528 SEBASTIAN Square
About This Property
The thoughtful split floor plan features a primary suite and 3 guest bedrooms downstairs, with 1 bedroom and a bonus room upstairs. The bonus space includes a wet bar, beverage fridge, and wall-to-wall built-ins ready for an 85"+ TV, making it the perfect media or game room. The home also boasts a cabana bath, formal living and dining rooms, custom crown and picture moldings, and ample storage throughout. Palencia residents enjoy top-tier amenities: a championship Arthur Hills golf course, fitness center, 3 resort-style pools, lighted clay tennis courts, pickleball courts, sports fields, scenic fitness trails, and a boardwalk to the Intracoastal. Plus, an A-rated elementary school is located right in the neighborhood. If you're looking for luxury, privacy, and resort-style living, this home is your dream come true. Don't miss your chance to own this tropical sanctuary in Palenciaschedule your private tour today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017