Price Decreased |
$119,000
↓ $10K
(7.8%) | |
| Price Decreased | |||
| Mar 22, 2026 | Price Decreased |
$129,000
↓ $6K
(4.4%) | |
| Price Decreased | |||
| Jan 28, 2026 | Listed by RE/MAX PREMIER REALTY | $134,900 | |
| Listed by RE/MAX PREMIER REALTY | |||
| |||
|
REDUCED PRICE $119,000.00. DOWNSTAIRS 2/2 furnished Condo on Lake Sparkle. This is a 55+ Condo with AMAZING views of Lake. Motivated Owner!
Once you see this view out your Lania, you will never want to leave. Large Bedrooms and the Owner suite has a full En Suite bath with extra closet space. Owner suite has a full walk in closet as well. Kitchen is light and bright with Backsplash and tile countertop. All appliances stay with the unit. Spectacular view from the living room, dining room, kitchen and lanai. Brand New Roof to installed 2024. New AC 2022 and Hot Water Heater 2016. New Exterior Paint 2026. Sidewalks throughout neighborhood if you love to walk. Enjoy the community pool and and also the Silver Springs Community Center. This is Free to all Condo Owners. You pay $5 for a laminate badge. 3 Pools, 1 Jacuzzi, Pickleball, Fitness Center, a lake and so much more to enjoy. Parks, Doctors, Shopping, Restaurants within minutes. Silver Springs State Park is 8 miles away and the World Equestrian Center is 19 Miles away. Cash 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 |
|---|---|---|---|---|---|---|---|
|
04/18/2023
|
2 Bed
|
2 Bath
|
1068 ft²
|
$127,900
2 Bed
2 Bath
1068 ft²
|
$124,000
-3.05%
09/21/2023
|
Marie Evans
RE/MAX PREMIER REALTY
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017