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Sebastian 32958
120 Keystone Drive
$490,000
● House - Off Market

120 Keystone Drive

Sebastian, FL 32958
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,830 Ft²
$2,543
Est. Monthly
4.78%
Cap Rate

About This Property

2023 construction home features 3 beds, 2 baths, insulated A/C garage w/epoxy flooring, extended driveway w/ pavers, impact windows+accordion shutters for added protection, generator, irrigation well for sprinklers w/ a hand pump, storage shed equipped w/ power & A/C, luxury vinyl flooring throughout, plantation shutters. A standout feature is the whole-house Tesla solar panel system complete w/ 3 Tesla batteries (valued at $70,000 paid off by the seller), situated on a large corner lot w/ vinyl fencing & ample space for a pool. A screened front & back porch adds charm & functionality.
Unit Size
1,830 Ft²
Days on Market
99 days
Land Size
0.30 acres
Price per sqft
$273
Property Type
House
Property Taxes
$92
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 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 (Indian River #279890)

Price History

Date / Event Date Event Price
Oct 25, 2024 Sold
Premium
Sold
Jul 18, 2024 Listed by Keller Williams Realty of VB $499,000
Listed by Keller Williams Realty of VB
Oct 18, 2022 Sold
Premium
Sold
Jul 19, 2022 No longer available -
No longer available
May 23, 2022 Listed by Keller Williams Realty of VB $69,000
Listed by Keller Williams Realty of VB

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 82

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: SEBASTIAN HIGHLANDS UNIT 17
  • Land Acres: 0000000300
  • Standard Land Use Code: 8001
  • County Land Use Code: 0000
  • State Land Use Code: 00
  • Legal Description 1: SEBASTIAN HIGHLANDS UNIT 17 BLK 569 LOT 1 PBI 8-46 TO 46P

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050805

Zoning

  • Zoning: RS-10

Geography

  • Parcel: 31-39-19-00001-5690-00001.0
  • Block: 569
  • Lot: 1
  • Meridian: SEC 19 TWN 31S RNG 39E
  • Municipality: CITY OF SEBASTIAN
  • Latitude: 27.7644
  • Longitude: -80.4544

    Address

  • Full Address: 120 Keystone Dr
  • Legal Unit: 17
  • Address - House Number: 120
  • Address - Street Name: Keystone
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sebastian
  • Carrier Code: R018
  • 4-Digit Zip Code: 6926
  • Zip Code: 32958

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $63,627
  • Tax Rate Code Area: 2

    Market Valuation

  • Market Total Value: $44,625
  • Market Land Value: $44,625

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,625
  • Assessed Land Value: $44,625

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Oct 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 62251
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sebastian

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1753 ft²

Average Home Age

27.7 years

Currently For Sale

163 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5790 Marina Drive, Sebastian, FL, 32958

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,060 ft²
5790 Marina Drive #2, Sebastian, FL, 32958 Listing by Lorena K Santoro
Unit for rent at 8012 Us Highway 1, Vero Beach, FL, 32967

$2,150 /mo

  • 2 Beds
  • 2 Baths
  • 1,026 ft²
8012 Us Highway 1, Vero Beach, FL, 32967 Listing by Jaime Aguilar

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Erin Rambala, Keller Williams Realty of VB
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 279890
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 120 Keystone Drive built and last sold?
The property at 120 Keystone Drive was built in and last sold on Oct 14, 2022 for $66,000.
How much is this home worth?
The estimated value of the home located at 120 Keystone Drive is $0.
What are some comparable homes to 120 Keystone Drive?
There are currently no comparable homes to 120 Keystone Drive.
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