16607 Honeybee Drive
About This Property
Other features include the oversize gourmet chefs kitchen with granite counter tops and a large island adjacent to great room for entertaining. The master bedroom has a private en-suite and walk-in closet with custom door leading into backyard. Perfect for morning coffee by the tranquil fountain. Upstairs you will find two addition bedrooms with a jack and jill bathroom. A large bonus room with built ins, crown molding, tray ceiling, an atrium plus distressed hardwood floors throughout, and custom drapery, high ceilings, and built in appliances.
Easy access to John Wayne Airport, most major freeways, and entertainment centers such as the Tustin Marketplace, Irvine Spectrum, and South Coast Plaza.
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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%.
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 |
|---|---|---|---|
| Nov 5, 2020 | Sold | ||
| Sold | |||
| May 22, 2020 | Listed by Berkshire Hathaway HomeService | $1,579,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Popular Columbus Grove Ciara Home with 5 bedrooms, 4.5 baths, 3 car garage, 4,326 sq.ft. living space and huge 7,710 sq.ft. lot. Large functional floor plan featuring a main floor Master Suite with large walk-in closet, two other bedrooms downstairs with full baths and a private office. Upstairs boasts another two bedrooms, Full bathroom and a huge bonus room for a more private section of the home ideal for more flexible use of living space. Formal sitting room with fireplace as a separate living or music room. Features include oversize Gourmet Chefs kitchen with Granite counters, Stainless steel Jenn Air appliances, Built-in refrigerator, dual dishwashers, and large island next to a great room for entertaining. An Atrium with easy access from the great room provides another outdoor feature with lots of light, fresh air and privacy. Premium Distressed wood flooring all throughout, custom high end plantation shutters on every window, crown moldings and high ceilings. Entertainers backyard with covered patio, with excellent curb appeal in a cul de sac location. The Beautiful community of Columbus Grove offers Pools, Spas, Parks, and a Club House that are a few paces away from this property itself. The Irvine Unified District is currently the zoning of this home, very close to The District and Marketplace and easy access to both I-405 & I-5 Freeways. Must see.
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| Jul 31, 2018 | Sold | ||
| Sold | |||
| Apr 30, 2018 | Listed by North Hills Realty | $1,499,900 | |
| Listed by North Hills Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017