$573,000 Active
113-123 Sario Drive
Fernley, NV 89408

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STR Status Unknown

About This Property

Purchase price includes all 6 lots, each perfectly suited for building executive homes. All utilities and including water rights dedicated to the city of Fernley. With growing demand for housing in the area, now is the perfect time to invest in development projects and capitalize on the current market trends. Don't let this opportunity slip away. Contact me for more information or to schedule a showing.

Listed by Erika Cutler — Skyline Realty, Inc.

Listing Details

Status Active
MLS # 240002194
Days on Market 961

Property History

Mar 05, 2024
Listed for sale
$95,500
Property Overview
Lot Size 0.30 acres
Property Type Land
Subdivision Fernley Hills Ph 1
APN 020-622-01
Exterior & Lot
Lot Features Level, Open Lot, Corners Marked, Curbs
Financial
Annual Tax $672
Schools
Elementary School Fernley
Middle School Silverland
High School Fernley
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Occupancy
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Cap Rate
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Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$2,953 per month
Principal & interest
$2,897/mo
Property taxes
$56/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($114,600)
Home price
$573,000
Loan details
30-yr fixed, 6.5%
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