$600,000 Active
629 Silver Charm Way #7
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
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About This Property

Rare corner lot available inside prestigious Rancharrah Village 5. Reno's newest and finest developments. Build your dream home and be close to all Reno restaurants, shopping, all season events and driving distance to great ski resorts and casinos. This location has it all.

Listed by Elizabeth Clark — Coldwell Banker Select Incline

Listing Details

Status Active
MLS # 240008300
Days on Market 702

Property History

Jul 03, 2024
Listed for sale
$600,000
Property Overview
Lot Size 0.33 acres
Property Type Land
Subdivision Rancharrah Village 5
STR Jurisdiction Washoe County
APN 226-091-07
Exterior & Lot
Lot Features Corner Lot, Level, Curbs
View Mountain(s), Trees/Woods
Financial
Annual Tax $6,588
HOA Fee $197 / Monthly
HOA / Community Associa
Schools
Elementary School Huffaker
Middle School Pine
High School Reno
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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%

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($120,000)
Home price
$600,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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Or call directly: 530.613.5207