16921 Blue Bird Place
About This Property
Welcome to 16921 Bluebird Palace, an incredible opportunity to own a home on a spacious corner lot in a serene cul-de-sac, located in the exclusive Lake Hills Reserve. This property offers the perfect blend of luxury, comfort, and convenience, with breathtaking panoramic views of the Cleveland National Forest and city lights. As you enter, you'll be greeted by soaring high ceilings and a modern kitchen featuring sleek granite countertops, ideal for both everyday living and entertaining. The layout is thoughtfully designed with plenty of room to accommodate your lifestyle, making it a perfect space for hosting family and friends. Step outside to your own private oasis-an on-site pool with cascading waterfalls and a Jacuzzi, all set against the stunning backdrop of the surrounding mountains. Imagine unwinding here, soaking in the tranquility and enjoying the magnificent sunsets this gated community is known for. Lake Hills Reserve offers an array of amenities, including a community park with a pool, picnic area, pavilion, and playground. You're also just minutes away from the shopping attractions of Tyler Mall, Riverside Plaza, and Dos Lagos. Plus, outdoor enthusiasts will appreciate the nearby hiking trails and scenic views. With top-rated schools and easy access to the city of Corona and major freeways, this home is perfectly positioned for both convenience and a peaceful retreat.
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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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $990,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017