$699,999 Active Under Contract
1677 Rio Vista Drive
Fallon, NV 89406
STR Status Unknown
5 Beds
·
3.0 Baths
·
3,171 Sq Ft

About This Property

COUNTRY LIVING!! Nice home in the country with river frontage and water rights. This home has 5 bedrooms and 3 baths. Part of the house has its own entrance with a kitchen, laundry hook up and bathroom as well as 2 of the bedrooms. The great room has beautiful vaulted wood ceilings with a large kitchen and big windows overlooking the field and river below. Outside you will find a shop, a large storage shed, dog pens, corrals and a round pen. Plenty of room for all of your toys, kids and animals., The shower in the extra kitchen area is roll in accessible and 2 of the 3 exterior entrances have entrance ramps. The main kitchen has a large island, double ovens, slide out shelves in the cabinets and tons of storage. This property also includes parcel #007-471-68 which is across the river and is 1.2 acres. The parcel that the house sits on is 6.16 acres for a total of 7.28 acres.

Listed by Mitzi Corkill — Berney Realty, LTD

Listing Details

Status Active Under Contract
MLS # 240010763
Days on Market 624
Price/Sq Ft $221

Property History

Aug 22, 2024
Listed for sale
$699,999
Current
Pending
$699,999
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 3,171
Lot Size 7.28 acres
Stories 1
Year Built 1982
Property Type Single Family Residence
APN 007-471-71
Parking
Parking Features None
Exterior & Lot
Exterior Features Dog Run
Lot Features Landscaped, Level, Sloped Down, Sprinklers In Front
View Trees/Woods
Construction Brick, Stucco
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Oil
Cooling Central Air
Financial
Annual Tax $3,184
Schools
Elementary School Fallon/Other
Middle School Churchill
High School Churchill
📊

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($140,000)
Home price
$699,999
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373