815 2nd St
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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 |
|---|---|---|---|
| Sep 23, 2026 | Listed | $350,000 | |
| Listed | |||
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Jul 10, 2020 | Listed by Gordon Real Estate Group | $170,000 | |
| Listed by Gordon Real Estate Group | |||
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Commercial Building for sale located right next to the heart of downtown Limon, CO. This 2500 sq. ft. building has both large and small rooms, x-ray room, storage rooms, waiting room and well as a receptionist office and a full kitchen with washer and dryer hookups. It also has two bathrooms. Parking is accessible on the north side of building along 2nd street and also along the east side of the building along D Ave. Zoned CBD – According to the Town of Limon Land Development Code –“this zone district is designed to accommodate a wide variety of commercial activities including businesses, housing where appropriate, the municipal center and parking. The CBD zone will serve as the primary commercial core of the Town, have overall design integration, and be pedestrian oriented, resulting in the intensive and attractive use of the Town's downtown area.” This building has served as a former chiropractor’s office and additional commercial storage. It is currently vacant. Call to schedule a showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017