$645,000 Active
807 Alder Avenue #49
Incline Village, NV 89451
✗ STR Not Allowed
Washoe County has no STR permit caps, but All Seasons HOA does not allow short-term rentals.
2 Beds
·
2.0 Baths
·
898 Sq Ft

About This Property

Currently vacant and easy to show. For sale during long term renter that made showings difficult. Fully upgraded mountain home located in the heart of Incline Village. 2 bed, 2 full bath. Kitchen and both baths remodeled with granite and oak cabinets. Tile floors have controlled heating. Wood burning fireplace/stove. Separate entryways from outside allow for dual occupancy. 2 private, covered decks. Walkable to the lake, and most of the heart of Incline Village. HOA grants access to INGVID which gives special pricing to Incline residents to Diamond Peak Ski Area, and nearby golf courses. Property also grants access to Incline Village private beach, swimming pool, sports courts, and rec/fitness house. Furniture and appliances can be available to make this a turn-key home, or investment property. STR's are allowed in this community.

Listed by Garrett Lofstedt — Haute Properties NV

Listing Details

Status Active
MLS # 240010382
Days on Market 634
Price/Sq Ft $718

Property History

Aug 15, 2024
Listed for sale
$645,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 898
Lot Size 0.02 acres
Stories 1
Year Built 1978
Property Type Condominium
Subdivision Woodstock 2
County Washoe
STR Jurisdiction Washoe County
APN 132-051-17
Parking
Total Parking 2
Parking Features Additional Parking
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Landscaped, Wooded
View Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Electric, Fireplace(s), Hot Water, Radiant Floor
Cooling Electric
Financial
Annual Tax $1,682
HOA Fee $795 / Monthly
HOA / Community Associa Sierra North
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Fitness Center, Golf Course, Landscaping, Nordic Trails, Parking, Pool, Racquetball, Shuttle Service, Ski Accessible, Spa/Hot Tub, Tennis Court(s), Clubhouse/Recreation Room
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

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%

STR Investment Summary — 807 Alder Avenue #49, Incline Village

Est. Annual Revenue
$31,849
Avg Nightly Rate
$262
Projected Occupancy
32.9%
Cap Rate
2.0%
Structural Score: 55 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($129,000)
Home price
$645,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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