$95,739*
●
Condo -
Off Market
950 Forestbrook Rd. #E3
Myrtle Beach, SC 29579
2 Beds
1 Bath
$60,000 - $70,000
Reference Base Price*
51.97%
Since Feb 1, 2019
National-US
Primary Model
About This Property
Located in the popular Bahama Bay Villas community in Forestbrook,
this 2 bedroom 1 bath condo is the perfect vacation getaway or
great investment opportunity! This unit features a nice sized
dining area adjacent to the spacious living room which has direct
access thru sliding glass doors to the private fenced patio and
courtyard - the ideal spot for relaxing and entertaining. The
galley kitchen boasts abundant cabinet and counter space, was
recently updated with a new refrigerator and sink in 2016, and is
convenient to the separate laundry room with new washer and dryer
installed in 2017. The master bedroom includes one walk in closet
and an additional smaller closet. Both bedrooms have ceiling fans.
The shared full bath has a tub/shower, vanity with a mirrored
medicine cabinet, and linen closet. Bahama Bay Villas amenities
include a community basketball court plus a rustic deck area in the
quiet central wooded expanse to enjoy nature on lazy afternoons.
Wonderful central location -minutes from shopping, restaurants, the
airport and best of all, the beach and everything the Grand Strand
has to offer! This is a must see! Don't miss it!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
-
HOA Dues
$17
Year Built
1981
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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 |
|---|---|---|---|
| Feb 22, 2023 | No longer available | - | |
| No longer available | |||
| Feb 8, 2023 | Sold | ||
| Sold | |||
| Jan 3, 2023 | Price Decreased |
$137,000
↓ $3K
(2.1%) | |
| Price Decreased | |||
| Dec 7, 2022 | Listed | $140,000 | |
| Listed | |||
| | |||
|
Opportunity awaits at this turn-key, well maintained, two bedroom first floor unit in Bahama Bay Villa. Freshly painted and waiting for its new owners. The unit has beautiful LVP flooring throughout the main living areas. The kitchen and bathroom have been recently remodeled, and all major appliances are included with the sale; including the new washer, dryer and dishwasher. This would be a great investment property or primary residence. This unit is conveniently located off of Forestbrook Road in between Highways 501 and 544 offering quick and easy access to dining, shopping, area attractions and the sandy shores of the Grand Strand. Schedule your showing today- this unit will not last long on the market.
| |||
| Aug 6, 2022 | No longer available | - | |
| No longer available | |||
Show More
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 |
|---|---|---|---|---|---|---|---|
|
05/13/2024
|
2 Bed
|
1 Bath
|
-
|
$139,900
2 Bed
1 Bath
|
-
-
|
Joseph Levy
Beach & Forest Realty
| |
|
05/11/2024
|
2 Bed
|
1 Bath
|
-
|
$129,990
2 Bed
1 Bath
|
-
-
|
Walter Matias Hipolito De Oliveira
BRG Real Estate
| |
|
03/04/2024
|
2 Bed
|
1 Bath
|
-
|
$125,000
2 Bed
1 Bath
|
-
-
|
Ford Duncan
Duncan Group Properties
| |
|
11/02/2023
|
2 Bed
|
1 Bath
|
-
|
$129,990
2 Bed
1 Bath
|
-
-
|
Walter Matias Hipolito De Oliveira
BRG Real Estate
| |
|
10/05/2023
|
2 Bed
|
1 Bath
|
-
|
$129,990
2 Bed
1 Bath
|
-
-
|
Walter Matias Hipolito De Oliveira
BRG Real Estate
| |
|
09/07/2023
|
2 Bed
|
1 Bath
|
-
|
$135,000
2 Bed
1 Bath
|
-
-
|
Angela E. Manos
Century 21 Adams Real Estate
| |
|
06/19/2023
|
2 Bed
|
1 Bath
|
-
|
$129,900
2 Bed
1 Bath
|
-
-
|
Todd Cartner
Exit Coastal Real Estate Pros
| |
|
07/15/2022
|
2 Bed
|
1 Bath
|
-
|
$144,900
2 Bed
1 Bath
|
$124,000
-14.42%
02/08/2023
|
The Brandi Minchillo Team
RE/MAX Southern Shores
| |
|
06/11/2022
|
2 Bed
|
1 Bath
|
-
|
$105,000
2 Bed
1 Bath
|
-
-
|
Jason Killam
Beach and Mountain Properties
| |
|
05/06/2022
|
2 Bed
|
1 Bath
|
-
|
$170,000
2 Bed
1 Bath
|
-
-
|
Chris Koppel Team
BRG Real Estate
| |
|
05/06/2022
|
2 Bed
|
1 Bath
|
-
|
$160,000
2 Bed
1 Bath
|
-
-
|
Chris Koppel Team
BRG Real Estate
| |
|
05/06/2022
|
2 Bed
|
1 Bath
|
-
|
$170,000
2 Bed
1 Bath
|
-
-
|
Chris Koppel Team
BRG Real Estate
| |
|
05/06/2022
|
2 Bed
|
1 Bath
|
-
|
$170,000
2 Bed
1 Bath
|
-
-
|
Chris Koppel Team
BRG Real Estate
| |
|
03/07/2022
| |
Studio
|
-
|
-
|
$485,000
Studio
-
|
-
-
|
Ester Esti Simantov
Own Myrtle Real Estate
|
|
01/14/2022
|
2 Bed
|
1 Bath
|
-
|
$95,000
2 Bed
1 Bath
|
-
-
|
Joanny Jo Moran-Rivera
eXp Realty LLC
| |
|
11/18/2021
|
2 Bed
|
1 Bath
|
-
|
$85,900
2 Bed
1 Bath
|
-
-
|
Jason Killam
Beach and Mountain Properties
| |
|
10/14/2021
|
2 Bed
|
1 Bath
|
-
|
$83,000
2 Bed
1 Bath
|
-
-
|
Todd Cartner
Exit Coastal Real Estate Pros
| |
|
01/26/2021
|
2 Bed
|
1 Bath
|
-
|
$70,000
2 Bed
1 Bath
|
$63,000
-10.00%
03/17/2021
|
Taylor Spangler
| |
|
03/03/2020
|
2 Bed
|
1 Bath
|
-
|
$85,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
08/01/2019
|
2 Bed
|
1 Bath
|
-
|
$67,500
2 Bed
1 Bath
|
-
-
|
-
| |
|
06/07/2019
|
2 Bed
|
1 Bath
|
-
|
$64,000
2 Bed
1 Bath
|
$57,500
-10.16%
09/13/2019
|
Denise Farley
| |
|
05/23/2019
|
2 Bed
|
1 Bath
|
-
|
$65,500
2 Bed
1 Bath
|
-
-
|
-
| |
|
04/15/2019
|
2 Bed
|
1 Bath
|
-
|
$59,900
2 Bed
1 Bath
|
-
-
|
-
| |
|
04/12/2019
|
2 Bed
|
1 Bath
|
-
|
$64,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
03/15/2019
|
2 Bed
|
1 Bath
|
-
|
$70,000
2 Bed
1 Bath
|
$60,000
-14.29%
02/07/2020
|
Nathan Cook
| |
|
01/21/2019
|
2 Bed
|
1 Bath
|
-
|
$70,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
07/06/2018
|
2 Bed
|
1 Bath
|
-
|
$69,999
2 Bed
1 Bath
|
-
-
|
-
| |
|
05/29/2018
| |
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
-
-
|
-
|
|
05/16/2018
|
2 Bed
|
1 Bath
|
-
|
$65,000
2 Bed
1 Bath
|
$57,000
-12.31%
08/24/2018
|
Brittany Foy & Associates
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017