25
Map
554 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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Price Decreased |
$414,000
↓ $31K
(7%) | |
| Price Decreased | |||
| Jan 18, 2025 | Listed by Hutchinson Island Real Estate | $445,000 | |
| Listed by Hutchinson Island Real Estate | |||
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WELCOME TO PARADISE !!!! This beautifully updated modular home sits on a large corner lot, offering tons of outdoor space for & entertaining. Enjoy two rebuilt porches w/ composite decking (2018), a flagstone driveway (2018) for added curb appeal. Inside, you'll find tile flooring throughout, a stylish updated kitchen w/ quartz countertops, farmhouse sink & new appliances. W/ plenty of parking & modern finishes, this home is a must-see. Nestled on Nettles Island, a picturesque guard-gated river community steps from the Atlantic Ocean, Nettles Island offers an incredible array of activities to keep you entertained year-round. W/ two heated swimming pools, including one right on the ocean w/ private beach access. Stay active w/ tennis, pickleball, line dancing. The community also features a spacious clubhouse, a fully e workout room, café, library, & games for the whole family. With over 40 clubs, church services, & more. COME LIVE THE FLORIDA LIFESTYLE YOU HAVE ALWAYS DREAM OF!
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| Jan 14, 2015 | 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