16502 Catalonia Drive
About This Property
Step inside and be greeted by soaring ceilings and abundant natural light that flows through the expansive, open-concept layout. The heart of the home is a stunning chef's kitchen featuring a massive island, granite countertops, and a professional-style range-ideal for entertaining or quiet nights in. The kitchen opens seamlessly to the spacious living area, creating an effortless flow for everyday living.
Downstairs, you'll find a full bedroom and bathroom-perfect for guests or multi-gen living. Upstairs, the generously sized primary suite is a true retreat, complete with a private balcony boasting unobstructed west-facing views. Every bedroom in the home features an ensuite or a Jack-and-Jill-style bathroom, offering comfort and convenience throughout. A large loft space adds flexibility for a media room, home office, or play area.
Outside, the property is fully gated and fenced, offering both security and peace of mind. The meticulously maintained grounds and 3-car garage complete the package.
This is more than just a home-it's a rare opportunity to own a slice of Riverside's most scenic and desirable lifestyle on a truly one-of-a-kind lot!
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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 16, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | Listed by REDFIN | $1,299,990 | |
| Listed by REDFIN | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017