4887 Luster Leaf Circle #204
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 |
|---|---|---|---|
| Sep 2, 2022 | No longer available | - | |
| No longer available | |||
| Jul 7, 2022 | Price Decreased |
$249,000
↓ $9K
(3.5%) | |
| Price Decreased | |||
| May 12, 2022 | Listed | $258,000 | |
| Listed | |||
| | |||
|
Welcome to Magnolia Pointe, one of the most sought-after communities in the Myrtle Beach area due to its central location, only a mile to the beautiful beaches and all the most popular destinations, entertainment and restaurants in all of Myrtle Beach! Building 4887 is equipped with an elevator for your convenience. This gorgeous second floor unit overlooks one of the larger lakes in Magnolia Pointe, which you can enjoy from the large balcony, complete with EZ Breeze windows, making it an all-season room to enjoy 365 days a year! This unit offers a large kitchen with ample cabinet and counter space, a large breakfast bar, all stainless steel appliances and full size washer/dryer. You will love the open concept with a very spacious dining room, living room area. The master suite offers a walk-in closet, double sinks in the bathroom and bay window to overlook the beautiful views of the lake. You’ll appreciate the newer Rheem water heater, installed in 2019, updated HVAC system and also a Nest system to convey with the sale! This is a great unit for primary residence or investment. Call your Realtor or the listing agent TODAY for a personal tour. This unit is priced very well and will be gone soon!
| |||
| Jun 28, 2019 | No longer available | - | |
| No longer available | |||
| May 1, 2019 | Listed | $145,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/27/2022
|
2 Bed
|
2 Bath
|
-
|
$264,900
2 Bed
2 Bath
|
-
-
|
The Abe Safa Team
Century 21 The Harrelson Group
| |
|
05/12/2022
|
2 Bed
|
2 Bath
|
-
|
$258,000
2 Bed
2 Bath
|
-
-
|
Staci Broadhurst
CENTURY 21 Broadhurst & Associ
| |
|
01/28/2022
|
3 Bed
|
2 Bath
|
-
|
$280,000
3 Bed
2 Bath
|
-
-
|
Greg Harrelson Sales Team
Century 21 The Harrelson Group
| |
|
07/12/2021
|
3 Bed
|
2 Bath
|
-
|
$244,900
3 Bed
2 Bath
|
-
-
|
Greg Harrelson Sales Team
Century 21 The Harrelson Group
| |
|
10/15/2020
|
2 Bed
|
2 Bath
|
-
|
$168,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
05/08/2020
|
2 Bed
|
2 Bath
|
-
|
$159,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/20/2020
|
3 Bed
|
2 Bath
|
-
|
$194,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
01/17/2020
|
2 Bed
|
2 Bath
|
-
|
$149,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
10/01/2019
|
2 Bed
|
2 Bath
|
-
|
$149,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
05/01/2019
|
2 Bed
|
2 Bath
|
-
|
$145,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/15/2019
|
3 Bed
|
2 Bath
|
-
|
$169,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
11/09/2018
|
2 Bed
|
2 Bath
|
-
|
$134,900
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