$600,000 Active Under Contract
0 Leon
Sun Valley, NV 89433
STR Status Unknown

About This Property

10 ACRE Parcel overlooking El Rancho Drive to the south. Above the recent newly-built condo/townhouse projects. Great development possibility. Zoning is MDS 44%, GR 56% Take advantage of the great asking price. Very close to new high school.

Listed by Kathie Cook — The House of Realty LLC

Listing Details

Status Active Under Contract
MLS # 210014777
Days on Market 1709

Property History

Sep 30, 2021
Listed for sale
$600,000
Current
Pending
$600,000
Property Overview
Lot Size 10.00 acres
Property Type Land
APN 035-023-07
Exterior & Lot
Lot Features Open Lot
View City, Mountain(s)
Financial
Annual Tax $556
Schools
Elementary School Sun Valley
Middle School Sparks
High School Hug
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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% ($120,000)
Home price
$600,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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