99 Barnes Road
About This Property
Step inside to discover an open floor plan with high ceilings throughout, creating a bright and airy atmosphere. The gourmet kitchen is a true highlight, featuring a large island with luxurious granite countertops and rich wood finishes. The upgraded kitchen cabinets, complete with elegant glass-fronted overhead doors, elevate the space, making it a perfect spot for both casual meals and entertaining.
Designer tile flooring flows seamlessly through the main living areas, enhancing the home's modern appeal. The expansive, fully remodeled backyard is a private oasis, complete with a stunning patio deck, stylish composite wood wall accents, and LED lighting, perfect for relaxing or hosting outdoor gatherings. The pet relief turf with built-in drainage adds an extra touch of convenience for pet owners.
Additional upgrades include fully paid-off solar panels, EV Charger, a tankless water heater for energy efficiency, and an aluminum gate with a smart lock for enhanced security and convenience. The master suite serves as a serene retreat, offering a spacious bathroom with a dual-sink vanity, a relaxing bathtub, and a separate shower-creating a true spa-like experience.
Convenience and practicality are key, with all bedrooms conveniently located on the same level as the dedicated laundry room, making daily tasks a breeze.
As a resident, you'll enjoy the benefits of the master association, which includes access to the beautifully designed Legacy Club Recreation Centre. The clubhouse offers a fully equipped kitchen, barbecues, a fire pit, and plenty of space for gatherings. For recreation, enjoy the full-size basketball court, two bocce ball courts, two play areas, and an interactive water play area, providing fun for all ages.
Ideally located near top schools, including Legacy Magnet Academy, and just minutes from Newport Beach and John Wayne Airport, this home offers the ultimate in convenience. Nearby shopping centers and The District provide a wealth of dining, shopping, and entertainment options, all just a short distance away.
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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 |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Mar 17, 2025 | Listed by Hanu Reddy Realty | $1,550,000 | |
| Listed by Hanu Reddy Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017