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144 Coconut Road
About This Property
*New construction
*4 bedrooms / 4.2 baths
*3,754 square feet under air / 4,588 total square feet
*High end finishes throughout
*12-foot+ ceilings throughout
*Porcelain and wood floors
*10-foot sliders
*Thermador appliances
*2-car garage with room for lift
*Circle driveway
*Impact windows and doors throughout
*Minutes to Atlantic Ave and the beach
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2025 | Sold | ||
| Sold | |||
| May 4, 2025 | In contract | - | |
| In contract | |||
| Apr 7, 2025 | Listed by Douglas Elliman | $2,995,000 | |
| Listed by Douglas Elliman | |||
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Welcome to 144 Coconut Road, a stunning brand-new modern masterpiece just minutes from downtown Delray Beach and the ocean. This luxury residence boasts an elegant master suite with a generous walk-in closet and spa-inspired bath, three spacious guest bedrooms plus an office or gym. The gourmet kitchen features top-of-the-line Thermador appliances, ideal for culinary enthusiasts. Enjoy seamless indoor-outdoor living with 10' sliders opening to a summer kitchen and sparkling pool, ideal for entertaining. Meticulously crafted with sleek finishes and designer touches, this home offers the best value in new construction, luxury, comfort, and sophistication all in one exceptional residence.
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| Mar 27, 2019 | Sold | ||
| Sold | |||
| Dec 19, 2018 | Listed by Douglas Elliman | $599,337 | |
| Listed by Douglas Elliman | |||
Property Highlights
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About Lake Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017