$245,592*
●
Condo -
Off Market
4891 Luster Leaf Circle #404
Myrtle Beach, SC 29577
3 Beds
2 Baths
$189,000 - $229,000
Reference Base Price*
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Welcome home to this magnificent 3 bed/2 bath 4th Floor condo!
Located in Magnolia Point, you will have everything you need and
more. When it comes to multiple uses at the beach this is what you
dream for. Wether this is a primary home, investment, or half and
half, you have every possibility with this one. As you enter you
will immediately notice a unit with the condition that is offered
is a rare find in the community. You have the utmost privacy right
on Lusterleaf Circle. Magnolia Point offers plenty of amenities,
pools, security, on-call maintenance and much, much more! Ten
minutes from the beach, restaurants and all the entertainment that
Myrtle Beach has to offer. Schedule your showing today, you don't
want to miss out on this one!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
-
HOA Dues
$382
Year Built
2005
Payment Calculator
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Principal + Interest:
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
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Operating Profit Per Year
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 |
|---|---|---|---|
| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
| Jan 20, 2021 | Listed | $209,900 | |
| 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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