1160 Immel St
About This Property
Discover the perfect blend of convenience and country living with this 6.85-acre property located adjacent to Limon. Boasting beautiful creek views and abundant wildlife, this peaceful and secluded setting offers endless possibilities.
The property is already equipped with town water and sewer service, plus two additional wells for flexibility. A newer 5-wire pasture fence makes it ready for livestock, while subdivision potential adds value for investors.
A basement foundation has been approved for a new home with a combined 2,900 square feet-an excellent head start on your dream build. Basement floor trusses and other building materials included. Whether you're looking for a family homestead or a smart investment, this property checks all the boxes.
Here you'll enjoy breathtaking sunrises, colorful sunsets, and wide-open starry nights-all just minutes from the conveniences of town. A true gem in Lincoln County!
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Cap Rate Calculator
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 27, 2026 | No longer available | - | |
| No longer available | |||
| Jul 22, 2026 | Price Decreased |
$230,000
↓ $6K
(2.3%) | |
| Price Decreased | |||
| May 26, 2026 | Price Decreased |
$235,500
↓ $7K
(2.7%) | |
| Price Decreased | |||
| Apr 30, 2026 | Price Decreased |
$242,000
↓ $8K
(3.2%) | |
| Price Decreased | |||
| Apr 20, 2026 | Price Decreased |
$250,000
↓ $5K
(2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017