$1,495
Active
999 Novelly Drive
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.5
Baths
·
1,100
Sq Ft
About This Property
2 bedroom, 1.5 baths, 1 car garage. Home has beautiful hardwood floors and is in a perfect northwest Reno location. Private large backyard in a parklike setting. Available June 15th $1495 rent. $1500 deposit doc
Listed by Jennifer McCarthy — Nevada's Best
Listing Details
Status
Active
MLS #
260006647
Price/Sq Ft
$1
Property History
May 25, 2026
Listed for sale
$1,495
Property Overview
Beds
2
Baths
1.5
Sq. Ft.
1,100
Lot Size
0.20 acres
Stories
1
Year Built
1947
Property Type
Single Family Residence
Subdivision
Cleaview Heights
APN
006-075-05
Parking
Garage Spaces
1
Total Parking
2
Parking Features
Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
Rain Gutters
Lot Features
Landscaped, Rolling Slope, Sprinklers In Front, Sprinklers In Rear
Pool & Spa
Pool
No
Utilities & Systems
Heating
Forced Air, Oil
Schools
Elementary School
Elmcrest
Middle School
Clayton
High School
Reno
HOA & Community
Community Amenities
None
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($299)
Home price
$1,495
Loan details
30-yr fixed, 6.5%
