1065 Pinwheel Loop 1065, Myrtle Beach, SC 29577
Two-bedroom home in gated community, near the beach.
- Added:
- Jul 9, 2024
- Days on Market:
- 707
- Last Refresh:
- May 19 at 10:59 pm
Property Features for 1065 Pinwheel Loop 1065
General Information
- Standard status
- Active
- Size
- 1,100 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2005
Listing agent Jake Lee License #59913 (843) 240-0431
Listing office Keller Williams Innovate South (843) 240-0431
Listing date Jul 9, 2024
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Innovate South
HighLights
- Located in a highly sought‑after gated community in Myrtle Beach.
- Only one mile from the beach.
- Two spacious bedrooms, each with its own full bathroom.
- Serene water views from the screened porch.
- Community access to a stunning pool.
- Laminate floors throughout the home.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.3k | $17.52 |
| − Vacancy | −$809 | −$0.74 |
| EGI | $18.5k | $16.78 |
| − OpEx | −$8.3k | −$7.55 |
| NOI | $10.2k | $9.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Myrtle Beach
- County
- Horry
- State
- South Carolina
- Longitude
- -78.910255
- Latitude
- 33.686836
