3642 Forecastle Court
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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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| Mar 23, 2025 | Relisted | $845,000 | |
| Relisted | |||
| Mar 22, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | Listed by Water Pointe Realty Group | $845,000 | |
| Listed by Water Pointe Realty Group | |||
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Welcome to this beautifully maintained custom-built 4-bedroom, 3-bath concrete block pool home, featuring a spacious open floor plan perfect for modern living. With thoughtful updates, including A/C unit (2017), hot water heater (2019), and metal roof (2016), this home is move-in ready. The pool was recently resurfaced in 2024, and the pool pump and filter were updated in 2020, ensuring everything is in top condition. Located in the serene, gated community of The Reef in Rocky Point, this home offers a peaceful retreat in a truly hidden gem of a neighborhood. Enjoy close proximity to the fantastic dining options in Manatee Pocket, explore the natural beauty of Maggie's Hammock Park, or walk to the beach area with Kayak launch to the intercoastal.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017