85
Map
2178 Nettles Boulevard
About This Property
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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 |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | Listed by The Keyes Company - Jensen Beach | $666,669 | |
| Listed by The Keyes Company - Jensen Beach | |||
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Discover the perfect blend of luxury and tranquility in this stunning 2 bedroom 2 bathroom home, nestled in a prestigious gated community of Nettles Island and located on S. Hutchinson Island. The home is an open-concept living and dining area designed for comfort and entertaining and equipped with large impact windows for enhanced security and energy efficiency and to enjoy the waterfront scenery. Recent updates include fresh interior paint, updated light fixers, fans, and features new window treatments throughout the home. New awnings enhance the outdoor patio areas and large waterfront deck perfect for enjoyment throughout the day, and great for launching your kayaks/paddleboards. Community Amenities: Two heated pools, 1 oceanside pool, tennis, shuffleboard, bocce ball, fitness, miniature golf, restaurant, variety store, pet salon, and much more. The home is coming furnished with all new furniture! The golf cart and outside furniture do not convey with the sale of the home.
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| Oct 4, 2023 | Sold | ||
| Sold | |||
| Aug 5, 2023 | Listed by Premier Realty Group Inc | $539,000 | |
| Listed by Premier Realty Group Inc | |||
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017