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623 Blue River Rd
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 |
|---|---|---|---|
| Aug 26, 2026 | Listed | $399,000 | |
| Listed | |||
| May 29, 2025 | Listed by Unreal Estate LLC | $369,000 | |
| Listed by Unreal Estate LLC | |||
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Discover the perfect canvas for your custom mountain home on this tranquil 0.29-acre parcel at 623 Blue River Rd in the heart of Blue River, just minutes from downtown Breckenridge. This rare lot backs to a protected wetlands area frequented by moose and offers unobstructed views of iconic Quandary Peak and connecting mountain ranges. With Blue River Trail that leads directly to town from your front door and private access to Goose Pasture Tarn for fishing, paddleboarding, or relaxing lakeside, it's an ideal setting for year-round adventure and serene mountain living. The gently sloped, wooded terrain provides a private and picturesque site for your future retreat. Whether you're dreaming of a cozy cabin or a luxury getaway, this property offers privacy, nature, recreation, and proximity to all that Breckenridge has to offer-truly a rare opportunity to own a slice of Colorado paradise.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017