637 MIDWAY DRIVE #B
About This Property
The manager has listed the unit size as 1147 square feet.
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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.
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 |
|---|---|---|---|
| Aug 9, 2026 | Price Decreased |
$109,900
↓ $7K
(6.1%) | |
| Price Decreased | |||
| Jul 20, 2026 | Price Decreased |
$117,000
↓ $8K
(6.4%) | |
| Price Decreased | |||
| Jun 1, 2026 | Listed | $125,000 | |
| Listed | |||
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|
45k in UPGRADES!! Welcome to this beautifully remodeled second-floor condo in a 55+ community overlooking Lake Sparkle and the Silver Springs Shores Country Club golf course. The TURNKEY move-in-ready home offers quality improvements throughout. The kitchen features shaker-style cabinetry, quartz countertops, stainless steel appliances, a subway tile backsplash, a deep stainless steel sink, a garbage disposal, upgraded lighting, a reverse osmosis water system, and lake views. Porcelain wood-look tile flooring and custom wainscoting add a clean, updated feel throughout the main living areas. The enclosed lanai has been professionally upgraded with insulated walls and ceiling, impact-rated double-pane Low-E Simonton windows, waterproof luxury vinyl plank flooring, motorized solar shades, and a large utility closet for additional storage. It's the perfect place to relax and enjoy the lake and golf course views year-round. The primary suite includes plantation shutters, a walk-in closet with a custom hardwood organizer, and a ceiling fan with remote. The guest bedroom also features plantation shutters, a dual-door closet, and a ceiling fan. Both bedrooms overlook the community pool area. Additional improvements include new baseboards and trim, upgraded light switches and GFCI outlets, four smoke alarms, and reinforced subflooring with cement board for added durability and sound reduction. Residents enjoy access to the Silver Springs Community Center, two heated pools, golf, and a convenient location close to shopping, dining, medical facilities, parks, and everyday conveniences. If you're looking for a well-maintained, upgraded condo with exceptional views, this one deserves a closer look.
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| Jan 27, 2022 | No longer available | - | |
| No longer available | |||
| Jan 4, 2022 | Listed | $125,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/04/2022
|
2 Bed
|
2 Bath
|
1147 ft²
|
$125,000
2 Bed
2 Bath
1147 ft²
|
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Marie Evans
RE/MAX PREMIER REALTY
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017