$350,000 $450,000 ↓ $100,000 reduced Active
1240-1250 Farm District Road
Fernley, NV 89408

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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 2449

Property History

Feb 07, 2020
Listed for sale
$450,000
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
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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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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

$1,884 per month
Principal & interest
$1,770/mo
Property taxes
$114/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% ($70,000)
Home price
$350,000
Loan details
30-yr fixed, 6.5%
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