39
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1109 Nettles Boulevard
About This Property
ELEVATOR FROM OUTSIDE TO EITHER FLOOR, NO STEPS AT ALL READY FOR A CUSTOM DOCK TO BE BUILT IN YOUR BACKYARD WHERE YOU WILL ENJOY THE SUNSETS!
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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 |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Sep 19, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Listed by Beach Front Mann Realty | $879,000 | |
| Listed by Beach Front Mann Realty | |||
| May 17, 2025 | Listed | $939,000 | |
| Listed | |||
| | |||
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COASTAL LIVING DREAM HOME... Incredible INDIAN RIVER SUNSETS... CONCRETE STUCTURE with IMPACT WINDOWS, LOTS OF UPGRADES: ELEVATOR, 2- COVERED PORCHES, 2-KITCHENS (Main upstars and Guest kitchen downstairs,), GRANITE COUNTERTOPS & PREMIUM CABINETRY, HUGE LUXURY MASTER BATH, more!!! DEEP WATER AT SEAWALL, OCEAN ACCESS, COME BUILD YOUR CUSTOM DOCK & BOAT LIFT (Up to 40-Foot Boat). Come make friends with Manatees, Dolphins, and Lots of Fish swimming by daily! Enjoy the huge list of Nettles Island amenities, 2- huge Pools, & Beach Access... Home Photos Coming Soon...
| |||
| Feb 16, 2000 | Sold | ||
| Sold | |||
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017