533 NETTLES Boulevard
About This Property
. This is a vintage home 1986 & half frame & Vinyl siding added on 2004. The roof is 1 year old the AC is 8. (Owner)
Cute back yard for gathering get togethers.
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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.
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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 29, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Price Decreased |
$269,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
| May 15, 2025 | Listed by Hutchinson Island Real Estate | $275,000 | |
| Listed by Hutchinson Island Real Estate | |||
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New price and seller financing is available. Enjoy the resort lifestyle at your own beach cottage on Nettles Island. 1 bed room with large bonus room currently set up as a second bedroom. New solar panels installed on roof. New AC and siding. Well insulated and energy efficient. Easy walk to recreation facilities and pool which overlooks the intracoastal waterway. Good rental history ( 2 week minimum rental period). Nettles Island is located on Hutchinson Island between the Atlantic Ocean and the Intracoastal waterway. Amenities include pickle ball, tennis, shuffle board, bocce, horseshoes, mini golf and large recreational facility, 2 pools, (1 at the ocean and 1 at the recreation center) and private beach access. Seller holds a Florida Real Estate License.
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| Nov 16, 2022 | Sold | ||
| Sold | |||
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017