19
Map
850 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 |
|---|---|---|---|
| Aug 17, 2026 | Price Decreased |
$185,000
↓ $15K
(7.5%) | |
| Price Decreased | |||
| Apr 29, 2026 | Listed by Hutchinson Island Real Estate | $200,000 | |
| Listed by Hutchinson Island Real Estate | |||
| Jan 16, 2025 | Listed | $220,000 | |
| Listed | |||
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Priced for the land/lot, this Premium Lot backs up to a large open common area. Don't miss this incredible opportunity to own a piece of Nettles Island! This 1982 mobile home is currently used as a Vacation Rental as well as the owner's Beach Home. Whether you're looking for a fixer-upper or the chance to tear down the old structure and build your dream beach home, this property offers endless possibilities.
This home is serviceable with classical design. It works as a pet friendly rental currently renting at $3000/Mo in Season.
Located across from a privately accessed beach, this property offers exclusive amenities, including a heated riverside pool and a heated oceanside pool. Experience the best of coastal living with the flexibility to make this property your own!
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Property Highlights
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017