16306 RIVERS REACH BOULEVARD
About This Property
Welcome to 16306 Rivers Reach Blvd, a breathtaking opportunity to own a luxurious home in Rivers Reach-a community of 302 homes, many situated on larger lots.
This beautifully designed residence features 3 bedrooms, 4 bathrooms, and a dedicated office space, offering the perfect blend of comfort and functionality. From the moment you step inside, you'll be captivated by the bright, open floor plan, stylish finishes, and abundant natural light.
The gourmet kitchen is a chef's dream, complete with high-end appliances, ample counter space, a large island, and a seamless flow into the living areas-perfect for entertaining family and friends.
Step outside to your expansive private backyard retreat, lined with mature trees. Here, you'll find a pristine heated pool, an outdoor kitchen with a alfresco wok burner and grill, an unbeatable setting for relaxation. Unwind by the fire pit or enjoy movie nights in your very own home theater!
This home also boasts fresh paint (November 2023), giving it a crisp, modern feel. Plus, outdoor enthusiasts will love the kayak launch on the Manatee River, providing direct access to serene waterways.
Located in the gated Rivers Reach community, residents enjoy access to a community pool, playground, and scenic surroundings.
Don't miss this incredible listing-schedule your showing today and experience the best of Florida living!
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Cap Rate Calculator
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 23, 2025 | Sold | ||
| Sold | |||
| Apr 25, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Price Decreased |
$755,000
↓ $14K
(1.8%) | |
| Price Decreased | |||
| Jan 9, 2025 | Price Decreased |
$769,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jan 9, 2025 | Relisted | $779,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017