4851 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%.
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 |
|---|---|---|---|
| Jun 14, 2024 | No longer available | - | |
| No longer available | |||
| May 31, 2024 | Price Decreased |
$299,900
↓ $10K
(3.2%) | |
| Price Decreased | |||
| May 4, 2024 | No longer available | - | |
| No longer available | |||
| May 3, 2024 | Listed | $309,900 | |
| Listed | |||
| | |||
|
**Magnificent 3-Bedroom, 2-Bathroom Condo in the Heart of Magnolia Pointe** Nestled in the sought-after community of Magnolia Pointe, this stunning 3-bedroom, 2-bathroom condo offers a perfect blend of elegance, functionality, and location. Upon entering, you're greeted by modern Luxury Vinyl Plank (LVP) flooring that seamlessly flows throughout the common areas, providing both durability and a touch of sophistication. The kitchen stands as a testament to luxury living, boasting sleek stainless steel appliances that complement the contemporary design. One of the standout features of this exquisite condo is the upgraded HVAC and water heater, ensuring comfort and efficiency year-round. The master bathroom is a retreat in itself, featuring a double sink vanity that adds a touch of opulence to your daily routine. Step out onto the balcony, which has been thoughtfully transformed into an EZ Breeze Sunroom. This versatile addition offers the flexibility to enjoy the space year-round, providing a cozy retreat that can be heated during the winter months and cooled in the summer—a true extension of your living space. Beyond the luxurious interiors, the condo boasts breathtaking views of the serene lake, creating a tranquil ambiance that enhances the overall living experience. Whether you're looking for a primary residence, a second home, or a lucrative short-term rental investment, this property caters to all. Situated in the heart of Myrtle Beach, Magnolia Pointe offers unparalleled convenience. With Highway 31 just a stone's throw away, navigating north or south is a breeze. Enjoy proximity to popular attractions such as Broadway at the Beach and Coastal Grand Mall, where a plethora of restaurants, entertainment options, and retail destinations await. Yet, despite its central location, the condo offers a serene oasis, allowing you to relish the tranquility while being just moments away from the vibrant heartbeat of Myrtle Beach. The allure of the nearby beach (1.5 miles away) , combined with the "homey" feel of this condo, creates a perfect balance that resonates with both residents and visitors alike. Don't miss the opportunity to experience luxury living in Magnolia Pointe. Schedule your private viewing today and embark on a journey to find your dream home!
| |||
| Apr 3, 2024 | Relisted | $317,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/01/2024
|
Loft
|
-
|
-
|
$45,000
Loft
-
|
-
-
|
Nick Paolozzi
RE/MAX Southern Shores
| |
|
06/01/2024
|
3 Bed
|
2 Bath
|
-
|
$345,000
3 Bed
2 Bath
|
-
-
|
Nick Paolozzi
RE/MAX Southern Shores
| |
|
01/03/2024
|
3 Bed
|
2 Bath
|
-
|
$329,900
3 Bed
2 Bath
|
-
-
|
Lawrence "Lance" Stopper
Century 21 Stopper &Associates
| |
|
08/20/2022
|
3 Bed
|
2 Bath
|
-
|
$339,900
3 Bed
2 Bath
|
-
-
|
Laura Harrison
Sue Ward Homes Inc
| |
|
06/24/2022
|
3 Bed
|
2 Bath
|
-
|
$299,900
3 Bed
2 Bath
|
-
-
|
The Collins Team
Realty ONE Group Dockside
| |
|
06/16/2022
|
3 Bed
|
2 Bath
|
-
|
$350,000
3 Bed
2 Bath
|
-
-
|
The Coastal Group
Grand Strand Coastal Realty
| |
|
03/03/2022
|
3 Bed
|
2 Bath
|
-
|
$309,900
3 Bed
2 Bath
|
-
-
|
Maureen Shaffer
Keller Williams MB S. Realty
| |
|
02/10/2022
|
3 Bed
|
2 Bath
|
-
|
$275,000
3 Bed
2 Bath
|
-
-
|
Maureen Shaffer
Keller Williams MB S. Realty
| |
|
02/26/2020
|
3 Bed
|
2 Bath
|
-
|
$188,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
09/02/2017
| |
3 Bed
|
2 Bath
|
-
|
-
3 Bed
2 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017