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1027 Nettles Boulevard
About This Property
Located on Nettles Island, a guard-gated river community across the street from the Atlantic Ocean. Nettles Island offers so many fun activities, including two heated swimming pools-one on the ocean with beach access-tennis, pickleball, horseshoes, line dancing at the beach, a large clubhouse, fitness room, cafe, games for the entire family, library, church services, and over 40 different clubs. Come live the Florida lifestyle you have always dreamed of!
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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 |
|---|---|---|---|
| Oct 5, 2026 | Listed by Hutchinson Island Real Estate | $174,900 | |
| Listed by Hutchinson Island Real Estate | |||
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About South Hutchinson Island
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Last Updated: 13 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20057123
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