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1282 NETTLES Boulevard
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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 29, 2024 | Sold | ||
| Sold | |||
| Mar 17, 2024 | Listed by Hutchinson Island Real Estate | $424,800 | |
| Listed by Hutchinson Island Real Estate | |||
   | |||
|
$31,000 PRICE REDUCTION TODAY & PRICED TO SELL RIGHT NOW!! A VERY SPACIOUS CUSTOM-BUILT SPLIT-LEVEL HOME ON A BEAUTIFUL LARGE CORNER STEPS FROM THE RIVER & WATERFRONT PARK! ENJOY AN OPEN FLOORPLAN, VERY LARGE ROOMS, STORAGE EVERYWHERE & PARKING FOR 3 VEHICLES! So many special features: RIVER VIEWS FROM LIVING ROOM, FRONT DRIVEWAY & BACKYARD, upgraded tile flooring, accordion hurricane shutters, granite island in kitchen, an ENTIRE FINISHED LOWER LEVEL/possible 3rd bedroom, & a drive-in golf cart garage/workshop. SW RIVERFRONT PARK JUST 4 HOMES AWAY! Fish from the River or just enjoy spectacular water views! SOLD FULLY FURNISHED! Nettles Island is an Ocean to Riverfront active resort community with many amenities & activities: Ocean & Riverfront pools & spas, mini golf course, waterfront Bocce, Shuffleboard, Pickleball, Tennis, Theater Guild, over 40 clubs, active clubhouse, private beach access, & friendly neighbors. Come to the Island & start enjoying our wonderful lifestyle!
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| Jun 7, 2016 | Sold | ||
| Sold | |||
| Apr 28, 2016 | Listed by Hutchinson Island Real Estate | $224,900 | |
| Listed by Hutchinson Island Real Estate | |||
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About South Hutchinson Island
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Last Updated: 3 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M388006
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