$120,000
●
Condo -
Off Market
700 Midway DRIVE #A
OCALA, FL 34472
2 Beds
2 Baths,
1
Half Bath
1,060 Ft²
$905
Est. Monthly
$257
HOA / Fees
9.64%
Cap Rate
About This Property
It's here! A ground floor unit with beautiful views of Lake Jade,
You can fish a few feet from your back door. This unit is waiting
for your personal touches, the HVAC has been replaced 2022 & The
Hot water heater was replaced recently. There is a large primary
bedroom to settle down in and an ample guest room right off the
entry hall. The living room is large with a dining area big enough
for guest. Step out to the enclosed Lani and enjoy all nature has
to offer with views of Lake Jade and the Silver Springs Forest that
sits just beyond. We have a nice pool to relax in on those
hot days and also you are able to join Silver Springs Community
Center for just 5.00 and participate in a variety of activities
from water aerobics to pool, pickle ball, tennis and games.. you
will have plenty of activities to choose from
Unit Size
1,060 Ft²
Days on Market
243 days
Land Size
-
Price per sqft
$118
Property Type
Condo
Property Taxes
$35
HOA Dues
$257
Year Built
-
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Cap Rate Calculator
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Stellar MLS #OM675504)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | Price Decreased |
$125,000
↓ $5K
(3.9%) | |
| Price Decreased | |||
| Aug 20, 2024 | Price Decreased |
$130,000
↓ $8K
(5.8%) | |
| Price Decreased | |||
| Jun 11, 2024 | Price Decreased |
$138,000
↓ $7K
(4.8%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Air Conditioning
With View
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Living Room/Dining Room Combo
Appliances: Dishwasher
Flooring Type: Carpet, Ceramic Tile, Laminate
Laundry Features: In Kitchen
Rooms: 3
Exterior Details
Square Footage: 1060
Square Footage Source: $0
Property Condition: Completed
Architectural Style: Traditional
Year Built: 1972
Waterview: Lake
Building Area Total: 1249
Levels: Two
Building Area Units: Square Feet
Window Features: Aluminum Frames
Construction Materials: Stucco
Patio and Porch Features: Enclosed, Rear Porch
Pool Features: Gunite, In Ground
Pool is Private
Lot Features: Landscaped
Tax Lot: e-j
Water Source: Public
Financial Details
Tax Annual Amount: $415
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Grounds, Pool Maintenance, Trash
HOA Fee: $257
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2024
|
2 Bed
|
2 Bath
|
1060 ft²
|
$145,000
2 Bed
2 Bath
1060 ft²
|
$120,000
-17.24%
11/25/2024
|
Vicki Moore
REMAX/PREMIER REALTY HWY 200
|
Building Info
About Silver Springs Shores
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Listed by: Vicki Moore
BLUE MAGNOLIA REAL ESTATE LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# OM675504
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
BLUE MAGNOLIA REAL ESTATE LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# OM675504
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017