$350,000
Active
1240-1250 Farm District Road
Fernley, NV 89408
STR Status Unknown
About This Property
These combined parcels (021-311-21 and 021-311-22), one with over 11 AF of water rights, are conveniently located - close enough to schools and local shopping and far enough away to enjoy the peace and quiet! A great spot for a dream home...with plenty of "buffer" room from the neighboring properties. About 30 minutes from the Truckee Reno Industrial Center and less than that to the Victory Logistics District! Build your private estate, or ranch-style home with room for barns, shop, and privacy! Ready to change your address?
Listed by Ellen Tudor — Coldwell Banker Select Fernley
Listing Details
Status
Active
MLS #
200001533
Days on Market
2310
Property History
Feb 07, 2020
Listed for sale
$350,000
Property Overview
Lot Size
8.28 acres
Property Type
Land
APN
021-311-21
Exterior & Lot
Lot Features
Level, Open Lot, Corners Marked
View
Mountain(s)
Financial
Annual Tax
$1,371
Schools
Elementary School
Cottonwood
Middle School
Silverland
High School
Fernley
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED ANNUAL REVENUE
$142,500
($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%
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
$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($70,000)
Home price
$350,000
Loan details
30-yr fixed, 6.5%
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Or call directly: 530.613.5207
