$949,000
931 Incline Way #249
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Incline Way unit Owners HOA allows short-term rentals.
2 Beds
·
2.0 Baths
·
1,111 Sq Ft
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About This Property

This beautifully located upstairs two bedroom condominium is exellently priced and situated in a cluster close to Incline's Recreation Center, Restaurants, Starbucks, Shopping, Tennis Courts and Incline's Beaches. This Tahoe Retreat is nicely furnished and move in ready with new custom laminate flooring, an upgraded kitchen with oversized stainless steel sink and new fixtures. There are 2 shiny clean baths, and a cozy living room with fireplace, high ceilings and access to a private peaceful deck that overlooks lush green landscaping, open space and nicely treed greenbelted areas. Situated near the spa and sauna area it is welcoming both winter and summer. There is a spacious one car garage in good proximity to the condominium. McCloud garages are assigned to owners and may be modified on the interior. Garage doors are the responsibility of the owners.

Listed by Ina Haupt — Premier Properties Lake Tahoe

Listing Details

Status Active
MLS # 1015685
Days on Market 556
Price/Sq Ft $854

Property History

Aug 23, 2024
Listed for sale
$949,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,111
Year Built 1989
Property Type Condominium
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 12707826
Parking
Garage Spaces 1
Parking Features Detached,Garage,One Car Garage,Off Street,Outside,Permit Required,Public,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Sprinkler/Irrigation,Landscaping
Lot Features Acreage,Corner Lot,Backs to Greenbelt/Park,Wooded,Level
View Mountain(s),Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Baseboard,Gas,Hot Water
Financial
Annual Tax $5,343
HOA Fee $1,123 / Monthly
HOA / Community IPM
HOA & Community
Community Amenities Sauna,Spa/Hot Tub
📊

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 — 931 Incline Way #249, Incline Village

Est. Annual Revenue
$41,346
Avg Nightly Rate
$313
Projected Occupancy
36.2%
Cap Rate
1.7%
Structural Score: 68 / 100 (Premium) · STR Zone: Yellow

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% ($189,800)
Home price
$949,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
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License #CA 02235314
Email 9166671444

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