
Las Vegas, NV 89108
This property presents a High-Potential Investment Opportunity with a List Price of $140,000—positioned well below the $144,242 Fair Market Value by 2%. This valuation gap offers $4,242 in Instant Equity. With a Condition Rating of 4, the unit is functional but offers value-add potential through cosmetic updates. The property exceeds the 1% rule, making it a stable Buy-and-Hold Asset for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point in Northwest Las Vegas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3709 Snorkel Circle 3D Subject | $140,000* List Price | 2 | 2 | 912 | $158 | - |
A 3701 Snorkel Circle C Sold | $135,000 | 2 | 2 | 912 | $148 | 0.0 mi |
B 3712 Snorkel Circle 3 Pending | $145,000 List Price | 2 | 2 | 912 | $159 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984 (40 years old), the property features dated interior finishes as evidenced by the original-style bathroom tile and cabinetry. While functional and currently suitable for rental use, the unit requires cosmetic updates and likely has aging mechanical systems consistent with its age.
With a list price of $140,000 and projected market rents of approximately $1,600 per month, this property comfortably exceeds the traditional 1% rule, offering outstanding cash-flow potential for investors.
The unit is exceptionally well-positioned within the community, sitting directly across from the pool and mailboxes, while enjoying immediate access to a lush greenbelt right outside the front door.
Offering a functional 2-bedroom, 2-bathroom layout for under $150,000, this condominium represents one of the most affordable entry points and best values in Northwest Las Vegas.
Built in 1984, the property may feature older infrastructure, systems, or cosmetic finishes that could require near-term maintenance, capital expenditures, or modern updates.
The property is subject to a $240 monthly association fee, which adds to the fixed carrying costs and slightly reduces the net monthly cash flow for an investor or buyer.
This well-positioned 2-bedroom, 2-bath condominium offers one of the best values in Northwest Las Vegas. Located directly across from the community pool and mailboxes, the unit also enjoys immediate access to a lush greenbelt area right outside the front door—perfect for pet owners and outdoor enjoyment. The functional floorplan features two spacious bedrooms, two full bathrooms, and comfortable living spaces designed for easy everyday living. For investors, this property presents exceptional income potential. The unit was previously rented for $1,500 per month and current market rents support approximately $1,600 per month, creating an attractive opportunity that exceeds the sought-after 1% rule. Whether you’re looking for an affordable primary residence or a cash-flowing rental property, this condo delivers outstanding value at an affordable price point.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 912 | - |
| Lot Size | 912 | - |
| Price | $140.0K | $217.2K |
| Price per sq ft | $154 | $219 |
| Built year | 1984 | 0 |
| HOA | $240 | $0 |
| Days on market | 29 | 828 |
Jun 23, 2026
$140,000
Initial Listing