8
Map
477 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%.
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 |
|---|---|---|---|
| Mar 13, 2024 | No longer available | - | |
| No longer available | |||
| Mar 4, 2024 | Price Decreased |
$220,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Feb 14, 2024 | Listed by HUTCHINSON ISLAND REAL ESTATE | $230,000 | |
| Listed by HUTCHINSON ISLAND REAL ESTATE | |||
| | |||
|
LOT FOR SALE. SELLERS WILL CONCIDER FINANCING. This 2118SF treed lot is located next to Bathhouse 10 and has been upgraded with interlocking bricks, river stone flower beds, all new electrics, new shed with garden furniture. Tiedowns and skirting for a Cottage can be included. The sellers will consider selling the Cottage separately. Nettles Island is a very safe resort community located on Hutchinson Island and the Intra Coastal and has access to the Atlantic ocean. One Pool located at the recreation center and one at the ocean. All kinds of activities and functions are to be enjoyed. Biking, walking, pickle ball, tennis, basketball, put-put golf, shuffle board, bocci ball, horseshoes and over 40 organizations to participate in if you so desire, Church services, BBQs, dances, music and more.
| |||
| May 6, 2022 | Sold | ||
| Sold | |||
| Feb 11, 2015 | Sold | ||
| Sold | |||
Property Highlights
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017