7931 NORWOOD, Cottonwood Heights, UT 84121
3BD/—BA Residential in Cottonwood Heights, UT 84121. 2,512 sqft. Built 1977. Listed at $685,000. MLS #2163379.
3BD/—BA Residential in Cottonwood Heights, UT 84121. 2,512 sqft. Built 1977. Listed at $685,000. MLS #2163379.
Discover this beautifully maintained two-story home nestled in the desirable East Bench area of Cottonwood Heights. Offering 3 spacious bedrooms and 2.5 bathrooms, this property combines comfort, functionality, and an unbeatable location. Major improvements have already been completed, including an updated roof, furnace, and central air conditioning system and freshly refinished hardwood floors. The home also features fresh paint inside and out, along with a remodeled kitchen equipped with newer stainless steel appliances and 23 feet of counter space. For added convenience, the refrigerator, range, microwave, dishwasher, washer, and dryer are all included. The unfinished basement provides excellent potential for future expansion, while abundant storage space throughout the basement and garage helps keep everything organized. Outside, you'll find RV parking and a fully fenced 0.16-acre lot, offering both privacy and flexibility. Ideally located just minutes from Big and Little Cottonwood Canyons, this home provides quick access to world-class recreation, major commuting routes, shopping, and a variety of dining options. This is an exceptional opportunity to own a move-in-ready home in one of the most desirable neighborhoods along the Wasatch Front.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
SOUTHAMPTON
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Clapboard/Masonite
Lot Size
0.16 sq ft
Above Grade Area
1,628 sq ft
Condition
Blt./Standing
MLS #
2163379
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
SOUTHAMPTON
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Clapboard/Masonite
Lot Size
0.16 sq ft
Above Grade Area
1,628 sq ft
Condition
Blt./Standing
MLS #
2163379
List Price
$685,000
Original Price
$715,000
Annual Taxes
$3,559
Home Warranty
No
List Price
$685,000
Original Price
$715,000
Annual Taxes
$3,559
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Linoleum
Basement
Full
Materials
Brick,Clapboard/Masonite
Appliances
Ceiling Fan,Dryer,Freezer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Linoleum
Basement
Full
Materials
Brick,Clapboard/Masonite
Appliances
Ceiling Fan,Dryer,Freezer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
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
90/100
vs Similar Homes
18% below
vs Market Median
7% below
Price Reduced
4.2%
Area Growth (YoY)
2.3%
Deal Score Breakdown
90/100 · 2 qualifying signals
Priced 18% below the median of similar listings
Priced 7% below the per-subtype city median
4% price reduction from original list — seller may be motivated
2.3% year-over-year ZHVI growth in this area
LT net cashflow -$2,005/mo (-42.9% return on ownership cost) · STR net cashflow -$2,240/mo (-48.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$3,029/mo
Range: $2,272 – $3,786
Net Monthly Cash Flow
−$2,004 /mo (−$24,049/yr)
Monthly rental income
Monthly ownership cost
Coverage
65%
Net /mo
−$2,005
DSCR
0.77
Est. Annual Revenue
$41,661/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$2,239 /mo (−$26,872/yr)
Monthly STR income
Monthly ownership cost
Coverage
74%
Net /mo
−$2,240
DSCR
0.70
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$762,000
-10% vs median
58 days
70
$259,900 – $9,500,000
$3,559
Moderate
4.6
per 1,000
27.2
per 1,000
8.9
per 1,000
40.7
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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