422 1040 EAST, American Fork, UT 84003
3BD/—BA Residential in American Fork, UT 84003. 1,450 sqft. Built 2014. Listed at $465,000. MLS #2169582.
3BD/—BA Residential in American Fork, UT 84003. 1,450 sqft. Built 2014. Listed at $465,000. MLS #2169582.
Beautiful single-level twin home located in a desirable 55+ community in American Fork. This well-maintained property offers 3 bedrooms, 2 bathrooms, and an open-concept layout with vaulted ceilings, granite countertops, and spacious living areas. The primary suite features a walk-in closet and easy-access shower. Covered patio and fully fenced yard provide a private outdoor retreat. Spacious 2-car attached garage with additional storage/workbench. Community amenities include clubhouse, fitness center, pool, hot tub, walking trails, and RV parking. HOA covers exterior maintenance, snow removal, and additional community amenities. Conveniently located near shopping, dining, medical facilities, and freeway access. Please allow adequate notice for showings. Buyer to verify all information, including square footage.
Property Type
Residential
Property Style
Twin
Architectural Style
Patio Home
Stories
1
Subdivision
MIRA VISTA/MT. TIMPA
County
Utah
Zoning
Single-Family
Construction
Aluminum,Asphalt,Brick
Lot Size
0.1 sq ft
Above Grade Area
1,450 sq ft
Condition
Blt./Standing
MLS #
2169582
Property Type
Residential
Property Style
Twin
Architectural Style
Patio Home
Stories
1
Subdivision
MIRA VISTA/MT. TIMPA
County
Utah
Zoning
Single-Family
Construction
Aluminum,Asphalt,Brick
Lot Size
0.1 sq ft
Above Grade Area
1,450 sq ft
Condition
Blt./Standing
MLS #
2169582
List Price
$465,000
HOA Fees
$320 / Monthly
Annual Taxes
$1,835
Home Warranty
No
List Price
$465,000
HOA Fees
$320 / Monthly
Annual Taxes
$1,835
Home Warranty
No
Heating
Gas: Central,>= 95% efficiency
Cooling
Central Air,Window Unit(s)
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Slab
Materials
Aluminum,Asphalt,Brick
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Gas: Central,>= 95% efficiency
Cooling
Central Air,Window Unit(s)
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Slab
Materials
Aluminum,Asphalt,Brick
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Classification
Standard
Deal Score
45/100
vs Market Median
10% above
Area Growth (YoY)
4.8%
Deal Score Breakdown
45/100
4.8% year-over-year ZHVI growth in this area
Priced 10% above the per-subtype city median
LT net cashflow -$2,481/mo (-72.4% return on ownership cost) · STR net cashflow -$1,679/mo (-49.0% 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
Not enough comparable listings
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
$1,075/mo
Range: $836 – $1,313
Net Monthly Cash Flow
−$2,481 /mo (−$29,773/yr)
Monthly rental income
Monthly ownership cost
Coverage
31%
Net /mo
−$2,481
DSCR
0.41
Est. Annual Revenue
$29,960/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,680 /mo (−$20,165/yr)
Monthly STR income
Monthly ownership cost
Coverage
73%
Net /mo
−$1,679
DSCR
0.75
Elementary
BarrattMiddle School
American ForkHigh School
American ForkSchool District
Alpine
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$515,000
-10% vs median
51 days
136
$186,500 – $4,500,000
$1,835
$320/monthly
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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