$360,000 Active Under Contract
550 J Street
Sparks, NV 89431
STR Status Unknown
3 Beds
·
1.0 Baths
·
900 Sq Ft

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About This Property

Great Sparks Opportunity ~ 3 bedrooms, 1 bath, 1-car garage home with original hardwood flooring. This home is on a large lot and is centrally located! There is a large storage shed in the back as well.

Listed by Kathleen Knuf Felte — Opal Real Estate Advisors

Listing Details

Status Active Under Contract
MLS # 260011342
Days on Market 43
Price/Sq Ft $400

Property History

Sep 01, 2026
Listed for sale
$360,000
Oct 01, 2026
Pending
$360,000
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 900
Lot Size 0.15 acres
Stories 1
Year Built 1951
Property Type Single Family Residence
Subdivision Green Brae Terrace 2
APN 033-062-29
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level, Sprinklers In Front, Sprinklers In Rear
Construction Asbestos
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Evaporative Cooling
Financial
Annual Tax $591
Schools
Elementary School Greenbrae
Middle School Dilworth
High School Sparks
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$1,300 – $1,900/yr
about $133/mo
Est. Rebuild Cost (Coverage A)
$378,000

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
$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

$2,002 per month
Principal & interest
$1,820/mo
Property taxes
$49/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$133/mo
Estimated ~$1,300–$1,900/yr — get a local broker quote for accuracy.
Down payment
20% ($72,000)
Home price
$360,000
Loan details
30-yr fixed, 6.5%
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