1284 Thompson St
About This Property
Discover comfortable country living just outside Limon's city limits in this beautifully updated 5-bedroom, 2-bathroom home. Enjoy the freedom of nearly one acre, where livestock is welcome and wide-open skies stretch for miles. The natural backwoods encourage adventure and discovery.
The original home was built in 1918, with thoughtful additions and improvements made through the years to provide a welcoming place for multiple generations. This home has raised several families-and yours could be next.
Recent upgrades include all new windows, roof, and professional foundation work. The updated bathrooms blend modern comfort with classic charm, while a free-standing wood-burning stove creates cozy warmth on cool Colorado evenings.
A double-deep two-car garage easily fits up to four vehicles, complemented by a storage shed, water softener, and reverse osmosis drinking water system for extra convenience.
This property offers the perfect balance of country serenity and small-town convenience-just minutes from Limon's schools, shops, and services. Just over one hour drive to Colorado Springs, Denver, Rocky Ford, Brush, and Burlington. Bring your animals, your projects, and your dreams-this property is ready to welcome them all!
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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 |
|---|---|---|---|
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Relisted | $325,000 | |
| Relisted | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by Rural American Realty | $325,000 | |
| Listed by Rural American Realty | |||
| Aug 1, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017