1222 WATERSIDE, Cottonwood Heights, UT 84047
2BD/—BA Residential in Cottonwood Heights, UT 84047. 824 sqft. Built 1985. Listed at $305,000. MLS #2166203.
2BD/—BA Residential in Cottonwood Heights, UT 84047. 824 sqft. Built 1985. Listed at $305,000. MLS #2166203.
Come see one of the best deals in Salt Lake County. This spacious 2 bedroom & 2 full bathroom condo offers the perfect layout and investment opportunity. As you enter, you will notice the immaculate luxury vinyl flooring, Brand New kitchen with high end modern cabinets, quartz countertops, range hood, all new appliances, and new electrical panel box. Master bedroom provides an ensuite bathroom and walk in closet. Gorgeous scenery with outdoor patio and extra storage. All Nestled in a prime location, you'll enjoy easy access to shopping, dining, and Big Cottonwood Canyon. This is the perfect condo nestled near the mountains and still close to downtown to call home. A community pool and hot-tub are also on site for your enjoyment! Schedule your showing today. Square footage figures are provided as a courtesy estimate only and were obtained from records. Buyer is advised to obtain an independent measurement. Buyer to verify all.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
WATERSIDE CONDOS
County
Salt Lake
Zoning
Multi-Family
Construction
Aluminum,Clapboard/Masonite
Lot Size
0.01 sq ft
Above Grade Area
824 sq ft
Condition
Blt./Standing
MLS #
2166203
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
WATERSIDE CONDOS
County
Salt Lake
Zoning
Multi-Family
Construction
Aluminum,Clapboard/Masonite
Lot Size
0.01 sq ft
Above Grade Area
824 sq ft
Condition
Blt./Standing
MLS #
2166203
List Price
$305,000
HOA Fees
$323 / Monthly
Annual Taxes
$1,428
Home Warranty
No
List Price
$305,000
HOA Fees
$323 / Monthly
Annual Taxes
$1,428
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Vinyl
Basement
None
Materials
Aluminum,Clapboard/Masonite
Appliances
Dryer,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Vinyl
Basement
None
Materials
Aluminum,Clapboard/Masonite
Appliances
Dryer,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
25/100
vs Similar Homes
8% above
vs Market Median
12% above
Area Growth (YoY)
1.4%
Deal Score Breakdown
25/100
1.4% year-over-year ZHVI growth in this area
LT net cashflow -$366/mo (-15.4% return on ownership cost) · STR net cashflow -$1,321/mo (-55.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 8% above the median of similar listings
Priced 12% above the per-subtype city median
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.
Monthly Rent
$2,289/mo
Range: $1,992 – $2,585
Net Monthly Cash Flow
−$366 /mo (−$4,388/yr)
Monthly rental income
Monthly ownership cost
Coverage
96%
Net /mo
−$366
DSCR
1.32
Est. Annual Revenue
$18,149/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,321 /mo (−$15,855/yr)
Monthly STR income
Monthly ownership cost
Coverage
64%
Net /mo
−$1,321
DSCR
0.69
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$750,000
-59% vs median
48 days
67
$259,900 – $9,500,000
$1,428
$323/monthly
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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