$1,490,000
Active
1000 Micro Avenue
Silver Springs, NV 89429
STR Status Unknown
About This Property
227.25 Acres of Land with Flat and some Hills, bur with great Aggregate rock off west side with gate. It is an easy show, with two access roads right off Hwy 50. It's about a 6 minute drive to the new round-about and less to the airport.
Listed by Claudia Townsend — Towns End Real Estate
Listing Details
Status
Active
MLS #
220001175
Days on Market
1584
Property History
Feb 02, 2022
Listed for sale
$1,490,000
Property Overview
Lot Size
227.45 acres
Property Type
Land
APN
015-521-24
Exterior & Lot
Lot Features
Level, Open Lot, Rolling Slope
View
Mountain(s), Valley
Financial
Annual Tax
$498
Schools
Elementary School
Silver Springs
Middle School
Silver Stage (Lyon)
High School
Silver Springs
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% ($298,000)
Home price
$1,490,000
Loan details
30-yr fixed, 6.5%
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