$594,000 Active
0 Pah Rah Springs Road
Reno, NV 89510
STR Status Unknown

About This Property

This large historical property is a slice of heaven in Palomino Valley. It's a beautiful piece of land that has to be walked to really appreciate it, with a year round creek, wild raspberries, an Aspen tree meadow, hills covered with wild-flowers. This property also comes with recorded water rights! Privacy, fabulous view and water are in abundance., Dirt road up to property together with waste management services, school bus stop, electricity and mail box cluster close to property.

Listed by Alisa Hoppe — CalNeva Realty

Listing Details

Status Active
MLS # 240007324
Days on Market 721

Property History

Jun 14, 2024
Listed for sale
$594,000
Property Overview
Lot Size 216.59 acres
Property Type Land
APN 077-470-05
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Gentle Sloping, Open Lot, Rolling Slope, Sloped Up, Corners Marked
View Meadow, Mountain(s), Trees/Woods, Valley
Financial
Annual Tax $323
Schools
Elementary School Taylor
Middle School Shaw Middle School
High School Spanish Springs
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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% ($118,800)
Home price
$594,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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