39
Map
561 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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Apr 9, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Listed by Hutchinson Island Real Estate | $619,000 | |
| Listed by Hutchinson Island Real Estate | |||
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CUSTOM BUILT - COASTAL LIVING BEACH HOME features GREAT ROOM OPEN FLOOR PLAN perfect for entertaining. Cathederal Ceilings in Living & Dining room. NEW DESIGNER KITCHEN, NEW LUXURY LAMINATE FLOORS, NEW DECK,and NEW METAL ROOF. Home has tons of storage and a HOBBY SHOP IN Lower Level. Upstairs has a Master Suite with Luxurious EN-SUITE MASTER BATH... Downstairs offers two large bedrooms, family room, full bath & nice laundryroom. Nettles Island is a Guard-gated ISLAND COMMUNITY across from the Atlantic Ocean with resort-style amenities: 2-HUGE Heated Pools (One oceanfront with beach access- One on the riverfront). CLUBHOUSE hosts: Tennis, Pickleball, Café, Fitness Center, Library, Church Services, 30+ active clubs with plenty of social events (Concerts, Dinner Dances, & Barbeques). Come enjoy Biking, Walking or Sea Kayak aroung the Island.
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| Jul 1, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2023 | Listed by The Keyes Company - Jensen Beach | $510,000 | |
| Listed by The Keyes Company - Jensen Beach | |||
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017