$129,000
Active
1940 4th Street #56
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.0
Baths
·
841
Sq Ft
About This Property
Move in ready corner unit with newer energy efficient double pane vinyl windows and detached garage. Enjoy the updated bathroom and kitchen with quartz countertops. HOA fees include water, garbage, taxes, and sewer. 55+ owner occupied community in a co-op. Agents see private remarks!
Listed by Wendy McPhail — Dickson Realty - Caughlin
Listing Details
Status
Active
MLS #
260009559
Days on Market
1
Price/Sq Ft
$153
Property History
Jul 24, 2026
Listed for sale
$129,000
Property Overview
Beds
2
Baths
1.0
Sq. Ft.
841
Stories
2
Year Built
1960
Property Type
StockCooperative
STR Jurisdiction
Washoe County
APN
028-321-01
Parking
Garage Spaces
1
Total Parking
1
Parking Features
Detached, Garage, Garage Door Opener
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Level
View
Trees/Woods
Construction
Asbestos, Brick
Roof
Composition, Pitched, Shingle
Foundation
Slab
Utilities & Systems
Heating
Electric
Cooling
Wall/Window Unit(s)
Financial
HOA Fee
$525 / Monthly
HOA / Community
Lynwood Arms Co-Op
Schools
Elementary School
Greenbrae
Middle School
Dilworth
High School
Sparks
HOA & Community
Community Amenities
Landscaping
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% ($25,800)
Home price
$129,000
Loan details
30-yr fixed, 6.5%
