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Ely 89301
1294 Avenue C
$132,500
● House - Off Market

1294 Avenue C

Ely, NV 89301
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,470 Ft²
$754
Est. Monthly
16.58%
Cap Rate

About This Property

This cozy 3-bedroom, 2-full bath, one-story home offers a warm, inviting atmosphere with spacious living areas. Perfect for easy, comfortable living. A must-see!
Unit Size
1,470 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$94
Property Type
House
Property Taxes
$79
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (GLVAR #2659894)

Price History

Date / Event Date Event Price
Jul 7, 2025 Sold
Premium
Sold
Jun 12, 2025 In contract -
In contract
May 6, 2025 Price Decreased $137,500
↓ $10K (6.8%)
Price Decreased
Apr 5, 2025 Price Decreased $147,500
↓ $10K (6.4%)
Price Decreased
Apr 2, 2025 Relisted $157,500
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Total Building Area: 1,470
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELY CITY TOWNSITE
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 200
  • Legal Description 1: LOTS 16, 17, AND 18 BLOCK 21 ELY CITY TOWNSITE

Neighborhood

  • School District Name: White Pine County School District
  • Census Tract: 970300

Geography

  • Account Number: 002-029-07
  • Parcel: 002-029-07
  • Block: 21
  • Lot: 16-17
  • Meridian: SEC 15 TWN 16N RNG 63E
  • Municipality: EAST ELY
  • Latitude: 39.2588
  • Longitude: -114.865

    Address

  • Full Address: 1294 Avenue C
  • Address - House Number: 1294
  • Address - Street Name: Avenue C
  • State: NV
  • City Name: Ely
  • Carrier Code: C002
  • 4-Digit Zip Code: 2332
  • Zip Code: 89301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $87,778
  • Tax Rate Code Area: 015:EAST E

    Appraisal Valuation

  • Standard Deviation: 0.1471
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 82
  • Final Value: 240,564
  • High Value: 275,958
  • Low Value: 205,171

    Market Valuation

  • Market Total Value: $67,158
  • Market Land Value: $14,800
  • Market Improvement Value: $52,358

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,505
  • Assessed Land Value: $5,180
  • Assessed Improvements Value: $18,325

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: May 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 392414
  • Previous Sale Recording Date: Dec 15, 2006
  • Previous Sale Contract Date: Dec 04, 2006
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ely

Stats & Trends

Median Asking:

$251,250

Sale Price/ft²

$166

Below Asking

0.03%

Average Days on Market

79

Average Home Size

1921 ft²

Average Home Age

80.3 years

Currently For Sale

20 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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GLVAR

Listed by: Christopher Lawrence
Trillionaire Realty
Last Updated: 2 years ago
Data Source: GLVAR MLS , MLS# 2659894
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1294 Avenue C built and last sold?
The property at 1294 Avenue C was built in 1954 and last sold on Apr 20, 2022 for $230,000.
How much is this home worth?
The estimated value of the home located at 1294 Avenue C is $143,885.
What are some comparable homes to 1294 Avenue C?
There are currently no comparable homes to 1294 Avenue C.
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