4821 Luster Leaf Circle #201
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 |
|---|---|---|---|
| Oct 6, 2022 | No longer available | - | |
| No longer available | |||
| Aug 4, 2022 | Price Decreased |
$309,900
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Jun 25, 2022 | Price Decreased |
$319,900
↓ $30K
(8.6%) | |
| Price Decreased | |||
| Jun 11, 2022 | Listed | $349,900 | |
| Listed | |||
| | |||
|
Peaceful three bed, two bath condo in the popular golf course community of Magnolia Pointe! This rare end unit offers plenty of privacy making it a great primary residence, second home, or rental. Inside you'll find vinyl plank flooring thought out the common areas and carpet in the bedrooms. This condo comes fully furnished and recently had the living room furniture upgraded! The back patio offers a beautiful pool/lake view making it a perfect place for taking it easy and is steps from a sidewalk to take a stroll. Magnolia Pointe is less than 1 mile to the beach and offers seven swimming pools and two clubhouses. Magnolia Pointe offers a perfect location being centrally located in Myrtle Beach with easy access north or south by use of Highway 31, just blocks away from Broadway at the beach and the Coastal Grand Mall, with plenty of restaurants and entertainment in between. The convenience of the beach being right down the street with just enough distance to enjoy the "home" feel of this condo is something everyone is longing for. Make an appointment for your private viewing today!
| |||
| Sep 2, 2020 | 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 |
|---|---|---|---|---|---|---|---|
|
05/09/2024
|
2 Bed
|
2 Bath
|
-
|
$286,000
2 Bed
2 Bath
|
-
-
|
Daniel Ober
RE/MAX Southern Shores
| |
|
09/07/2022
|
3 Bed
|
2 Bath
|
-
|
$318,900
3 Bed
2 Bath
|
-
-
|
Greg Harrelson Sales Team
Century 21 The Harrelson Group
| |
|
08/31/2022
|
2 Bed
|
2 Bath
|
-
|
$249,900
2 Bed
2 Bath
|
-
-
|
Lee Sluder
Diamond Property Services
| |
|
07/19/2022
|
3 Bed
|
2 Bath
|
-
|
$319,000
3 Bed
2 Bath
|
-
-
|
Ashley DeLong
RE/MAX Southern Shores
| |
|
06/11/2022
|
3 Bed
|
2 Bath
|
-
|
$349,900
3 Bed
2 Bath
|
-
-
|
Lawrence "Lance" Stopper
Century 21 Stopper &Associates
| |
|
12/16/2021
|
2 Bed
|
2 Bath
|
-
|
$204,900
2 Bed
2 Bath
|
-
-
|
The Schreiber Advantage Group
CB Sea Coast Advantage MI
| |
|
08/11/2021
|
2 Bed
|
2 Bath
|
-
|
$187,000
2 Bed
2 Bath
|
-
-
|
Dan Brown
Fathom Realty Coastal
| |
|
06/13/2021
|
2 Bed
|
2 Bath
|
-
|
$169,900
2 Bed
2 Bath
|
-
-
|
The TJ O'Brien Team
RE/MAX Southern Shores
| |
|
03/20/2020
|
3 Bed
|
2 Bath
|
-
|
$194,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
05/24/2019
|
3 Bed
|
2 Bath
|
-
|
$179,000
3 Bed
2 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017