$429,900
Active
700 Valmy Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
2.0
Baths
·
1,442
Sq Ft
About This Property
Nearly new and priced to sell! Open floorplan, nicely appointed, fully landscaped backyard with huge patio! Great views and open space/common area behind for more privacy. Easy freeway access and easy to show! Fridge, washer and dryer are also included!
Listed by Dan Berg — Sierra Nevada Properties-Reno
Listing Details
Status
Active
MLS #
260005876
Price/Sq Ft
$298
Property History
May 11, 2026
Listed for sale
$429,900
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,442
Lot Size
0.10 acres
Stories
1
Year Built
2021
Property Type
Single Family Residence
Subdivision
North Valley Estates Unit 2
APN
568-181-01
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Attached, Garage, Garage Door Opener
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Common Area, Landscaped, Sprinklers In Front
View
Desert, Mountain(s), Trees/Woods
Construction
Stucco
Roof
Composition, Pitched, Shingle
Foundation
Slab
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$3,250
HOA Fee
$35 / Monthly
HOA / Community
NV Flats HOA
Schools
Elementary School
Lemmon Valley
Middle School
OBrien
High School
North Valleys
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% ($85,980)
Home price
$429,900
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
