$278,709*
●
Condo -
Off Market
4891 Luster Leaf Circle #301
Myrtle Beach, SC 29577
3 Beds
2 Baths
$175,000 - $213,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
This BEAUTIFUL Lake View, Fully Furnished, with Fresh Paint and New
Flooring 3rd floor 3- bedroom, 2-bath corner villa features a split
floor plan with lots of natural light and is nestled in the most
unique and private location in Magnolia Pointe. The unit is in a
building with an elevator. Not only can you enjoy cooking in the
spacious kitchen, relax on the porch after a long day you can take
a quick dip in the pool. This unit is a MUST SEE! Centered in the
heart of all that Myrtle Beach has to offer, this unit is just a
mile drive from our gorgeous beaches, restaurants, shopping,
medical facilities and airport and Championship Golf. You can also
enjoy easy access to Myrtlewood, a 36-hole Golf Course and Driving
Range. Call your Agent and see this beauty for yourself!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
-
HOA Dues
$28
Year Built
2005
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Cap Rate Calculator
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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 |
|---|---|---|---|
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Jan 16, 2020 | Listed | $194,900 | |
| Listed | |||
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 |
|---|---|---|---|---|---|---|---|
|
06/07/2024
|
3 Bed
|
2 Bath
|
-
|
$344,900
3 Bed
2 Bath
|
-
-
|
Gene Carter Team
RE/MAX Southern Shores
| |
|
04/01/2024
|
3 Bed
|
2 Bath
|
-
|
$338,999
3 Bed
2 Bath
|
-
-
|
Christine Lordi
Realty ONE Group Dockside
| |
|
03/17/2024
|
2 Bed
|
2 Bath
|
-
|
$277,000
2 Bed
2 Bath
|
-
-
|
Christine Lordi
Realty ONE Group Dockside
| |
|
10/13/2023
|
3 Bed
|
2 Bath
|
-
|
$318,000
3 Bed
2 Bath
|
$305,000
-4.09%
01/10/2024
|
Ryan Korros Team
RE/MAX Southern Shores
| |
|
09/03/2021
|
3 Bed
|
2 Bath
|
-
|
$239,900
3 Bed
2 Bath
|
-
-
|
The TJ O'Brien Team
RE/MAX Southern Shores
| |
|
09/03/2021
|
2 Bed
|
2 Bath
|
-
|
$189,900
2 Bed
2 Bath
|
-
-
|
DAmbrah King
Century 21 Stopper &Associates
| |
|
04/23/2021
|
3 Bed
|
2 Bath
|
-
|
$199,900
3 Bed
2 Bath
|
$199,900
07/13/2021
|
Mary Pat Ibbetson
eXp Realty LLC
| |
|
01/20/2021
|
3 Bed
|
2 Bath
|
-
|
$209,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
08/25/2020
|
3 Bed
|
2 Bath
|
-
|
$214,500
3 Bed
2 Bath
|
$199,000
-7.23%
01/14/2021
|
Victor Duval
| |
|
08/17/2020
|
3 Bed
|
2 Bath
|
-
|
$189,999
3 Bed
2 Bath
|
-
-
|
-
| |
|
06/07/2020
|
3 Bed
|
2 Bath
|
-
|
$189,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
01/16/2020
|
3 Bed
|
2 Bath
|
-
|
$194,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
11/30/2019
|
3 Bed
|
2 Bath
|
-
|
$184,900
3 Bed
2 Bath
|
$180,000
-2.65%
01/31/2020
|
TJ O'Brien Jr
| |
|
05/16/2018
| |
3 Bed
|
2 Bath
|
-
|
-
3 Bed
2 Bath
|
-
-
|
-
|
|
07/29/2017
| |
3 Bed
|
2 Bath
|
-
|
$115,000
3 Bed
2 Bath
|
$125,000
+8.70%
06/04/2018
|
Lorrie O'Brien
|
Building Info
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