619 Benedictine Terrace
About This Property
Inside, you'll find the home flows easily from the living room into the kitchen and dining areas, creating a warm space where family and friends can gather. The split floor plan gives everyone their own space, with 3 bedrooms and 2 bathrooms, including a primary with a private ensuite for creating your own peaceful retreat at the end of the day. Complete with a spacious flex room that is just waiting to become whatever you needa 4th bedroom, an office, a playroom, or a quiet reading space.
Conveniently tucked between Laconia and Barber Street, you're just minutes from shopping, downtown Sebastian, and local schools. The Barber Street Sports Complex is only 3 minutes away, with its inclusive fenced playground, sports fields, and a skate park for your thrill-seekers.
Some practical things you'd like to know: Solar panels were installed in 2023 and owned outright, which means you can focus on enjoying life here instead of worrying about higher utility bills. The pool is saltwater & solar heated with a child safety fence that was installed in 2024. Roof is only a mere 8yrs old and the water heater was replaced in 2021. Electric and cable utilities are located underground. Zoned irrigation on property sourced through a well. Home is on city/public water with a septic system.
This home isn't just a place to liveit's a place to slow down, spread out, and make lasting memories, whether you're starting your next chapter or savoring the one you're in.
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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