$625,000 Active Under Contract

11640 Verazae Drive

Reno, NV 89521

This home is under contract. See 6 similar homes for sale in and around Reno ↓

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STR Status Unknown

4 Beds

2.5 Baths

1,972 Sq Ft

Virtual Tour

Our data on this home

Home insurance $2,800 – $4,100/yr Standard homeowners policy

About This Property

2013 build home in a highly desirable neighborhood close to Mt Rose Highway and all the recreational opportunities the Sierras hold. The 2 car garage has room for all the toys, and the 4 bedrooms and bonus loft provide a lot of flexibility. The great room opens onto a huge stamped concrete patio. With a little TLC, this home could be the star of the neighborhood again.

Listed by Samuel Olson — RE/MAX Professionals-Reno

Listing Details

Status Active Under Contract

MLS # 260012667

Days on Market 16

Price/Sq Ft $317

Property History

Oct 02, 2026

Listed for sale

$625,000

Oct 09, 2026

Pending

$625,000

Property Overview

Beds 4

Baths 2.5

Sq. Ft. 1,972

Lot Size 0.14 acres

Stories 2

Year Built 2013

Property Type Single Family Residence

Subdivision G. Curti Ranch - Unit 5

APN 143-013-01

Parking

Garage Spaces 2

Total Parking 2

Parking Features Attached, Garage

Attached Garage Yes

Exterior & Lot

Exterior Features Rain Gutters

Lot Features Corner Lot

Construction Stucco

Roof Pitched, Tile

Foundation Slab

Utilities & Systems

Heating Forced Air, Natural Gas

Cooling Central Air

Financial

Annual Tax $3,061

HOA Fee $60 / Quarterly

HOA / Community Curti and Caramella Ranch

Schools

Elementary School Brown

Middle School Depoali

High School Damonte

HOA & Community

Community Amenities None

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STR Investment Analysis

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

STR Investment Analysis

STR analysis

STRUCTURAL SCORE —

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PROJECTED GROSS ANNUAL REVENUE

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Avg Nightly

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Occupancy

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Cap Rate

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STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Home Insurance Estimate

Standard homeowners policy for this home

$2,800 – $4,100/yr

about $288/mo

Est. Rebuild Cost (Coverage A)

$828,240

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

$3,718 per month

Principal & interest

$3,160/mo

Property taxes

$255/mo

The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.

HOA dues

$15/mo

From MLS listing data.

Home insurance

$288/mo

Estimated ~$2,800–$4,100/yr — get a local broker quote for accuracy.

Down payment

20% ($125,000)

Home price

$625,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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