5 Coconut Lane
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 12, 2024 | Sold | ||
| Sold | |||
| Aug 4, 2023 | No longer available | - | |
| No longer available | |||
| Oct 13, 2022 | Listed by Premier Estate Properties | $6,250,000 | |
| Listed by Premier Estate Properties | |||
| | |||
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Large Ocean Ridge custom estate with a guest house is an award-winning architectural masterpiece designed by Randall Stofft offering a luxe beach lifestyle. Features include gracious formal rooms, pool-view game room/theatre with a bar, and a great room open to the kitchen and pool-side loggia. Other details include high ceiling heights, Brazilian Cherry hardwood floors and a 400-bottle wine room.The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements. Exclusions: Projector in Theatre, all televisions, pizza oven, commercial grade refrigerator in garage. The manager has listed the unit size as 5717 square feet.
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| Jul 3, 2012 | Sold | ||
| Sold | |||
| Mar 21, 2011 | Listed by VLC Property Group, Inc | $2,950,000 | |
| Listed by VLC Property Group, Inc | |||
Property Highlights
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About Boynton Beach Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017