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13 Nettles Boulevard
About This Property
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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%.
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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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Price Decreased |
$550,000
↓ $40K
(6.8%) | |
| Price Decreased | |||
| May 16, 2024 | Price Increased |
$590,000
↑ $40K
(7.3%) | |
| Price Increased | |||
| Apr 14, 2024 | Listed by Realty One Group Engage | $550,000 | |
| Listed by Realty One Group Engage | |||
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Great location to enjoy resort living on the Intracoastal Waterway. Enjoy amazing sunsets and watching the dolphins play from your back deck. This Beautiful 2022 2 bedroom 2 bath 720 Sq Ft Manufactured Home is located on Hutchinson Island between the Atlantic Ocean and the Intracoastal Waterway. Bring your jet ski and your boat and keep them behind your home on the 2 boat lifts, 1 5,0000 lb and 1 10,000 lb. Nettles Island is a guard gated community with 2 pools, private beach access, tennis, pickle ball, shuffleboard, horseshoes, bocce, and numerous clubs and activities. Come enjoy the resort life.
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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