7624 Brook Forest Ln
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 |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Oct 31, 2025 | Listed | $197,900 | |
| Listed | |||
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Nestled in the heart of Evergreen's Brook Forest neighborhood, this 2.33-acre parcel offers a rare opportunity to create your mountain retreat from the ground up. The property has been in the same family for over 60 years and was once home to a cherished cabin - now likely a tear-down - offering a ready-made building envelope for your new vision. Accessed by an established dirt driveway, the land features gentle topography, mature trees, and serene privacy, creating the perfect backdrop for your dream home or weekend getaway. With selective tree removal, you can reveal mountain views while preserving the peaceful, secluded atmosphere - and if you choose to build farther up on the property, the views become even more impressive. Enjoy the benefits of bordering Arapahoe National Forest, where endless outdoor adventure awaits just beyond your backyard - hiking trails, wildlife watching, and exploring all that Evergreen's mountain lifestyle has to offer. Water options include drilling a private well or connecting to the Brook Forest Water District. No septic system is currently in place, allowing you to design everything to suit your needs. Whether you envision a cozy modern cabin or a timeless mountain estate, this property combines history, natural beauty, and untapped potential - all within minutes of downtown Evergreen. Just 1.5 miles to Maxwell Falls Lower Trail, 1.5 miles to Maxwell Falls Trailhead, 5 miles to Hwy 73, and 6 miles to Evergreen Lake, it offers a peaceful mountain setting with easy access to trails, recreation, and town amenities.
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| Nov 2, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017