12153 Boca Reserve Lane
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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 |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Mar 8, 2026 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Listed by Peters Realty | $1,590,000 | |
| Listed by Peters Realty | |||
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Discover a beautifully upgraded lakefront residence in the exclusive enclave of Boca Reserve. Built in 2014 and enhanced with high end finishes, this property offers a rare combination of luxury, functionality, and privacy. The home features 4 bedrooms plus a flexible bonus room that can serve as a 5th bedroom, office, playroom, or gym, along with 3 full and 2 half baths and an oversized 3 car garage with extended depth.
The main level includes a spacious primary suite with serene water views, a second ensuite bedroom ideal for guests or multigenerational living, and a versatile bonus space. The chef style kitchen, elegant custom details, and seamless indoor outdoor layout make everyday living and entertaining effortless. Outside, enjoy a fenced backyard with a pool spa and summerkitchen
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| Oct 12, 2025 | Listed | $1,590,000 | |
| Listed | |||
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Discover lakefront luxury in the prestigious gated community of Boca Reserve. This beautifully upgraded home offers over $200,000 in premium enhancements, featuring 5 bedrooms, 3.2 bathrooms, and an expansive open floor plan designed for modern living. The first floor boasts three spacious bedrooms, including a serene primary suite with stunning lake views. The chef's kitchen is a showstopper with granite countertops, stainless steel appliances, wood shaker cabinetry, and a large pantry. Upstairs, two additional bedrooms include one with a private balcony overlooking the tranquil lake. Outdoor living shines with a fenced yard, a screened pool and spa, a summer kitchen, and ample space to entertain. This home also includes impact windows and a 2-car garage.
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| Aug 6, 2025 | Price Decreased |
$1,475,000
↓ $15K
(1%) | |
| Price Decreased | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017