4635 Wild Iris Dr. #104
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 16, 2023 | No longer available | - | |
| No longer available | |||
| Aug 15, 2023 | Listed | $269,000 | |
| Listed | |||
| | |||
|
This highly desirable community, MAGNOLIA PLACE, provides the solution you’re searching for in a coastal condo - it’s also a great option for a second home and/or investment property! You’re a short walk, bicycle or golf cart ride to our southern sandy beaches yet close enough to still enjoy the coastal breeze and sunshine. All the shopping, healthcare, grocery, restaurants, and entertainment are located only minutes away. The international airport is less than 15 minutes away and the sports entertainment convention centers are even closer. For the avid golfer or individual who enjoys lush, green landscaping year-round, this community adjoins Myrtlewood golf club - you’ll love it! This well-maintained, first floor END UNIT condo showcases a creative design style and subtle beach flair while providing a warm family-like relaxing experience. The end unit option is a highly sought after feature here in SUNNY Myrtle Beach as warm sunlight from all the windows and front glass storm door is abundant in this home. The newer kitchen appliances, washer & dryer, flooring and furniture truly make this a TURNKEY property. The master suite provides ample space, a dedicated full bathroom and of course, a PEACEFUL refuge. The second bedroom also has plenty of space along with direct access to a second bathroom. From your SCREENED-IN back porch, you'll find yourself enjoying views of the pond, SHADE from the trees and SOUNDS of nature signing from the treetops - it’s peaceful! Schedule your tour today as photos only tell half the story, the other half is how well this condo meets your desires. Schedule a showing, fall in love, bring us an offer – don’t delay.
| |||
| May 23, 2020 | No longer available | - | |
| No longer available | |||
| Mar 16, 2020 | Listed | $133,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/07/2024
|
2 Bed
|
2 Bath
|
-
|
$262,000
2 Bed
2 Bath
|
-
-
|
Daniel Ober
RE/MAX Southern Shores
| |
|
08/15/2023
|
2 Bed
|
2 Bath
|
-
|
$269,000
2 Bed
2 Bath
|
-
-
|
Daniel Ober
RE/MAX Southern Shores
| |
|
05/26/2022
|
1 Bed
|
2 Bath
|
-
|
$167,000
1 Bed
2 Bath
|
$161,000
-3.59%
10/04/2022
|
The Abe Safa Team
Century 21 The Harrelson Group
| |
|
10/13/2021
|
2 Bed
|
2 Bath
|
-
|
$195,000
2 Bed
2 Bath
|
-
-
|
Natalie LaBruce
RE/MAX Southern Shores
| |
|
09/21/2021
|
2 Bed
|
2 Bath
|
-
|
$195,000
2 Bed
2 Bath
|
-
-
|
Natalie LaBruce
RE/MAX Southern Shores
| |
|
08/06/2021
|
2 Bed
|
2 Bath
|
-
|
$169,000
2 Bed
2 Bath
|
-
-
|
Vine Group
Realty ONE Group Dockside
| |
|
10/01/2020
|
2 Bed
|
2 Bath
|
-
|
$159,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/16/2020
|
2 Bed
|
2 Bath
|
-
|
$133,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
12/17/2018
|
2 Bed
|
2 Bath
|
-
|
$109,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
11/08/2018
|
2 Bed
|
2 Bath
|
-
|
$134,900
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017