25
Map
344 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 |
|---|---|---|---|
| Jul 22, 2025 | Sold | ||
| Sold | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Price Decreased |
$242,000
↓ $13K
(5%) | |
| Price Decreased | |||
| Jan 30, 2025 | Price Decreased |
$254,667
↓ $3K
(1.3%) | |
| Price Decreased | |||
| Apr 8, 2024 | Listed by Hutchinson Island Real Estate | $258,000 | |
| Listed by Hutchinson Island Real Estate | |||
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Now is the time to own your own piece of paradise! This adorable 1 bedroom 1 bath beach bungalow is located near the clubhouse! Fully furnished & fully equipped kitchen to start cooking that fresh catch! Comfortable dining area and bonus room that has been converted in to a second bedroom. Great area behind house to entertain. Nettles Island offers two swimming pools with one located at the private beach access, large clubhouse with pool, two hot tubs, tennis, pickleball, shuffleboard, bocce, basketball, mini golf, playground, fitness center and cafe. Over 50 different clubs to keep busy! Marina area offers a grocery store, pet spa, boutique, hair salon and Key West style restaurant. Pack your bags and move to the beach and enjoy the island lifestyle!
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About South Hutchinson Island
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$9,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017