4805 Luster Lea Luster Leaf Circle #202
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%.
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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 |
|---|---|---|---|
| Jan 2, 2023 | No longer available | - | |
| No longer available | |||
| Apr 26, 2022 | Listed | $289,900 | |
| Listed | |||
| | |||
|
Enjoy a great view from this updated 2 bedroom in Magnolia Pointe. This condo has been meticulously maintained and is located in a building with an elevator. The kitchen offers plenty of cabinet space with updated appliances and the spacious dining room is perfect for family gatherings. Watch the golfers play and enjoy the view from almost anywhere in the condo. This is a perfect condo to enjoy as a primary residence or a beach/golf get away that you can rent out while not using. Myrtlewood golf course is a 36 hole Championship golf club. You are 5 minutes to everything Myrtle Beach has to offer—the beach, restaurants, Broadway at the Beach, and biking and hiking trails. Don't miss your chance to own a great property at the beach!
| |||
| Mar 2, 2021 | No longer available | - | |
| No longer available | |||
| Mar 1, 2021 | Sold | ||
| Sold | |||
| Jan 4, 2021 | Listed | $163,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/18/2024
|
2 Bed
|
2 Bath
|
-
|
$279,000
2 Bed
2 Bath
|
-
-
|
Meredith Kennedy
CENTURY 21 Boling & Associates
| |
|
09/16/2023
|
3 Bed
|
2 Bath
|
-
|
$349,900
3 Bed
2 Bath
|
$310,000
-11.40%
11/09/2023
|
Jane Daniel
Sea Oats Real Estate
| |
|
05/30/2023
|
2 Bed
|
2 Bath
|
-
|
$299,900
2 Bed
2 Bath
|
-
-
|
Grand Strand Team
BRG Real Estate
| |
|
05/22/2023
|
3 Bed
|
2 Bath
|
-
|
$309,900
3 Bed
2 Bath
|
$300,000
-3.19%
09/08/2023
|
Angie Cadier
Realty ONE Group Dockside
| |
|
04/10/2023
|
2 Bed
|
2 Bath
|
-
|
$299,900
2 Bed
2 Bath
|
-
-
|
The Advantage Group
NorthGroup Real Estate Inc
| |
|
03/30/2022
|
3 Bed
|
2 Bath
|
-
|
$375,000
3 Bed
2 Bath
|
-
-
|
Greg Harrelson Sales Team
Century 21 The Harrelson Group
| |
|
07/29/2022
|
2 Bed
|
2 Bath
|
-
|
$309,900
2 Bed
2 Bath
|
-
-
|
The Advantage Group
NorthGroup Real Estate Inc
| |
|
04/26/2022
|
2 Bed
|
2 Bath
|
-
|
$289,900
2 Bed
2 Bath
|
-
-
|
The Advantage Group
NorthGroup Real Estate Inc
| |
|
05/03/2021
|
2 Bed
|
2 Bath
|
-
|
$189,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
01/04/2021
|
2 Bed
|
2 Bath
|
-
|
$163,000
2 Bed
2 Bath
|
$160,000
-1.84%
03/01/2021
|
Kathi Feinberg
| |
|
10/07/2020
|
3 Bed
|
2 Bath
|
-
|
$229,900
3 Bed
2 Bath
|
$225,000
-2.13%
12/09/2020
|
Hunter Baiden
| |
|
09/17/2020
|
2 Bed
|
2 Bath
|
-
|
$157,500
2 Bed
2 Bath
|
-
-
|
-
| |
|
08/19/2020
|
2 Bed
|
2 Bath
|
-
|
$155,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
06/28/2020
|
2 Bed
|
2 Bath
|
-
|
$169,999
2 Bed
2 Bath
|
-
-
|
-
| |
|
05/14/2020
|
2 Bed
|
2 Bath
|
-
|
$195,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
12/30/2019
|
Studio
|
-
|
-
|
$37,000
Studio
-
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017