95254 Prospect Road
About This Property
ATVs. This is a really nice homesite located just 30 minutes from Reno, 20 minutes from Frenchman Lake, and one mile from a country store
/gas station. In a favored horse area with riding trails out the back gate there are large custom upscale houses across the road with horse
facilities. Manufactured homes are allowed. Underground utilities are in to property.
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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 |
|---|---|---|---|
| Aug 9, 2022 | No longer available | - | |
| No longer available | |||
| Jul 14, 2022 | In contract | - | |
| In contract | |||
| May 15, 2022 | Price Decreased |
$399,995
↓ $79K
(16.5%) | |
| Price Decreased | |||
| Feb 9, 2022 | Price Decreased |
$479,000
↓ $16K
(3.2%) | |
| Price Decreased | |||
| Jun 18, 2021 | Listed by MARGARET MARY GARNER, BROKER | $495,000 | |
| Listed by MARGARET MARY GARNER, BROKER | |||
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BRAND NEW 4 bedroom, 2 bath, 2016 sf Clayton Homes, Inc. modular on a full perimeter foundation with a large 2-car over sized detached garage. 5.05 acres. Panoramic sunset views of Sierra Valley. Short 25 mile commute to north Reno Lemmon Valley exit Home interior layout has an L-shaped living room with galley island kitchen tucked into the L-elbow. Kitchen island will allow 4 stool seating. Lots of room for picnic-sized dining table. Living Room has boots/coat closet/family command center closet. A flat screen built-in TV ledge for giant size TV. LR overlooks the incredible Sierra Valley. The private master bedroom is located on opposite end away from kids rooms and offers double sinks, large relaxing soaking bathtub, large walk-in shower, private toilet closet and a good sized walk-in closet. The other 3 bedrooms at other end of the house allow the master bedroom total privacy. Each of these 3 bedrooms is carpeted walk-in closets and share the hall bathroom which is divided into a tub/shower/toilet compartment and separate double sinks area. This is a really well laid out floor plan for any sized family group. All you need to do is add a deck out front and gravel the driveway. The five acre lot is sloped behind the house. Not a horse property. New well, septic tank, leach fields. Propane heat. 180 degree Sierra Valley views. Side lines are 580 feet up the hill. frontage along road and back line are 380 feet wide. The hill above would make for a great lookout! The manager has listed the unit size as 1944 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017