1450 Forest St
About This Property
The backyard is the real highlight of this home. East facing, with large shade tree, raised irrigated vegetable bed and huge flagstone patio with pergola, make it an ideal outdoor space to unwind or entertain. Pergola is covered with fragrant concord grapes, ready to eat in early September. Two car garage with street access. Unfinished partial basement awaits your imagination. Currently used as laundry area and storage. This home's location has it all. Only a 3 min walk for last minute groceries, fresh baguette and a bottle of wine at Marczyks/Fairfax Wine. If you prefer to dine out, within 2 blocks there are many great local eateries including Pato's Tacos, Chop Shop Eatery, Jett Sushi and Nuggs Ice Cream!
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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 |
|---|---|---|---|
| Jul 10, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | Listed by Brix Real Estate LLC | $729,900 | |
| Listed by Brix Real Estate LLC | |||
| | |||
|
Updated and well-cared for stucco bungalow tile house in Denver’s popular Mayfair neighborhood. Large covered front porch overlooks mature perennial garden. This 1920’s charm flows throughout the home with lots of natural light from oversized windows, refinished original hardwoods and craftsman details including picture rail molding and 7” baseboards. The spacious living room boasts a 15 ft mantel with built in shelving over gas log fireplace. Larger kitchen with nook overlooks sunroom and back yard. Kitchen updates include granite countertops, tile flooring, stainless fridge and 5 burner gas range/oven with vented hood. The sunroom off the kitchen has a skylight and 100 + additional sq footage not included in public records! There are 3 bright bedrooms with ample closet space. Bedroom off the living room makes for a great home office. This tile house, including tile roof keeps cooler in summers and warmer in the winter months.
The backyard is the real highlight of this home. East facing, with large shade tree, raised irrigated vegetable bed and huge flagstone patio with pergola, make it an ideal outdoor space to unwind or entertain. Pergola is covered with fragrant concord grapes, ready to eat in early September. Two car garage with street access. Unfinished partial basement awaits your imagination. Currently used as laundry area and storage. This home's location has it all. Only a 3 min walk for last minute groceries, fresh baguette and a bottle of wine at Marczyks/Fairfax Wine. If you prefer to dine out, within 2 blocks there are many great local eateries including Pato's Tacos, Chop Shop Eatery, Jett Sushi and Nuggs Ice Cream!
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| Aug 25, 2022 | Listed by Brix Real Estate LLC | $724,900 | |
| Listed by Brix Real Estate LLC | |||
| Oct 16, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017