$949,000
931 Incline Way #UNIT 249
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Incline Way unit Owners HOA allows short-term rentals.
2 Beds
·
2.0 Baths
·
1,111 Sq Ft
Virtual Tour

About This Property

This beautifully located, well priced, upstairs two bedroom condominium at McCloud is situated in a cluster close to Incline’s Recreation Center, the Bowling Alley, the Hyatt Regency Resort, Restaurants, Starbucks, Shopping and Incline Beaches. This Tahoe Retreat is nicely furnished and move in ready with new custom laminate flooring, an upgraded kitchen with oversized stainless-steel sink and new fixtures, two shiny clean baths, two bedrooms, and a cozy welcoming living room with fireplace., You will love the high ceilings and access to a private peaceful deck that overlooks lush green open space and green belted areas. Situated near the Spa area of the cluster it is welcoming both Winter and Summer. There is a spacious one car garage in good proximity to the Condominium. Garages are assigned to owners, and they can be modified on the interior. Garage Doors are the responsibility of the owner. McCloud is a well managed property with beautiful landscaping and careful attention to the property by the HOA. This property enjoys all of the advantages and privileges of Incline Village Home Ownership.

Listed by Ina Haupt — Premier Properties of Lk Tahoe

Listing Details

Status Active
MLS # 240010849
Days on Market 563
Price/Sq Ft $854

Property History

Aug 23, 2024
Listed for sale
$949,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,111
Stories 1
Year Built 1989
Property Type Condominium
Subdivision Mccloud Condominiums
APN 127-078-26
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Common Area, Gentle Sloping, Greenbelt, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Park/Greenbelt, Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Full Perimeter
Utilities & Systems
Heating Baseboard, Fireplace(s), Hot Water, Natural Gas
Financial
Annual Tax $5,343
HOA Fee $1,123 / Monthly
HOA / Community IPM
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Landscaping, Parking, Sauna, Spa/Hot Tub
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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%

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% ($189,800)
Home price
$949,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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