$889,000
Active
939 Incline Way #195
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
About This Property
Lovely refurbished upper McCloud condo. Upper units feature a smart vaulted ceiling in the living room creating large open space. Enjoy sunny mornings on your private deck. Granite upgrades in kitchen and baths. Offered partially furnished. Small phase of only 32 units feautes a private spa. Easy walk to shopping, restaurants, casino and beach. Just a short drive to Diamond Peak Ski resort and ever increasing popularity to East Shore 3 mile walking path to Sand Harbor. McCloud's 8 total phases have always
Listed by Pamela Fernandez — Lakeshore Realty
Listing Details
Status
Active
MLS #
240008903
Days on Market
691
Price/Sq Ft
$800
Property History
Jun 15, 2024
Listed for sale
$889,000
Property Overview
Beds
2
Baths
2.0
Sq. Ft.
1,111
Lot Size
0.10 acres
Stories
1
Year Built
1990
Property Type
Condominium
Subdivision
Mccloud Condominiums
County
Washoe
STR Jurisdiction
Washoe County
APN
127-078-01
Parking
Garage Spaces
1
Total Parking
1
Parking Features
Assigned, Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View
Trees/Woods
Roof
Composition, Pitched, Shingle
Foundation
Full Perimeter
Utilities & Systems
Heating
Baseboard, Fireplace(s), Hot Water
Financial
Annual Tax
$5,409
HOA Fee
$1,123 / Monthly
HOA / Community
McCloud HOA
Schools
Elementary School
Incline
Middle School
Incline Village
High School
Incline Village
HOA & Community
Community Amenities
Landscaping, Maintenance Grounds, Sauna, Spa/Hot Tub
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 — 939 Incline Way #195, Incline Village
Est. Annual Revenue
$39,652
Avg Nightly Rate
$300
Projected Occupancy
36.2%
Cap Rate
1.8%
Structural Score: 56 / 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% ($177,800)
Home price
$889,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
