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153 Kings Road
About This Property
The second-floor primary suite, accessible by stairs or elevator, features two full baths, a study, and large walk-in closets. Four additional bedrooms each have ensuite baths. Further highlights include plaster moldings, wood and marble floors, impact windows, four AC zones, a generator, and a two-car garage.
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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.
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 |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed by Douglas Elliman | $15,750,000 | |
| Listed by Douglas Elliman | |||
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Located in Palm Beach's estate section, 153 Kings Road is a turnkey, Georgian-style home with modern amenities spanning nearly 6,800 total square feet. Built in 2009 by famed architect Tom Kirchhoff and tastefully designed by Colefax and Fowler, the home was featured in ''The Pearls of Palm Beach'' by Holly Holden. A double-height foyer presents high ceilings on both floors & leads to the living room, library, dining room, and chef's kitchen. The chef's kitchen includes a 6-burner gas range, dual ovens, two dishwashers, two refrigerators, a breakfast room, and a butler's pantry. French doors lead to a large, resort-style pool area.The second-floor primary suite, accessible by stairs or elevator, features two full baths, a study, and large walk-in closets. Four additional bedrooms
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| Apr 13, 2023 | No longer available | - | |
| No longer available | |||
| Nov 17, 2022 | Listed by Palm Beach Brokerage | $18,950,000 | |
| Listed by Palm Beach Brokerage | |||
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One of the most gracious homes in Palm Beach's estate section. On a quiet block between the lake and the ocean, 153 Kings Road was custom built in 2009 in collaboration with renowned London interior design firm Colefax and Fowler and respected architect Thomas Kirchhoff. This 5 bedroom, 6 bath home opens with a breathtaking double-height foyer, then fans out into 10-foot high ceilinged rooms with stunning millwork. The thoughtful layout can suit a large family but works for empty nesters too. This is a home that must be seen in person to fully appreciate. The manager has listed the unit size as 6043 square feet.
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About Boulevard Estates
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Douglas Elliman
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R11022547
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