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1254 Nettles Boulevard
About This Property
Nettles Island is an ocean to river resort community. Amenities include two Olympic size swimming pools, fitness center, tennis courts, pickle ball, basketball, shuffleboard, mini golf, marina, grocery store, hair salon, boutique and restaurant. 2024 rental data avail upon request.
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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 |
|---|---|---|---|
| Jul 23, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Listed by One Sotheby's International Realty | $619,000 | |
| Listed by One Sotheby's International Realty | |||
| Dec 28, 2021 | Sold | ||
| Sold | |||
| Sep 15, 2021 | Listed by Hutchinson Island Real Estate | $579,000 | |
| Listed by Hutchinson Island Real Estate | |||
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GORGEOUS WATERFRONT - Breath taking views of "OPEN WATER" on the Intra Coastal waterway. DEEP Water Dock & Concrete Sea Wall - UPDATE THE DOCK TO ACCOMMODATE your BIG BOAT! GREAT FISHING - Watch the parade of Fish, Porpoise, Manatees, and Island birds constantly cruising the Island. 2018 TOTAL REMODEL/UPGRADES TO HOME... Magnificent Sunrise from the Cottage NEW DECK or the Dining Room's Bay Window. The Open floor plan feels like a much larger home. Kitchen features GRANITE countertops, bar seating & SS Applainces. Move-In Ready with Designer Furnishings included. Outstanding Resort Community boast a huge list of amenities. Huge Clubhouse hosts: Cafe, Library, Exercise room, Tennis courts, Pickleball, Basketball, Shuffle board, Horse shoes, and Mini Golf. Bike, walk or sea kayak the Island or join in fun community clubs! Check out Nettles BEACH ACCESS, River-side pool and an Ocean-side pool.
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Property Highlights
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Price/ft²
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017