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$675,000

For Sale - Active
835 Market Crest Dr, Las Vegas, NV 89110
3 Beds
2 Baths
3,171 Square Feet
0.46 Acres Lot
Built in 1996
For Sale - Active
Units n/a
Checked: 10 hours ago
Updated: Jul 12, 2025 at 04:53AM

Investment Summary


Monthly Cash Flow
-$1,533
Cap Rate
3.0%
Cash-on-Cash Return
-11.8%
Debt Coverage Ratio
0.52
Internal Rate of Return (5 years)
-7.5%

Property Description


0.46 Acres Lot
Built in 1996
For Sale - Active
Units n/a

Welcome home to this gorgeous single level estate beautifully situated at the top of the valley boasting BREATHTAKING city, strip and mountains views. Not too many homes capture panoramic views of the entire valley, but this home is like no other! Complete with an expansive layout across 3,171 sq. ft., high ceilings and all the space you'll need. Offering a formal dining and living space, a den for in-home office and two-family rooms for entertaining. The kitchen is open and inviting with stainless steel built-in appliances, cooktop, and breakfast bar. Offering mature front and rear landscaping, stunning curb appeal, elongated driveway, a generous sized lot and a backyard complete with a extended covered patio, above ground spa, side sitting area, storage shed and access to the best views in the city. Additional features include finished garage w/ epoxy flooring, extra shelving and soft water system. This home is a must see!

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Location


Property Details


Parking

  • Description: Attached, FinishedGarage, Garage, GarageDoorOpener, Private, Storage
  • Details: Attached, Garage, Private
  • Garage Spaces: 3
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 10
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Material: Tile

HOA

  • Has HOA: Yes
  • Association: Clear View Estates
  • HOA Fee: $150/quarterly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 14026412027
  • Lot Size: 20038 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: OneStory
  • Year Built: 1996

Tax Information

  • Annual Tax: $3,481

Utilities

  • Water & Sewer: Public
  • Heating: Natural Gas, Central
  • Cooling: Ceiling Fan(s), Central Air, Electric

Location

  • County: Clark

Listing Details


Listed by:
Ashley Q. Tillman
Realty ONE Group, Inc
(702) 469-1203

Source:
Las Vegas REALTORS
MLS#: 2685723
Las Vegas REALTORS

Investment Summary


Monthly Cash Flow
-$1,533
Cap Rate
3.0%
Cash-on-Cash Return
-11.8%
Debt Coverage Ratio
0.52
Internal Rate of Return (5 years)
-7.5%

Purchase Details

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Purchase price:
$675,000
Amount financed:
-$540,000
Down payment:
$135,000
Closing costs:
$20,250
Rehab costs:
$0
Initial cash invested:
$155,250
Square feet:
3,171
Cost per square foot:
$213
Monthly rent per square foot:
$0.91

Financing Details

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Loan amount:
$540,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$3,194
Property tax:
$290
Insurance:
$203
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,687

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,900 $34,800
Vacancy loss: (6%)
6% -$174 -$2,088
Operating income:
$2,726 $32,712

Operating Expenses


% Rent Monthly Yearly
Property taxes: (10%)
10%-$290-$3,481
Insurance: (7%)
7%-$203-$2,436
Property management: (8%)
8%-$232-$2,784
Repairs & maintenance: (5%)
5%-$145-$1,740
Capital expenditures: (5%)
5%-$145-$1,740
HOA fees: (2%)
2%-$50-$600
Total operating expenses: (37%)
37%-$1,065-$12,781

Cash Flow


Monthly Yearly
Net operating income:
$1,661 $19,932
Mortgage payments:
-$3,194 -$38,328
Cash flow:
$1,533 $18,396