5575 Chocolate Dr Sun Valley, NV 89433

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3 beds · 2 baths · 1,368 sq ft · Lot Size: 14,375 sq ft · Single Family Home
Est. Property Value: $307,488

High Demand Long-Term RentalValued below Market MedianLarge Lot AdvantageOwned for 5 - 10 YearsOwner Age 65 - 75

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5575 Chocolate Dr is in the 89433 neighborhood of Sun Valley, NV. It is located in Washoe County and ZIP code 89433. This Single Family Home was built in 1971 and is approximately 54 years old. The single family home spans 1368 sq ft with 3 bedrooms and 2 bathrooms and sits on a 14375 sq ft lot. According to public records, it was last sold in 2016 for $119,000 and has a tax-assessed value of $145,288, which is $225 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 5575 Chocolate Dr Sun Valley, NV 89433 with Property Intel by Whitepages.

Investment Potential for 5575 Chocolate Dr

The property has a current estimated value of $307,488, which is 18% below the zip median, based on public records. It last sold on August 05, 2016 for $119K. Projected long-term
is $24,600 annually ($2,050 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$24,600 per year($2,050 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
93%in 89433 zip code
 
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Owners & Occupancy for 5575 Chocolate Dr

This property is owned by Luz De Calles. Owner contact information includes 8 phone numbers and 4 email addresses.

Property Owners

Cell Phone(310) ***-****View Cell Phone
Residence********
Landline(310) 636-1480
Distance from Property**********
Email Address************@gmail.comView Email
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Property Ownership Information

Purchase DateAugust 05, 2016
Property Tax Amount$532 in 2024
Purchase Price$119,000

Occupancy

Resident 1****************
Resident 2******************** age 45

Property Details for 5575 Chocolate Dr

Property Details

Property Sq Ft

Living Area

1,368 sq ft

0% above market

Lot Size

14,375 sq ft

9% above market

Price Per Sq Ft

Living Area

$225 / sq ft

14% below market

Lot Size Area

$21 / sq ft

25% below market

Property condition, age, exterior, etc. for 5575 Choco…
Longitude: -119.789501 Latitude: 39.594949 Parcel Number (APN): 085-203-06…

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Market Benchmarks

Compare data for 5575 Chocolate Dr in Washoe County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$307,488
$416,249
-$108,761 (-26%)
$******
$462,970
-$111,813 (-24%)
YoY Price Change
****%
1.59%
-188%
Year Built
1971
1999
-28 years
Living Space
1,368 sq ft
1,644 sq ft
-276 (-17%)
$ Per Living Sq Ft
$225
$260
-$35 (-13%)
Lot Size
14,375 sq ft
6,098 sq ft
8277 (136%)
$ Per Lot Sq Ft
$21
$74
-$53 (-71%)

Net Operating Income
$*****
$18,370
$169 (1%)
Annual Revenue
$24,600
$27,000
-$2,400 (-9%)
$****
$8,654
-$2,593 (-30%)
Net Operating Income
$*****
$18,370
$169 (1%)
Cap Rate
****%
4.43%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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