$18,500 Active
APN. 07-0298-05 Red House
Golconda, NV 89414
STR Status Unknown

About This Property

Own a part of the wild west where you can build your dream home or personal getaway. Easy access to vast public lands and wildlife to explore and enjoy. No developed road accessing property. Legal access unknown. Approximate coordinates per accessor GIS mapping program are NW corner 41°01'32"N 117°11'47"W, NE corner 41°01'32"N 117°11'31"W, SW corner 41°01'20"N 117°11'48"W, SE corner 41°01'21"N 117°11'32"W (Survey required to determine exact coordinates and boundaries.), Buyer responsible for determining exact boundaries to their satisfaction. Neither the seller nor the real estate broker(s) and/or agent(s) make any warranty as to the quantity or quality of the underground water source. Any mineral rights possessed by seller shall transfer to buyer as part of sale.

Listed by Michael Andrews — RE/MAX Great Basin Realty

Listing Details

Status Active
MLS # 240011113
Days on Market 644

Property History

Aug 30, 2024
Listed for sale
$18,500
Property Overview
Lot Size 40.00 acres
Property Type Land
APN 07-0298-05
Exterior & Lot
Lot Features Open Lot, Desert
View Desert, Mountain(s)
Financial
Annual Tax $58
Schools
Elementary School Winnemucca Grammar
Middle School French Ford Middle School
High School Albert Lowry High School
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STR Investment Analysis

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

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% ($3,700)
Home price
$18,500
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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