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Map
631 SILVER PASS #A
About This Property
Circle Condominiums offers comfort, affordability, and flexible ownership opportunities. With 1,058 living square feet, this home features a fully renovated kitchen completed
in 2025 with abundant cabinet and pantry space, spacious living and dining areas, updated flooring throughout the main living areas and bathrooms, fresh interior paint, and a
relaxing Florida room perfect for enjoying Florida living. The spacious primary bedroom offers a walk-in closet, while the second bedroom also features generous closet
space. Fairways Circle offers a peaceful golf course community atmosphere with beautifully maintained grounds and mature landscaping designed for easy, low-maintenance
living. The monthly HOA fee includes basic cable television, exterior building maintenance, building insurance, lawn care, garbage pickup, common area maintenance, and
access to the community pool. Conveniently located near the Silver Springs Shores Community Center, residents can enjoy swimming, billiards, clubs, social gatherings,
fishing, archery activities, and more. This home is being offered with multiple financing and purchasing possibilities to help accommodate a wide variety of buyers, including
cash, conventional, FHA, and VA financing for qualified purchasers. Additional opportunities such as lease purchase, lease option, and contract for deed may also be
considered. The property is additionally available at $1,350 per month, which includes the HOA fee, creating an affordable opportunity for buyers seeking flexibility and a
potential path toward homeownership in a beautifully maintained Florida community.
Listed By
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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%.
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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.
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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 13, 2026 | Listed by HOMERUN REALTY | $139,900 | |
| Listed by HOMERUN REALTY | |||
| Jun 17, 2024 | Sold | ||
| Sold | |||
| May 4, 2024 | In contract | - | |
| In contract | |||
| Mar 30, 2024 | Price Decreased |
$127,500
↓ $12K
(8.3%) | |
| Price Decreased | |||
| Feb 23, 2024 | Listed by WATSON REALTY CORP- TIOGA | $139,000 | |
| Listed by WATSON REALTY CORP- TIOGA | |||
| | |||
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Updated ground floor 2 bed 1/1 bath in Fairways at Silver Springs Shores. There is beautiful vinyl flooring throughout the living room, dining room, and bathrooms. The home has a large kitchen with a lot of pantry space and a dining area. Each spacious bedroom has plenty of closet space. HOA monthly fees include basic cable television, insurance on the building, maintenance on the outside of the building, common area lawn care, garbage pickup and use of the community pool. Also located nearby is the Silver Springs Shores Community Center which provides a place where adults and youth can relax by the pool, play billiards, table tennis, and enjoy other activities on a daily basis. Additional outdoor youth programs are available including fishing and archery activities. Silver Springs Shores Community Center also hosts clubs, organizations, and parties of all kinds. Put this fantastic and affordably priced home on your must see list today!
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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 |
|---|---|---|---|---|---|---|---|
|
02/23/2024
|
2 Bed
|
2 Bath
|
1058 ft²
|
$139,000
2 Bed
2 Bath
1058 ft²
|
$125,000
-10.07%
06/17/2024
|
Kyle Hoppenworth
WATSON REALTY CORP- TIOGA
| |
|
02/03/2019
| |
2 Bed
|
2 Bath
|
1058 ft²
|
$59,900
2 Bed
2 Bath
1058 ft²
|
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-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017