$1,400,000
Active
1755 Coleman
Fallon, NV 89406
STR Status Unknown
2
Beds
·
1.0
Baths
·
1,296
Sq Ft
About This Property
This property is located close to a Planned subdivision and is offered as a possible subdivision property As there are water rights on this property it will be cost effective to include this in the planning. I am attaching the water rights from TCID and the approved planned subdivision information. More photos coming to this listing, The house has had a New roof installed, the house has been painted inside and will have the plumbing and flooring installed prior to close of escrow. The exterior property has been cleaned up, trees removed, trimmed and property cleared and hauled away at the expense of the owner and can continue prior to close of escrow. More information upon request
Listed by Leslie Beach — RE/MAX Connection
Listing Details
Status
Active
MLS #
240015389
Days on Market
507
Price/Sq Ft
$1,080
Property History
Dec 16, 2024
Listed for sale
$1,400,000
Property Overview
Beds
2
Baths
1.0
Sq. Ft.
1,296
Lot Size
16.50 acres
Stories
1
Year Built
1957
Property Type
Residential
APN
008-301-04
Parking
Garage Spaces
1
Attached Garage
Yes
Exterior & Lot
Lot Features
Sloped Down, Sloped Up
Construction
Frame, Stucco
Roof
Composition, Pitched, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Electric, Forced Air
Cooling
Electric
Financial
Annual Tax
$1,578
Schools
Elementary School
Lahontan
Middle School
Churchill
High School
Churchill
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% ($280,000)
Home price
$1,400,000
Loan details
30-yr fixed, 6.5%
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