$849,000
●
House -
Off Market
11348 Waterleaf Court
Riverside, CA 92505
5 Beds
3 Baths
2,627 Ft²
$4,513
Est. Monthly
$344
HOA / Fees
5.31%
Cap Rate
About This Property
Welcome to Your Dream Home in Montecito at Riverwalk!
Located in a gated community on a quiet cul-de-sac, this stunning 5-bedroom plus den/office, 3-bathroom home offers 2,627 sq ft of thoughtfully designed living space. To start you will be greeted by the covered front porch, double door entry with retractable screens . Enter to find a formal living and dining room with accent wall, a desirable downstairs bedroom and full bath, it's perfect for guests or multigenerational living. The family room is open to the kitchen with a fireplace for those cozy nights!
Enjoy California living at its finest with a private salt water pool and spa, a covered Alumawood patio with a ceiling fan, and a freshly painted exterior that adds to the home's pristine curb appeal. Inside, you'll find plantation shutters, fire sprinklers for added safety, and an updated kitchen ideal for any home chef including granite kitchen counters with island, double ovens, stainless steel sink and kick plate vacuum.
Additional upgrades include a new HVAC system, paid-off solar panels for energy efficiency, and a high voltage charger in the garage for electric car charging. This home truly has it all-comfort, style, and smart amenities-all in the highly sought-after Montecito at Riverwalk community.
Don't miss your chance to make this incredible property yours!
Located in a gated community on a quiet cul-de-sac, this stunning 5-bedroom plus den/office, 3-bathroom home offers 2,627 sq ft of thoughtfully designed living space. To start you will be greeted by the covered front porch, double door entry with retractable screens . Enter to find a formal living and dining room with accent wall, a desirable downstairs bedroom and full bath, it's perfect for guests or multigenerational living. The family room is open to the kitchen with a fireplace for those cozy nights!
Enjoy California living at its finest with a private salt water pool and spa, a covered Alumawood patio with a ceiling fan, and a freshly painted exterior that adds to the home's pristine curb appeal. Inside, you'll find plantation shutters, fire sprinklers for added safety, and an updated kitchen ideal for any home chef including granite kitchen counters with island, double ovens, stainless steel sink and kick plate vacuum.
Additional upgrades include a new HVAC system, paid-off solar panels for energy efficiency, and a high voltage charger in the garage for electric car charging. This home truly has it all-comfort, style, and smart amenities-all in the highly sought-after Montecito at Riverwalk community.
Don't miss your chance to make this incredible property yours!
Unit Size
2,627 Ft²
Days on Market
48 days
Land Size
0.17 acres
Price per sqft
$323
Property Type
House
Property Taxes
-
HOA Dues
$344
Year Built
2002
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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.
Last updated: 2 years ago (CRMLS #SW25096000)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Listed by Century 21 Masters | $849,000 | |
| Listed by Century 21 Masters | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About La Sierra
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Listed by: Mary Barney, Century 21 Masters
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25096000
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25096000
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