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157 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 12, 2025 | Price Decreased |
$450,000
↓ $25K
(5.2%) | |
| Price Decreased | |||
| Jun 23, 2025 | Listed | $474,700 | |
| Listed | |||
| | |||
|
Water, Watеr, еvеrywhere! Thiѕ bеautіfullу remodeled 2-bedroοm, 2-bаth beach home sits on a north-facing seawall with stunning unobstructed river views. An additional bedroom and bath were added in 2025, enhancing both comfort and space. Major updates completed in 2022–2023 include Hardie Plank siding, metal roof, new windows, doors, storm shutters, and fresh paint inside and out. The kitchen and bathrooms were tastefully renovated, featuring stainless steel appliances, ample cabinetry, and vinyl and tile flooring throughout. Large windows fill the home with natural light, perfect for bird watching and enjoying Florida’s natural beauty. Partially furnished with modern window treatments, newer A/C, new ductwork, and new tie-downs. Located in the guard-gated community of Nettles Island, offering private beach access, marina, two pools, pickleball, and more!
| |||
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Price Decreased |
$444,000
↓ $30K
(6.3%) | |
| Price Decreased | |||
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