$397,000
●
House -
Off Market
823 Forest St #823
Denver, CO 80220
2 Beds
1 Bath
885 Ft²
$2,219
Est. Monthly
4.48%
Cap Rate
About This Property
Your search for an affordable home is over. Enjoy this solid
entry level unit on a quiet street in the highly sought after
Mayfair Neighborhood. Enjoy easy access to Downtown Denver,
Denver Zoo, Cherry Creek, I-70, and lots of parks and trails.
Top rated local spots include Trader Joes, Snooze, Rose
Medical Center, and the Culinary Dropout. The home has the
original hardwood floors, new laminate in the kitchen, and a
dedicated washer/dryer area. Mature landscaping enjoys the
benefit of a full sprinkler system. This economical home is
ready to be enjoyed today as you plan how to customize it and make
it your own.
Unit Size
885 Ft²
Days on Market
-
Land Size
-
Price per sqft
$449
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (REcolorado MLS #5799397)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2023 | Listed | $397,000 | |
| Listed | |||
| | |||
|
Your search for an affordable home is over. Enjoy this solid entry level unit on a quiet street in the highly sought after Mayfair Neighborhood. Enjoy easy access to Downtown Denver, Denver Zoo, Cherry Creek, I-70, and lots of parks and trails. Top rated local spots include Trader Joes, Snooze, Rose Medical Center, and the Culinary Dropout. The home has the original hardwood floors, new laminate in the kitchen, and a dedicated washer/dryer area. Mature landscaping enjoys the benefit of a full sprinkler system. This economical home is ready to be enjoyed today as you plan how to customize it and make it your own.
| |||
Property Highlights
Interior Details
Full Bathrooms: 1
Appliances: Dishwasher, Refrigerator, Washer, Dryer, Disposal
Laundry Features: Main Level
Exterior Details
Has Property Attached
Square Footage: 885
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 1953
Building Area Total: 885
Levels: One
Building Area Units: Square Feet
Construction Materials: Brick/Brick Veneer
Lot Size Units: Square Feet
Water Source: City Water
Financial Details
Tax Annual Amount: $3,229
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Forced Air
Sewer : Public Sewer, City Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/14/2024
| |
2 Bed
|
1 Bath
|
885 ft²
|
$490,000
2 Bed
1 Bath
885 ft²
|
$500,000
+2.04%
04/03/2024
|
Sean Gribbons
The Gold Standard Brokerage
|
|
09/27/2023
|
2 Bed
|
1 Bath
|
885 ft²
|
$397,000
2 Bed
1 Bath
885 ft²
|
-
-
|
Robert Pontow
Sherwood Realty Ltd
|
Building Info
About Southeast Denver
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Listed by: Robert Pontow,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 5799397
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 5799397
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