$700,000
Active
1075 Browne Lane
Fernley, NV 89408
STR Status Unknown
About This Property
Great property in the path of development located at the North end of Browne Lane and Clover Lane off Farm District Road. Old Alfalfa in three different fields, flood irrigated, 15.70 acre feet of Truckee Carson Irrigation District water rights are being sold with the property., Property borders to the North Donner Trails Estates phase 12
Listed by Larry Barnes — Ferrari-Lund Real Estate Reno
Listing Details
Status
Active
MLS #
180007165
Days on Market
2933
Property History
May 25, 2018
Listed for sale
$700,000
Property Overview
Lot Size
6.18 acres
Property Type
Land
APN
021-331-25
Exterior & Lot
Lot Features
Level, Corners Marked
View
Mountain(s)
Financial
Annual Tax
$948
Schools
Elementary School
East Valley
Middle School
Silverland
High School
Fernley
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% ($140,000)
Home price
$700,000
Loan details
30-yr fixed, 6.5%
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Or call directly: 530.613.5207
