4839 Carnation Circle #203
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 30, 2024 | No longer available | - | |
| No longer available | |||
| Oct 21, 2023 | Listed | $199,900 | |
| Listed | |||
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Welcome to your dream vacation lifestyle! Presenting an impeccably maintained one-bedroom, 1.5-bath condo in the heart of Magnolia North, Myrtle Beach. Just three miles from the beach, this centrally located gem offers a wealth of nearby attractions and unbeatable community amenities. Dive into a world of four inviting community pools, round-the-clock security, and immediate access to the Myrtle Wood Golf Club. Inside this FULLY FURNISHED condo, discover a charming open floor plan that paints a beautiful scene from the balcony – with views of the golf course, a serene pond, and the community pool. The kitchen is a chef's delight, featuring white cabinets, top-tier Samsung stainless-steel appliances, granite countertops, a chic white subway tile backsplash, and durable ceramic tile floors. The condo also comes complete with a full-sized matching white Whirlpool washer and dryer to tackle even your largest loads of laundry. Enjoy low-maintenance wide plank luxury vinyl tile flooring in the bedroom and living area, ideal for coastal living. Cozy up by the electric fireplace, which offers customizable heat settings and over twelve flame color options to set the perfect mood. Whether you seek a primary residence, a second home, or an investment property, this versatile condo is an excellent choice. Short-term rentals are permitted, making it an ideal Airbnb opportunity. Act fast, as this unit won't be available for long. Call today to schedule a viewing!
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| Nov 5, 2022 | No longer available | - | |
| No longer available | |||
| Oct 14, 2022 | Price Increased |
$179,900
↑ $5K
(2.8%) | |
| Price Increased | |||
| Oct 6, 2022 | Listed | $175,000 | |
| Listed | |||
| | |||
|
A meticulously maintained 1-bedroom condominium located in Magnolia North, has just hit the Myrtle Beach market! Live like you are on vacation every day. Just three miles to the beach and the community’s amenities are spectacular. The complex offers four community pools, onsite security, and it is located adjacent to the Myrtle Wood Golf Club. If you are a golfer, just pack your clubs! The condominium offers a fantastic open floor plan with panoramic views from the balcony, of the golf course, pond, and community pool. The kitchen is equipped with beautiful white cabinets complete with Samsung stainless-steel appliances, granite countertops, white subway tile backsplash, and ceramic tile floors. The matching white Whirlpool washer and dryer are both full sized perfect for your larger loads. The bedroom and living area have wide plank luxury vinyl tile flooring which are durable and easy to clean in a coastal environment. There is an electric fireplace which creates heat on demand for the cooler nights. There are over twelve flame color options to create a cozy atmosphere. This is the perfect location for a primary residence, second home or investment property. Short term rentals are allowed in this development, so it is perfect for an Airbnb. This unit will not last long, so call today to schedule a time to see it!
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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 |
|---|---|---|---|---|---|---|---|
|
04/07/2024
|
2 Bed
|
2 Bath
|
-
|
$262,000
2 Bed
2 Bath
|
-
-
|
Jean Schmaus
Garden City Realty, Inc
| |
|
10/21/2023
|
1 Bed
|
1.5 Bath
|
-
|
$199,900
1 Bed
1.5 Bath
|
-
-
|
The Forturro Group
Keller Williams Innovate South
| |
|
09/08/2023
|
2 Bed
|
2 Bath
|
-
|
$264,900
2 Bed
2 Bath
|
-
-
|
Greg Harrelson Sales Team
Century 21 The Harrelson Group
| |
|
10/06/2022
|
1 Bed
|
2 Bath
|
-
|
$175,000
1 Bed
2 Bath
|
-
-
|
Sylvia Hickman
CENTURY 21 Broadhurst & Associ
| |
|
05/25/2022
|
2 Bed
|
2 Bath
|
-
|
$264,900
2 Bed
2 Bath
|
-
-
|
Cory Van Note
Coastal Sands Realty
| |
|
04/25/2022
|
1 Bed
|
2 Bath
|
-
|
$164,900
1 Bed
2 Bath
|
-
-
|
Mike Fiebernitz & Associates
RE/MAX Southern Shores
| |
|
03/16/2022
|
2 Bed
|
2 Bath
|
-
|
$244,900
2 Bed
2 Bath
|
-
-
|
Greg Harrelson Sales Team
Century 21 The Harrelson Group
| |
|
11/24/2021
|
Studio
|
-
|
-
|
$29,900
Studio
-
|
-
-
|
Elena Minervini
KingOne Properties
| |
|
11/09/2021
|
2 Bed
|
2 Bath
|
-
|
$219,000
2 Bed
2 Bath
|
-
-
|
Cheryl Dieppa
Welcome Home Realty - MB
| |
|
03/20/2021
|
2 Bed
|
2 Bath
|
-
|
$159,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
01/14/2021
|
2 Bed
|
2 Bath
|
-
|
$159,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
07/26/2020
|
2 Bed
|
2 Bath
|
-
|
$159,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
11/21/2019
|
1 Bed
|
2 Bath
|
-
|
$104,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
01/11/2019
|
2 Bed
|
2 Bath
|
-
|
$132,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
05/29/2018
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
|
07/29/2017
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017