4895 Luster Leaf Circle #201
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 |
|---|---|---|---|
| Dec 2, 2023 | No longer available | - | |
| No longer available | |||
| Jun 4, 2023 | Listed | $319,000 | |
| Listed | |||
| | |||
|
Perfect opportunity to own a fully furnished 3 bedroom/2 bath condo in the sought after lifestyle of Magnolia Pointe. Adjacent to the Myrtlewood Golf Course and only 3 miles to the famous Broadway at the Beach, restaurants, shopping and of course the breathtaking coast of Myrtle Beach. This building offers an elevator to your second floor end unit that illuminates natural light. Step in to the spacious floor plan equipped with all the convenience of home. Relax on your screened in porch with EZE Breeze windows overlooking the alluring lake and the enticing outdoor swimming pool. Enjoy the same view from your master bedroom. Enjoy this as either your primary, vacation or investment home! Schedule your showing today!
| |||
| Aug 13, 2022 | No longer available | - | |
| No longer available | |||
| Jun 29, 2022 | Price Decreased |
$309,000
↓ $11K
(3.4%) | |
| Price Decreased | |||
| Jun 14, 2022 | Listed | $319,900 | |
| Listed | |||
| | |||
|
This is a end unit in a elevator building at fabulous Magnolia Pointe. This corner unit is a spacious open floor plan, lots of windows, Crown molding, views and comes completely furnished. The kitchen has lots of counter space, bar space for additional seating and a adjoining dining with a bay window. Master bedroom with private bath and walk in closet with additional 2nd closet, ceiling fans and recessed lighting through out this home. Recent upgrades include HVAC, Hot water heater, installation of ez breeze windows on balcony. This is the perfect community for beach lovers located just off Hwy 17 and mins from Broadway at the beach, golfing, ocean and beach access and all the dining and entertainment. Perfect location for a second or full time home or potential rental income. This building has great views over the pond and close to the pool area Enjoy entertaining on your EZ breeze screened window system equipped balcony for multi seasonal enjoyment or as a relaxing way to start and end your day.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017