216 STONY POINT DRIVE
About This Property
Designed for today's connected lifestyle, the home is equipped for gig-speed internet upstairs and down-perfect for remote work, gaming, and streaming. A whole-house surge protection system provides added peace of mind.
Recent upgrades include a seamless metal roof, fresh interior and exterior paint, 2023 water heater, new refrigerator, and new washer-making this home truly move-in ready.
Located in the sought-after gated community of Sebastian River Landing, offering resort-style amenities including pool, clubhouse, tennis courts, and basketball courts. Zoned for top-rated A schools within a district ranked #5 in Florida.
Spacious, updated, well-connected, and ideally located in one of Sebastian's most desirable neighborhoods.
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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 11, 2026 | Sold | ||
| Sold | |||
| Apr 4, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Price Decreased |
$409,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Feb 28, 2026 | Listed by EXP Realty LLC | $419,900 | |
| Listed by EXP Realty LLC | |||
   | |||
|
Rare opportunity to assume an incredible 2.25pct interest rate--an exceptional advantage in today's market. This spacious pond-front home offers nearly 2,800 sq ft with 4 generously sized bedrooms upstairs and 2 full baths, plus a flexible downstairs den ideal as a 5th bedroom, home office, or guest suite, complete with a convenient half bath on the main level. Designed for today's connected lifestyle, the home is equipped for gig-speed internet upstairs and down--perfect for remote work, gaming, and streaming. A whole-house surge protection system provides added peace of mind. Recent upgrades include a seamless metal roof, fresh interior and exterior paint, 2023 water heater, new refrigerator, and new washer--making this home truly move-in ready.
| |||
| Jan 30, 2026 | Price Decreased |
$419,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
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About Sebastian
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EXP REALTY LLC
Last Updated: 5 months ago
Data Source: Stellar MLS, MLS# V4945374
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017