$315,000 $335,000 ↓ $20,000 reduced

601 12th Street

Sparks, NV 89431

This home was taken off the market. See 6 similar homes for sale in and around Sparks ↓

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STR Status Unknown

1 Beds

1.0 Baths

836 Sq Ft

Our data on this home

Home insurance $1,200 – $1,800/yr Standard homeowners policy

About This Property

Come check out this nice little home. It has tile floors though out the living space, updated electric and plumbing, an additional room that could be used as an office or small bedroom and personal paved parking that is fully fenced. It is fully landscaped around the house with large mature trees for shade and very low maintenance yard with most of it concrete patio or parking.

Listed by Timothy Beaupre — Dickson Realty - Damonte Ranch

Listing Details

Status Withdrawn

MLS # 260008464

Days on Market 112

Price/Sq Ft $377

Property History

Jul 02, 2026

Listed for sale

$335,000

Jul 18, 2026

Price reduced

$325,000 $335,000 ↓ $10,000

Aug 27, 2026

Price reduced

$315,000 $325,000 ↓ $10,000

Property Overview

Beds 1

Baths 1.0

Sq. Ft. 836

Lot Size 0.07 acres

Stories 1

Year Built 1920

Property Type Single Family Residence

Subdivision Prater Addition To Sparks

APN 032-081-04

Parking

Total Parking 2

Parking Features Parking Pad

Exterior & Lot

Exterior Features Rain Gutters

Lot Features Landscaped, Level

Construction Asbestos

Roof Composition

Foundation Crawl Space

Utilities & Systems

Heating Natural Gas

Cooling Evaporative Cooling

Financial

Annual Tax $450

Schools

Elementary School Mitchell

Middle School Sparks

High School Sparks

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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

$1,200 – $1,800/yr

about $125/mo

Est. Rebuild Cost (Coverage A)

$351,120

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

$1,756 per month

Principal & interest

$1,593/mo

Property taxes

$38/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

$125/mo

Estimated ~$1,200–$1,800/yr — get a local broker quote for accuracy.

Down payment

20% ($63,000)

Home price

$315,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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