545 E Ave
About This Property
The foundation has recently been stabilized, giving buyers added peace of mind while preserving the home's original charm. With just a little touch-up paint and your personal vision, this property could truly shine again!
Located less than three blocks from award-winning Limon schools, this home also offers easy walking distance to downtown shopping, restaurants, groceries, the library, movie theater, museum, medical services, and more. Enjoy small-town living with Eastern Colorado sunsets, friendly neighbors, and convenient access to community amenities-all just over an hour from Colorado's Front Range.
Whether you're looking for a family home, investment opportunity, or a piece of Limon history to make your own, this property is full of potential and ready for its next chapter!
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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 |
|---|---|---|---|
| Sep 2, 2026 | Relisted | $110,413 | |
| Relisted | |||
| Jul 20, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Price Decreased |
$215,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| May 28, 2026 | Listed | $225,000 | |
| Listed | |||
| Feb 13, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017