$249,900 Active
602 Pine Meadows Drive #APT 1
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
·
780 Sq Ft

About This Property

This Ground floor single level Wiliamsburg Condo is located in central Sparks, close to shopping, restaurants, and other amenities. Unit features 2 bedrooms, 1 full bathroom, hardwood flooring, dishwasher, air-conditioning unit, and 1 car shared garage space with extra storage area.

Listed by Angeles Wanco — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 260010385
Price/Sq Ft $320

Property History

Aug 12, 2026
Listed for sale
$249,900
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 780
Stories 1
Year Built 1972
Property Type Condominium
Subdivision Williamsburg Apartment Homes 1
STR Jurisdiction Washoe County
APN 033-321-57
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level, Sprinklers In Front
Construction Brick
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Electric
Cooling Electric, Wall/Window Unit(s)
Financial
Annual Tax $551
HOA Fee $173 / Monthly
HOA / Community Reno Property Management
Schools
Elementary School Lincoln Park
Middle School Dilworth
High School Sparks
HOA & Community
Community Amenities Landscaping
📊

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% ($49,980)
Home price
$249,900
Loan details
30-yr fixed, 6.5%
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