7251 Brook Forest Dr
About This Property
This property is being sold as-is, where is, presenting an ideal chance for those seeking a project with substantial potential. Although it requires extensive de-cluttering due to an extreme hoarding case, imagine restoring this home to its former glory and transforming it into a true gem. The possibilities are endless!
This home last sold in 2008, this property showcased its true beauty through captivating pictures back in those days. The previous listing mentioned that a new 6-person/3-bedroom septic system was installed in 2000, giving hope to a good system. Buyer will need to obtain a Jefferson County Form 900, closing with septic in as-is condition. Also, a remarkable 6+ car dream garage/workshop building, valued at $70,000, offers a unique opportunity for those in need of such a setup.
Access to the property is convenient with easy paved roads and a flat dirt driveway, providing ample parking space, including room for RVs. The breathtaking views and gently sloping lot add to the allure of this investment or your future dream home venture.
We are urgently seeking a true cash buyer who can close quickly, preferably by mid-July, as-is / Where-is. By doing so, the public administrator can avoid foreclosure and you can secure this property at an undervalued price, and then start your project!
Please note that the sale includes the property as-is, encompassing the well and septic system. Additionally, the buyer will be responsible for handling any remaining items left in the home, garage/shop, and property (There's a lot!). There's also some water damage/mold from a pipe break in BSMT.
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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 2, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed by Compass - Denver | $849,999 | |
| Listed by Compass - Denver | |||
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Welcome to this elegant and modern A-Frame home nestled at 7251 South Brook Forest Drive, Evergreen, CO. This one-of-a-kind retreat is situated on an oversized 1.39-acre lot, offering breathtaking Colorado views and a serene escape from the city. . As you step inside, you'll be greeted by a meticulously remodeled interior spanning 1888 square feet. The open living and dining area boasts designer accents of wood, creating a warm and inviting ambiance. The kitchen is a culinary delight, featuring brand new stainless steel appliances, oversized black quartz counters, and a seamless flow into the entertaining space.The main floor hosts a bedroom and a full bath, while upstairs, the primary retreat awaits with vaulted ceilings and a luxuriously finished bathroom. The basement offers an open living space, an additional bedroom, and a bathroom, providing ample room for relaxation and privacy.One of the standout features of this property is the expansive garage, offering space for over 6 cars or any type of mountain toys an outdoor enthusiast may have. The driveway and parking included ensure convenience for both residents and guests.This home presents a rare opportunity to experience the best of Evergreen living, with a harmonious blend of modern luxury and natural beauty. Don't miss the chance to make this stunning retreat your own. Schedule a showing today and prepare to be captivated by the allure of 7251 South Brook Forest Drive.
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| Jul 11, 2023 | Sold | ||
| Sold | |||
| Jun 13, 2023 | Listed by Urban Companies | $410,000 | |
| Listed by Urban Companies | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017