650 E Browder Circle
About This Property
With electricity and city water already on-site, and a functional septic system in place, this lot is primed for your dream home or investment project. The peaceful setting, coupled with the proximity to the heart of Reno, ensures the best of both worlds-privacy, nature, and city conveniences just minutes away.
Whether you're envisioning a private retreat or a place to build a family home, this lot offers endless possibilities in a sought-after location. Don't miss your chance to own a piece of Reno's vibrant community with this exceptional property!
No Mobile homes allowed per City of Reno. Must follow City of Reno SF1 building guidelines.
Plat in Transaction desk, survey pending.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2025 | Sold | ||
| Sold | |||
| Mar 30, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Listed by Trinity Group Realty | $75,000 | |
| Listed by Trinity Group Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017