$257,293*
●
Condo -
Off Market
4833 Luster Leaf Circle #305
Myrtle Beach, SC 29577
3 Beds
2 Baths
$198,000 - $240,000
Reference Base Price*
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
GREAT OPPORTUNITY TO OWN A SPACIOUS 3 BEDROOM 2 BATH CONDO LOCATED
IN THE MUCH DESIRED MAGNOLIA POINTE SUBDIVISION AND MYRTLEWOOD GOLF
COMMUNITY. RELAX ON YOUR PRIVATE BALCONY AND ENJOY THE LAKE
VIEWS. EASY ACCESS BY ELEVATOR TO THE 3RD FLOOR END UNIT WITH LOTS
OF LIGHT FROM THE KITCHEN WINDOW AND DINING AREA BAY WINDOWS.
MAGNOLIA POINTE IS LOCATED CLOSE TO EVERYTHING MYRTLE BEACH HAS TO
OFFER AND MINUTES FROM THE BEAUTIFUL ATLANTIC OCEAN! FULL SIZE
KITCHEN & WASHER/DRYER IN THE UNIT FOR YOUR COMFORT. NEW WATER
HEATER WITH 6 YEAR WARRANTY BEING INSTALED WEEK OF 3/22/2021. THIS
UNIT COMES COMPLETELY FURNISHED WITH UPGRADED FLOORING. IF YOU ARE
LOOKING FOR A FULL TIME RESIDENCE, SECOND HOME OR INVESTMENT
OPPORTUNITY, THIS IS A MUST SEE.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
-
HOA Dues
$382
Year Built
-
Payment Calculator
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%
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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 |
|---|---|---|---|
| Jul 9, 2022 | No longer available | - | |
| No longer available | |||
| May 17, 2022 | Listed | $319,900 | |
| Listed | |||
| | |||
|
GREAT OPPORTUNITY TO OWN A SPACIOUS 3 BEDROOM 2 BATH CONDO LOCATED IN THE MUCH DESIRED MAGNOLIA POINTE SUBDIVISION AND MYRTLEWOOD GOLF COMMUNITY. RELAX ON YOUR PRIVATE BALCONY AND ENJOY THE LAKEVIEWS. EASY ACCESS BY ELEVATOR TO THE 3RD FLOOR END UNIT WITH LOTS OF LIGHT FROM THE KITCHEN WINDOW AND DINING AREA BAY WINDOWS. MAGNOLIA POINTE IS LOCATED CLOSE TO EVERYTHING MYRTLE BEACH HAS TO OFFERAND MINUTES FROM THE BEAUTIFUL ATLANTIC OCEAN! FULL SIZE KITCHEN & WASHER/DRYER IN THE UNIT FOR YOUR COMFORT.THIS WILL NOT LAST LONG SO BOOK YOUR SHOWING TODAY!
| |||
| Jun 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 22, 2021 | Price Increased |
$219,900
↑ $5K
(2.3%) | |
| Price Increased | |||
| Mar 31, 2021 | Price Increased |
$215,000
↑ $5K
(2.4%) | |
| Price Increased | |||
Show More
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/14/2024
|
2 Bed
|
2 Bath
|
-
|
$299,900
2 Bed
2 Bath
|
-
-
|
Stephanie Riffle
Garden City Realty, Inc
| |
|
02/16/2024
|
2 Bed
|
2 Bath
|
-
|
$225,000
2 Bed
2 Bath
|
-
-
|
The Mills Group
Century 21 Barefoot Realty
| |
|
06/09/2023
|
3 Bed
|
2 Bath
|
-
|
$329,900
3 Bed
2 Bath
|
-
-
|
The Jill Powell Team
Century 21 The Harrelson Group
| |
|
05/19/2022
|
2 Bed
|
2 Bath
|
-
|
$270,000
2 Bed
2 Bath
|
-
-
|
Michael Rudden
Beach One Realty LLC
| |
|
05/17/2022
|
3 Bed
|
2 Bath
|
-
|
$319,900
3 Bed
2 Bath
|
-
-
|
Austin Newkirk
Sloan Realty Group
| |
|
05/11/2022
|
2 Bed
|
2 Bath
|
-
|
$315,000
2 Bed
2 Bath
|
-
-
|
Mo Paul's Team
Salt Realty
| |
|
02/04/2022
|
3 Bed
|
2 Bath
|
-
|
$279,900
3 Bed
2 Bath
|
-
-
|
Clay Adams
Dreamlife Realty
| |
|
01/16/2022
|
Studio
|
-
|
-
|
$36,500
Studio
-
|
-
-
|
The TJ O'Brien Team
RE/MAX Southern Shores
| |
|
08/26/2021
|
2 Bed
|
2 Bath
|
-
|
$189,900
2 Bed
2 Bath
|
-
-
|
Kevin Mills
Century 21 Barefoot Realty
| |
|
05/17/2021
|
2 Bed
|
2 Bath
|
-
|
$174,900
2 Bed
2 Bath
|
-
-
|
Ashley DeLong
RE/MAX Southern Shores
| |
|
03/01/2021
|
3 Bed
|
2 Bath
|
-
|
$210,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
09/10/2020
|
3 Bed
|
2 Bath
|
-
|
$189,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
05/22/2020
|
2 Bed
|
2 Bath
|
-
|
$161,903
2 Bed
2 Bath
|
-
-
|
-
| |
|
10/29/2019
|
3 Bed
|
2 Bath
|
-
|
$192,900
3 Bed
2 Bath
|
$179,000
-7.21%
04/22/2020
|
McNeill Team
| |
|
06/24/2019
|
2 Bed
|
2 Bath
|
-
|
$154,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
01/23/2019
|
3 Bed
|
2 Bath
|
-
|
$168,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
12/11/2018
|
2 Bed
|
2 Bath
|
-
|
$152,000
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
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