423 700 N, American Fork, UT 84003
5BD/—BA Residential in American Fork, UT 84003. 3,510 sqft. Built 1974. Listed at $779,000. MLS #2140712.
5BD/—BA Residential in American Fork, UT 84003. 3,510 sqft. Built 1974. Listed at $779,000. MLS #2140712.
$779,000
Originally listed at $815,000
Fully renovated in 2023, this 5-bedroom, 3-bathroom home offers exceptional flexibility for a wide range of buyers, whether you're looking to continue a successful short-term rental, generate long-term income, accommodate multi-generational living, or live upstairs while offsetting your mortgage. Currently operating as a highly rated Airbnb with a 4.97-star average and over two years of proven performance, it holds "Guest Favorite" recognition and Superhost status, offering a rare opportunity to step into a turnkey, income-producing property, with the seller open to transferring the Airbnb listing, review history, Superhost status, and established property management automations for a seamless transition, while furnishings are negotiable. Inside, the spacious layout features multiple indoor living areas designed for comfort, connection, and entertaining, along with a full second kitchen, second laundry area, and a separate basement entrance, with the basement configurable as a 1- or 2-bedroom apartment, allowing a flexible setup that can accommodate up to 14 guests. The backyard is designed for both guest enjoyment and everyday living, featuring a hot tub with bistro lighting, a sport court for pickleball or basketball, a fire pit gathering area, and a large yard with patio dining and BBQ space, with the lawn set to be freshly seeded this spring. Ideally located just minutes from canyon access, parks, shopping, and freeway connections, this home appeals to both short-term guests and full-time residents alike, with proven 2+ year income history available upon request.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Asbestos,Brick
Lot Size
0.25 sq ft
Above Grade Area
1,774 sq ft
Condition
Blt./Standing
MLS #
2140712
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Asbestos,Brick
Lot Size
0.25 sq ft
Above Grade Area
1,774 sq ft
Condition
Blt./Standing
MLS #
2140712
List Price
$779,000
Original Price
$815,000
Annual Taxes
$2,486
Home Warranty
No
List Price
$779,000
Original Price
$815,000
Annual Taxes
$2,486
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asbestos Shingle
Flooring
Carpet,Tile
Basement
Full,Walk-Out Access
Materials
Asbestos,Brick
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Gas: Central
Cooling
Central Air
Roof
Asbestos Shingle
Flooring
Carpet,Tile
Basement
Full,Walk-Out Access
Materials
Asbestos,Brick
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Classification
Standard
Deal Score
45/100
vs Similar Homes
47% above
vs Market Median
25% above
Price Reduced
4.4%
Area Growth (YoY)
2.2%
Deal Score Breakdown
45/100
4% price reduction from original list — seller may be motivated
2.2% year-over-year ZHVI growth in this area
LT net cashflow -$872/mo (-17.0% return on ownership cost) · STR net cashflow -$1,394/mo (-27.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 47% above the median of similar listings
Priced 25% above the per-subtype city median
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$4,836/mo
Range: $2,917 – $6,755
Net Monthly Cash Flow
−$872 /mo (−$10,460/yr)
Monthly rental income
Monthly ownership cost
Coverage
94%
Net /mo
−$872
DSCR
1.10
Est. Annual Revenue
$64,001/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,395 /mo (−$16,743/yr)
Monthly STR income
Monthly ownership cost
Coverage
104%
Net /mo
−$1,394
DSCR
0.96
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$485,990
+60% vs median
59 days
123
$187,000 – $4,500,000
$2,486
Moderate
7.3
per 1,000
21.9
per 1,000
14.1
per 1,000
43.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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