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1021 Nettles Boulevard
About This Property
Sunny & bright living room w/wonderful wall of windows, 2 baths (one is ensuite master), 2nd comfy bedroom w/back door, huge well-equipped kitchen & family dining area with room for lots of family & friends. This large, super-clean one owner home has been extremely well-maintained--Nothing to do but move in! SOLD FULL FURNISHED. Nettles is an Ocean to Riverfront active gated resort community with so many amenities: Olympic-sized heated pools & spas Oceanfront & Riverfront--always sparkling clean, private ocean beach access, active clubhouse, fitness room, over 40 clubs, many lovely common areas open to all residents, tennis, pickleball, restaurant, breakfast/lunch cafe, Oceanfront snack bar & cabana, great weather year-round, and very friendly people. Come to the Island & start enjoying our wonderful lifestyle.
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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%.
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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Nov 29, 2023 | Listed by Hutchinson Island Real Estate | $298,500 | |
| Listed by Hutchinson Island Real Estate | |||
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017