24
Map
792 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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | Listed by Hutchinson Island Real Estate | $239,000 | |
| Listed by Hutchinson Island Real Estate | |||
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|
WHAT A GREAT PRICE REDUCTION!!!! WELCOME TO PARADISE! ADORABLE BEACH BUNGALOW 1 BEDROOM, 1 BATH, LOTS OF NATURAL SUNLIGHT, EXTREMELY WELL MAINTAINED, NEW A/C INSTALLED 09/23, LAMINATE FLOORING, NEW BAY WINDOWS IN FRONT & BACK OF HOUSE, GREAT PATIO SPACE AND 2 CAR PARKING. WITHIN WALKING DISTANCE TO THE ATLANTIC OCEAN, CLOSE TO THE MARINA AREA. PEEKABOO WATER VIEWS FROM THE FRONT DECK. LOCATED ON NETTLES ISLAND, A GUARD-GATED RIVER COMMUNITY ACROSS THE STREET FROM THE ATLANTIC OCEAN. NETTLES ISLAND HAS SO MANY FUN THINGS TO DO: 2 HEATED SWIMMING POOLS, ONE ON THE OCEAN WITH BEACH ACCESS, TENNIS, PICKLE BALL, HORSE SHOES, LINE DANCING AT THE BEACH CABANA WITH SANDY, A LARGE CLUBHOUSE, WORK OUT ROOM, CAFE', GAMES FOR THE ENTIRE FAMILY, LIBRARY, CHURCH SERVICES, OVER 50 DIFFERENT CLUBS AND SO MUCH MORE. COME LIVE THE FLORIDA LIFESTYLE YOU HAVE ALWAYS DREAMED OF.
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| Mar 3, 2018 | Sold | ||
| Sold | |||
| Aug 7, 2017 | Listed by Hutchinson Island Real Estate | $107,800 | |
| Listed by Hutchinson Island Real Estate | |||
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WELCOME TO PARADISE...1 BEDROOM / 1 BATH ADORABLE BEACH BUNGALOW FURNISHED, NEWER BATH, A/C, APPLIANCES AND HOT WATER HEATER. THE BUNGALOW IS ON THE MAIN BLVD AND JUST A FEW STEPS TO A GROCERY STORE/ MARINA, WATERFRONT RESTAURANT, AND A BEACHY BOUTIQUE LET'S NOT FORGET, A QUARTER OF A MILE TO THE ATLANTIC OCEAN.LOCATED ON NETTLES ISLAND A RIVER TO OCEAN GUARD GATED COMMUNITY WITH TONS OF FUN THINGS TO DO... 2 SWIMMING POOLS ONE ON THE OCEAN WITH BEACH ACCESS, TENNIS, PICKLE BALL ( THE FASTEST GROWING SPORT IN A AMERICA ), HORSE SHOES, MINI GOLF, A LARGE CLUB HOUSE WITH OVER 40 DIFFERENT CLUBS, LIBRARY, CAFE', WORKOUT ROOM, AND SO MUCH MORE. COME LIVE THE FLORIDA LIFESTYLE YOU HAVE ALWAYS DREAMED OF.
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| Aug 3, 2015 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
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# M377809
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