9
Map
669 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 |
|---|---|---|---|
| Jun 5, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Apr 12, 2025 | Price Decreased |
$324,500
↓ $9K
(2.6%) | |
| Price Decreased | |||
| Mar 7, 2025 | Listed by Hutchinson Island Real Estate | $333,000 | |
| Listed by Hutchinson Island Real Estate | |||
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This charming and whimsical beach bungalow is a true gem, offering a bright, airy atmosphere with updated features and stylish décor. Located just minutes from the beach, this home boasts numerous recent upgrades, including a new electrical pedestal (2024), a newer AC, and a newer hot water tank. The home's exterior is enhanced with new siding and tie-downs (both 2024), and the driveway has been freshly painted. Inside, you’ll find laminate flooring throughout and vaulted ceilings that create an open, spacious feel. The home has been meticulously maintained, with custom blinds and drapes, newer light fixtures, and an updated interior in 2022. This fully furnished home is decorated to the 9s, showcasing a whimsical, beachy vibe that will make you feel right at home. Whether you're relaxing in the cozy living area or entertaining guests, this beach bungalow is the perfect place to unwind. Golf cart included.
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| Apr 27, 2012 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
Listed On
Sold On
About South Hutchinson Island
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Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M361963
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