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Property Details
| Status | Active |
|---|---|
| MLS # | 1018073 |
| Taxes | $1,166 / year |
| Type | Condo/Apartment |
| Year Built | 1965 |
| Lot Size | 0.001 AC / 43.56 SF |
| County | Washoe County |
About
Turnkey Incline Village condo with modern updates and all the Tahoe convenience. Perfect for remote workers, featuring walking trails next door, abundant natural light, and a private deck off the living room for work or relaxation. Centrally located, low-maintenance living with water, sewer, trash, landscaping, and snow removal all included in the HOA. Updated kitchen and bathrooms. Assigned 2-car carport keeps your vehicles covered year-round, and the large private locking storage shed is ideal for skis, bikes, and all your Tahoe gear. Walking and biking trails are right out your front door, minutes from Incline’s private beaches, Diamond Peak Ski Resort, and only 15 minutes to the backcountry for skiing or backpacking. With modern updates, short-term rentals are allowed for extra cash flow income potential, bonus depreciation, ample storage, covered parking, and a prime Incline Village location. Live, vacation, remote work, this place can do it all.
Listing Agent
Every home is an investment, here are the numbers on this home.
$1,982/mo
Address Income
This is the propertie's net monthly income after collected rents and expenses, known and estimated.
3.75%
Annual Return (Cap Rate)
The Capitilization Rate or "Cap Rate" is the Net Operating Income divided by the Purchase Price.
$2,987/mo
Monthly Payment (PITI)
This is the estimated monthly cost of financing the property, including principal, interest, property taxes, and insurance.
7.1% apr
Interest Rate
This is the annual percentage rate (APR) on the loan, which includes the interest rate plus any lender fees.
Investment Analysis
Download a full Multifamily Investment Property Analysis (MIPA)
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