$373,471*
●
Condo -
Off Market
4895 Luster Leaf Circle #101
Myrtle Beach, SC 29577
3 Beds
2 Baths
$318,000 - $388,000
Reference Base Price*
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Beautifully upgraded first floor end unit condo with screened porch
and pond view! The sellers spared no expense customizing this
gorgeous 3 bedroom 2 bath home: rustic white oak engineered wood
flooring and crown molding throughout the main living area;
refinished kitchen cabinets with a set of seeded glass kitchen
cabinet fronts; leather finish granite in kitchen; breakfast bar
lowered to counter height and finished with custom wainscoting;
designer light fixtures; and full view screened porch with tiled
floor. Stainless appliances plus washer/dryer are included.
Magnolia Pointe provides a wonderful lifestyle with 7 pools, 2
clubhouses, a walking trail around the pond, close vicinity to
Myrtlewood Golf Course, and is only a golf cart ride to the beach!
Enjoy as a primary home, vacation home, or investment. Short
term and long term rentals are allowed. Golf carts are allowed.
Partially furnished with 2 bedroom sets, dining set, 2 televisions
and more! Furnishings are itemized in Conveyance List. **
Garage is available for purchase separately.** Measurements
and square footage are approximate. The buyer/buyer's agent is
responsible for verifying ALL information in the MLS including lot
size, HOA Information, square footage, etc.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
-
HOA Dues
$440
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 |
|---|---|---|---|
| May 2, 2023 | Sold | ||
| Sold | |||
| Nov 17, 2022 | No longer available | - | |
| No longer available | |||
| Oct 12, 2022 | Price Decreased |
$353,900
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Sep 21, 2022 | Price Decreased |
$355,000
↓ $34K
(8.7%) | |
| Price Decreased | |||
| Sep 8, 2022 | Price Decreased |
$389,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
Show More
Property Highlights
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 |
|---|---|---|---|---|---|---|---|
|
10/11/2023
|
2 Bed
|
2 Bath
|
-
|
$284,900
2 Bed
2 Bath
|
-
-
|
Brendon Payne Expert Advisors
Century 21 The Harrelson Group
| |
|
06/04/2023
|
3 Bed
|
2 Bath
|
-
|
$319,000
3 Bed
2 Bath
|
-
-
|
Randi Dougherty
Weichert Realtors SB
| |
|
09/02/2022
|
3 Bed
|
2 Bath
|
-
|
$399,000
3 Bed
2 Bath
|
$325,000
-18.55%
05/02/2023
|
Crescent Coast RE Experts
Realty ONE Group Dockside
| |
|
06/14/2022
|
3 Bed
|
2 Bath
|
-
|
$319,900
3 Bed
2 Bath
|
-
-
|
Loretta Smith
Ace Realty, LLC
| |
|
04/28/2022
|
2 Bed
|
2 Bath
|
-
|
$299,900
2 Bed
2 Bath
|
-
-
|
Lawrence "Lance" Stopper
Century 21 Stopper &Associates
| |
|
12/08/2021
|
3 Bed
|
2 Bath
|
-
|
$269,900
3 Bed
2 Bath
|
-
-
|
Courtney Bergman
RE/MAX Ocean Forest
| |
|
04/13/2021
|
2 Bed
|
2 Bath
|
-
|
$167,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
07/28/2020
|
2 Bed
|
2 Bath
|
-
|
$159,900
2 Bed
2 Bath
|
$153,500
-4.00%
10/16/2020
|
Tracy Turner
| |
|
11/28/2018
|
3 Bed
|
2 Bath
|
-
|
$173,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
06/18/2018
|
3 Bed
|
2 Bath
|
-
|
$195,000
3 Bed
2 Bath
|
$182,000
-6.67%
02/15/2019
|
Lance Stopper
| |
|
05/16/2018
| |
3 Bed
|
2 Bath
|
-
|
-
3 Bed
2 Bath
|
-
-
|
-
|
Building Info
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