4890 Luster Leaf Circle #301
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 |
|---|---|---|---|
| Jun 7, 2022 | No longer available | - | |
| No longer available | |||
| Apr 5, 2022 | Listed | $350,000 | |
| Listed | |||
| | |||
|
You're going to love this 3 bed 2 bath end unit condo located in Magnolia Pointe! The furnishings are up to date and the upgrades are sought after. This fantastic open floor plan features crown molding, chair railing, recessed lighting and ceiling fans throughout. The fully equipped kitchen has stainless steel appliances, solid surface counter tops, and a breakfast bar. This end unit has a dining area with a bay window which makes the unit have tons of natural light. The main bedroom features a walk-in closet, double vanity sinks, and a shower/bathtub combination with a glass sliding door. Bedrooms two and three share a nicely sized bathroom. A washer and dryer are located in the unit. Enjoy your view of the golf course and pool from the balcony. It's the perfect spot to start or end your day. And don't worry about carrying your bags up the stairs because this building has convenience of an elevator and stairs. The location and amenities of Magnolia Pointe make a perfect property for anyone looking for a primary home, beach or golf get-a-way, or investment property. It's located minutes to Broadway at the Beach, The Ripken Experience, The Myrtle Beach Sports Center, golf, dining, nightlife, entertainment, shopping and outlet malls. The airport and of course the beach are also just minutes away! **Ask your agent for HOA docs and details about this unit's rental income.
| |||
| Nov 10, 2020 | No longer available | - | |
| No longer available | |||
| Aug 15, 2020 | Price Decreased |
$193,500
↓ $1K
(0.5%) | |
| Price Decreased | |||
| Jul 25, 2020 | Price Decreased |
$194,500
↓ $1K
(0.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/24/2023
|
2 Bed
|
2 Bath
|
-
|
$304,900
2 Bed
2 Bath
|
-
-
|
Joellen Plyler
South Strand Realty
| |
|
01/17/2024
|
2 Bed
|
2 Bath
|
-
|
$259,900
2 Bed
2 Bath
|
-
-
|
The Brandi Minchillo Team
RE/MAX Southern Shores
| |
|
12/07/2023
|
3 Bed
|
2 Bath
|
-
|
$324,900
3 Bed
2 Bath
|
-
-
|
The Advantage Group
NorthGroup Real Estate Inc
| |
|
05/16/2023
|
3 Bed
|
2 Bath
|
-
|
$380,000
3 Bed
2 Bath
|
-
-
|
Kenneth "Rhett" Haselden
Fathom Realty SC LLC
| |
|
05/05/2022
|
2 Bed
|
2 Bath
|
-
|
$314,900
2 Bed
2 Bath
|
-
-
|
Brian Piercy
Real Estate Modo Inc
| |
|
04/05/2022
|
3 Bed
|
2 Bath
|
-
|
$350,000
3 Bed
2 Bath
|
-
-
|
Michelle Duncan
Duncan Group Properties
| |
|
03/20/2022
|
3 Bed
|
2 Bath
|
-
|
$319,900
3 Bed
2 Bath
|
-
-
|
The TJ O'Brien Team
RE/MAX Southern Shores
| |
|
03/01/2022
|
3 Bed
|
2 Bath
|
-
|
$309,900
3 Bed
2 Bath
|
-
-
|
The TJ O'Brien Team
RE/MAX Southern Shores
| |
|
11/30/2021
|
2 Bed
|
2 Bath
|
-
|
$205,000
2 Bed
2 Bath
|
-
-
|
Jodi Jordon
Exit Coastal Real Estate Pros
| |
|
08/23/2021
|
3 Bed
|
2 Bath
|
-
|
$209,900
3 Bed
2 Bath
|
$215,000
+2.43%
10/11/2021
|
Jeremy Blanton
RE/MAX Southern Shores
| |
|
06/29/2020
|
3 Bed
|
2 Bath
|
-
|
$189,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
06/01/2020
|
2 Bed
|
2 Bath
|
-
|
$168,800
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/19/2020
|
3 Bed
|
2 Bath
|
-
|
$195,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
01/13/2020
|
3 Bed
|
2 Bath
|
-
|
$199,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
10/22/2018
|
3 Bed
|
2 Bath
|
-
|
$183,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
05/29/2018
| |
3 Bed
|
2 Bath
|
-
|
-
3 Bed
2 Bath
|
-
-
|
-
|
|
07/29/2017
| |
3 Bed
|
2 Bath
|
-
|
-
3 Bed
2 Bath
|
-
-
|
-
|
|
07/11/2014
|
3 Bed
|
2 Bath
|
-
|
-
3 Bed
2 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017