689 RIVERWALK, American Fork, UT 84003
4BD/—BA Residential in American Fork, UT 84003. 2,685 sqft. Built 1998. Listed at $599,000. MLS #2166106.
4BD/—BA Residential in American Fork, UT 84003. 2,685 sqft. Built 1998. Listed at $599,000. MLS #2166106.
Nestled on a quiet cul-de-sac directly across from the scenic American Fork River, this charming home offers the perfect blend of comfort, character, and thoughtful updates. Bright, airy living spaces filled with natural light create a warm and welcoming atmosphere from the moment you step inside. Recent improvements include updated flooring, newer appliances, a tankless water heater, a brand-new roof, and a radon mitigation system already in place for added peace of mind. With four spacious bedrooms, a versatile den, and multiple gathering areas, there's plenty of room for family, guests, hobbies, or a home office. Enjoy the beauty and tranquility of this sought-after location, with the river, walking trails, parks, and outdoor recreation just steps away. Conveniently located near schools, shopping, dining, and commuter routes, this move-in-ready home offers the ideal balance of peaceful living and everyday convenience. ASK US how you can receive up to $5,000 toward closing costs when purchasing with our preferred lender! Don't miss your opportunity to make this delightful home your own-schedule your private showing today. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
RIVER WALK
County
Utah
Zoning
Single-Family
Construction
Asphalt,Brick,Stucco
Lot Size
0.14 sq ft
Above Grade Area
2,100 sq ft
Condition
Blt./Standing
MLS #
2166106
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
RIVER WALK
County
Utah
Zoning
Single-Family
Construction
Asphalt,Brick,Stucco
Lot Size
0.14 sq ft
Above Grade Area
2,100 sq ft
Condition
Blt./Standing
MLS #
2166106
List Price
$599,000
Annual Taxes
$2,466
Home Warranty
No
List Price
$599,000
Annual Taxes
$2,466
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Vinyl
Basement
Partial
Materials
Asphalt,Brick,Stucco
Appliances
Ceiling Fan,Range Hood,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Vinyl
Basement
Partial
Materials
Asphalt,Brick,Stucco
Appliances
Ceiling Fan,Range Hood,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
80/100
vs Similar Homes
14% below
vs Market Median
1% above
Area Growth (YoY)
6.6%
Deal Score Breakdown
80/100 · 2 qualifying signals
Priced 14% below the median of similar listings
6.6% year-over-year ZHVI growth in this area
Priced 1% above the per-subtype city median
LT net cashflow -$1,659/mo (-41.4% return on ownership cost) · STR net cashflow -$1,173/mo (-29.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
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
$2,673/mo
Range: $2,367 – $2,978
Net Monthly Cash Flow
−$1,659 /mo (−$19,908/yr)
Monthly rental income
Monthly ownership cost
Coverage
67%
Net /mo
−$1,659
DSCR
0.78
Est. Annual Revenue
$48,648/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,173 /mo (−$14,076/yr)
Monthly STR income
Monthly ownership cost
Coverage
101%
Net /mo
−$1,173
DSCR
0.94
Elementary
ForbesMiddle School
American ForkHigh School
American ForkSchool District
Alpine
$515,000
+16% vs median
51 days
136
$186,500 – $4,500,000
$2,466
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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