4891 Luster Leaf Circle #304
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 12, 2024 | No longer available | - | |
| No longer available | |||
| Jan 10, 2024 | Sold | ||
| Sold | |||
| Oct 13, 2023 | Listed | $318,000 | |
| Listed | |||
| | |||
|
Enjoy the relaxing views of the lake and water fountains in this 3 bedroom 2 bath predominantly furnished unit, conveniently located in an elevator building at Magnolia Pointe! Many, many upgrades in recent years, including all the big ticket items - new HVAC, new water heater, ALL new appliances (including full size washer and dryer) and new screened-in balcony. The light and neutral color scheme makes it easy to make this home your own. Excellent amenities as well as golf carts and short & long term rentals allowed. Too many upgrades to list! Ask your Agent for the full list and to schedule your showing today! Magnolia Pointe offers several community pools, walking & bike rails, outdoor BBQ, 2 golf courses and a driving range. Just minutes to the beach, less than a mile. Close to a variety of restaurants, plenty of shopping, Myrtle Beach Airport and Broadway at the Beach.
| |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Jan 31, 2020 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017