549 SEBASTIAN Square
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 13, 2026 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $729,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
| Jul 14, 2026 | Price Decreased |
$759,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| May 14, 2026 | Price Decreased |
$779,000
↓ $20K
(2.5%) | |
| Price Decreased | |||
| Apr 16, 2026 | Price Decreased |
$799,000
↓ $26K
(3.1%) | |
| Price Decreased | |||
| Feb 23, 2026 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $824,900 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
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Welcome to this elegant and well-maintained Toll Bros home in the Sebastian Sq section of amenity rich Palencia. Upon entering you are greeted by 9' tray ceilings, crown moldings and stunning rich wood flooring. The kitchen is equipped with a center island, breakfast bar, stainless steel appliances and range hood and a fabulous butler's pantry located between the kitchen and dining room areas. The spacious and open family room features a gas fireplace with built in cabinetry on each side, plantation shutters and very large windows overlooking the private backyard with plenty of room for a pool. The generously sized primary bedroom features a bay window with seating area , his and hers closets and a door to access the screened lanai. Exterior of home was painted in 2025 and new shutters installed. New screens were installed on the lanai in 2025. Roof was replaced in 2019 and HVAC system replaced in 2017 and serviced twice a year. Palencia amenities include security gate, 10 tennis courts, 6 pickle ball courts,2 bocce courts, 3 swimming pools, dog park, walking trails ,a boardwalk to the intercoastal, multiple playgrounds and a full gym.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017