Furnished Duplex with Mountain
For Sale
$1,775,000
50 Cooney Court, Blue River, CO 80424
Residential, BLUE RIVER, CO
Property Size3,629 SF
Lot Size0.96 Acres
Price / SF$489.12
Days on Market72
Property Features for 50 Cooney Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
5
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 5, Bathroom 1, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2
Pets allowed
Yes
Interior features
Five Piece Bath, Granite Counters, High Ceilings, Open Floorplan, Primary Suite, Private Bathrooms, Sound System, Spa/Hot Tub, T&G Ceilings, Vaulted Ceiling(s), Wet Bar
Fireplace
1
Appliances
Dishwasher, Disposal, Microwave / Hood Combo, Range Electric, Refrigerator, Washer / Dryer, Wine Cooler, Convection Oven
Subdivision
TIMBER CREEK ESTATES
Lot features
Cul-De-Sac
View
Mountains
Standard status
Active
APN
6514153
Size
3,629 SF
Lot size
0.96 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8295
Utilities
Heating system
Radiant
Building Details
Year built
2007
Flooring type
Tile, Carpet - Full, Wood
Roof type
Asphalt
Listing Agency:
Keller Williams Top Of Rockies · Keller Williams Realty
(970) 368-7000
Listed By:
Anne Skinner · License #100051210
(970) 389-6987
Added: Jun 19
Changed: Aug 28
Last Checked: Aug 29 at 12:06AM
MLS# S1069721
Copyright © 2026 Altitude REALTORS ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This furnished duplex offers 3,629 square feet of mountain-oriented interior space in Blue River. The residence includes two living rooms, an open floorplan, vaulted and tongue-and-groove ceilings, wide-plank wood flooring, granite counters, alder cabinetry, a wet bar, and a floor-to-ceiling stacked-stone fireplace. Radiant heat, a spa/hot tub, private bathrooms, and a sound system add to the interior and recreational features. The property was built in 2007 and sits on 0.961 acres among the pines. Breckenridge is approximately 10 minutes away, while Goose Pasture Tarn and nearby trails provide additional surrounding amenities. The property is located at 50 Cooney Court in Blue River, Colorado.
Key Highlights
- 3,629‑square‑foot furnished mountain property
- Set on 0.961 acres among the pines
- Floor‑to‑ceiling stacked‑stone fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,495
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,209,900
$1.2M
Cap Rate 7%
$864,214
$864.2K
Cap Rate 9%
$672,167
$672.2K
Market Conditions
NOI Build-Up for 3,629 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$91.5K $25.20/SF
− Vacancy
−$5.0K −$1.39/SF
EGI
$86.4K $23.81/SF
− OpEx
−$25.9K −$7.14/SF
NOI
$60.5K $16.67/SF
Area
Summit County, CO
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,209,900
Cap Rate 7%
$864,214
Cap Rate 9%
$672,167
Alternative Uses
Best Use
Multifamily LT 5
$864.2K
$756.2K – $1.01M
NOI $60,495 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$798.1K
$698.3K – $931.1K
NOI $55,864 @ 7.0% cap · market cap 3.15%
Theoretical Best
Warehouse
$72.23M
$63.20M – $84.27M
NOI $5,056,159 @ 7.0% cap · market cap 284.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 80424, CO
10,474
Population
11,886
Households
0.9
Avg Household Size
38
Median Age
55%
College-Educated
94%
High-School Grad
125.9 sq mi
ZIP Area
83
Density / Sq Mi
$109,497
Median Household Income
$49,958
Median Earnings
$2,029
Median Rent
$970,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Furnished mountain property with multiple living areas, high ceilings, and access to nearby trails and Goose Pasture Tarn.
Where is this duplex located?
The property is located at 50 Cooney Court Blue River, CO.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: 3,629‑square‑foot furnished mountain property; Set on 0.961 acres among the pines; Floor‑to‑ceiling stacked‑stone fireplace
