301 Lineback Pl. #35
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 |
|---|---|---|---|
| Dec 22, 2023 | No longer available | - | |
| No longer available | |||
| Oct 2, 2023 | Listed | $450,000 | |
| Listed | |||
| | |||
|
Ask about our October Closing Cost Incentives! Located in the heart of North Myrtle Beach and just minutes from the renowned Barefoot Resort, Watertower Estates offers a lifestyle steeped in coastal elegance. This brand new community provides homeowners with a range of semi-custom townhome options, replete with nine-foot ceilings, luxury vinyl plank flooring, and detailed crown molding. Both the Boardwalk and Carolina models boast meticulous finishes such as stainless steel appliances, tiled backsplashes, and granite countertops throughout the kitchen, bathrooms, and laundry rooms. Homeowners can revel in the luxury of fully finished and painted garage interiors and expansive outdoor spaces—be it an upper deck overlooking a scenic lake in the Boardwalk model or a tranquil back patio in the Carolina plan. With a low monthly Homeowners Association fee, residents enjoy the benefits of a maintenance-free lawn, a community pool, and an amenities center. Additionally, the community is set to feature a clubhouse, biking trail, and multiple lakes. Situated within an award-winning school district and providing easy access to both Grand Strand and SeaCoast hospitals, Watertower Estates offers unparalleled convenience. The community stands as an excellent investment opportunity as well, allowing for both short and long-term rentals. Don't miss the chance to experience this epitome of Carolina coastal living—schedule a tour today to explore the available floor plans and community features. Welcome to your new home at Watertower Estates. Model Open Daily!
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| Aug 1, 2023 | No longer available | - | |
| No longer available | |||
| May 4, 2023 | Listed | $425,000 | |
| Listed | |||
| | |||
|
Welcome home to your brand new townhome located in Watertower Estates. This beautiful Carolina plan is under construction and is semi-custom featuring 3 bedrooms, 2 full baths, 9 foot ceilings, LVP flooring throughout first floor, stairs and high impact areas on second floor, tile in wet areas. Crown molding throughout as well as 3 1/4 trim on all windows and 5 1/4 base trim. Stainless steel appliances and tiled backsplash in kitchen. Beautiful granite counter tops in kitchen, bath and laundry room. Fully hung and painted garage walls and ceilings. A back patio to sit and relax while looking out at the beautiful lake view. The pictures in this listing are of the model home and is not the same floor plan. Please ask your agent for the Carolina floor plan and the neighborhood development plans. This home is located minutes to shopping, restaurants, and the amazing beach!! Schedule your showing today!!
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| Oct 26, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/04/2023
|
3 Bed
|
2.5 Bath
|
-
|
$480,000
3 Bed
2.5 Bath
|
-
-
|
Jennifer Burgess
JTE Real Estate
| |
|
05/20/2023
|
2 Bed
|
2.5 Bath
|
-
|
$359,900
2 Bed
2.5 Bath
|
-
-
|
The Mikey Mash Pro Team
BHHS Myrtle Beach Real Estate
| |
|
05/04/2023
|
5 Bed
|
3 Bath
|
-
|
$475,000
5 Bed
3 Bath
|
-
-
|
Holly Mosco
Duncan Group Properties
| |
|
08/28/2023
|
3 Bed
|
2.5 Bath
|
-
|
$399,900
3 Bed
2.5 Bath
|
-
-
|
The Mikey Mash Pro Team
BHHS Myrtle Beach Real Estate
| |
|
04/28/2023
|
3 Bed
|
2.5 Bath
|
-
|
$469,900
3 Bed
2.5 Bath
|
-
-
|
Kenneth "KJ" Jordan Jr
CB Sea Coast Advantage MI
| |
|
05/23/2023
|
3 Bed
|
2.5 Bath
|
-
|
$399,900
3 Bed
2.5 Bath
|
-
-
|
The Mikey Mash Pro Team
BHHS Myrtle Beach Real Estate
| |
|
05/04/2023
|
3 Bed
|
2 Bath
|
-
|
$425,000
3 Bed
2 Bath
|
-
-
|
Holly Mosco
Duncan Group Properties
| |
|
05/04/2023
|
3 Bed
|
2.5 Bath
|
-
|
$399,900
3 Bed
2.5 Bath
|
-
-
|
Kenneth "KJ" Jordan Jr
CB Sea Coast Advantage MI
| |
|
06/30/2022
|
3 Bed
|
3 Bath
|
-
|
$499,800
3 Bed
3 Bath
|
-
-
|
Kathryn Heverly
HIGHGARDEN REAL ESTATE
| |
|
06/30/2022
|
2 Bed
|
3 Bath
|
-
|
$419,700
2 Bed
3 Bath
|
-
-
|
Kathryn Heverly
HIGHGARDEN REAL ESTATE
| |
|
06/30/2022
|
5 Bed
|
4 Bath
|
-
|
$479,500
5 Bed
4 Bath
|
-
-
|
Kathryn Heverly
HIGHGARDEN REAL ESTATE
| |
|
06/30/2022
|
3 Bed
|
3 Bath
|
-
|
$468,900
3 Bed
3 Bath
|
-
-
|
Kathryn Heverly
HIGHGARDEN REAL ESTATE
| |
|
06/30/2022
|
3 Bed
|
3 Bath
|
-
|
$480,600
3 Bed
3 Bath
|
-
-
|
Kathryn Heverly
HIGHGARDEN REAL ESTATE
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017