4715 Cobblestone Dr. #A6
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 20, 2024 | No longer available | - | |
| No longer available | |||
| Jan 29, 2024 | Listed | $158,000 | |
| Listed | |||
| Jun 10, 2023 | No longer available | - | |
| No longer available | |||
| Apr 5, 2023 | Price Decreased |
$155,000
↓ $4K
(2.5%) | |
| Price Decreased | |||
| Dec 21, 2022 | Listed | $159,000 | |
| Listed | |||
| | |||
|
One bedroom unit in popular Cobblestone Condos. Short distance to beach and the heart of Myrtle Beach. This unit is exceptionally clean and ready to move in. Wide plank luxury vinyl floors, plantation shutters, stainless appliances, ceiling fans - even new ductwork for hvac and dryer! Cobblestone is well maintained and is a wonderful place to live year round or have your second home at the beach.
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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 |
|---|---|---|---|---|---|---|---|
|
01/29/2024
|
1 Bed
|
1 Bath
|
-
|
$158,000
1 Bed
1 Bath
|
-
-
|
Diane Cline
Palmetto Properties of M B
| |
|
08/04/2023
|
1 Bed
|
1 Bath
|
-
|
$159,900
1 Bed
1 Bath
|
-
-
|
Joseph Levy
Beach & Forest Realty
| |
|
12/21/2022
|
1 Bed
|
1 Bath
|
-
|
$159,000
1 Bed
1 Bath
|
-
-
|
Diane Cline
Palmetto Properties of M B
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017