654 Cavern Terrace
About This Property
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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%.
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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.
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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Listed by REDFIN CORPORATION | $698,900 | |
| Listed by REDFIN CORPORATION | |||
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Welcome to this stunning 5-bedroom, 3-bath, 3,501 sq ft home, built in 2000 and situated on a generous 0.75-acre triple lot (Lots 13, 14 & 15) in the desirable Sebastian Highlands. Boasting a huge screened pool and spa, this residence offers endless opportunities for entertaining or relaxing in privacy. Inside, enjoy an open floor plan where the kitchen, complete with a breakfast bar and eat-in area, overlooks the family room. The extra-large primary suite is a true sanctuary, while three additional bedrooms provide flexibility for guests, family, or a home office. Additional features include tile floors throughout, vaulted ceilings, block/stucco construction, a tile roof, and a 3-car attached garage. Lush, mature landscaping and a wooded yard ensure exceptional curb appeal and privacy. There is also a large bonus room upstairs. Convenient to schools, shopping, dining, and river access, this is a rare chance to own a spacious home in one of Sebastian's highly sought-after neighborhoods.
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| Aug 29, 2022 | Sold | ||
| Sold | |||
| Jun 27, 2022 | Listed by Waterman Real Estate, Inc. | $429,900 | |
| Listed by Waterman Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017