1370 MEADOW VALLEY, Draper, UT 84020
4BD/—BA Residential in Draper, UT 84020. 2,892 sqft. Built 2008. Listed at $699,999. MLS #2130583.
4BD/—BA Residential in Draper, UT 84020. 2,892 sqft. Built 2008. Listed at $699,999. MLS #2130583.
_OPEN HOUSE SAT may 16 12-3 Sunday May 17. 3-6 .LOCATION,LOCATION,LOCATION..you'd have to go to PARK CITY to find an area like this!!! at half the price... Breathtaking views... nestled in this gated community in the scenic foothills of Draper. MAIN LEVEL Master bedroom! This hidden gem usually sits above the inversion for cleaner air. Step out your front door for private access to trails for hiking, biking, horses and snowshoeing, embracing Utah's outdoor lifestyle with glimpses of wildlife, deer, turkeys etc, Neighbors love this serene sought after oasis. Includes wonderful common areas and clubhouse. Just few miles from downtown draper and freeway,yet quiet and serene. High ceilings in walkout basement gives abundant light throughout this home. Relax as you watch the hang gliders from the point of mountain fly over from the large deck or sit on front porch sipping tea with no neighbors to the north. Remodeled in 2016.. Large storage could be made into 5th bedroom. Flexible options for rent back. furniture negotiable. can call owner agent direct or set up showing .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
Twin
Architectural Style
Condo; Main Level
Stories
2
Subdivision
THE COVE AT LITTLE VALLEY
County
Salt Lake
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,446 sq ft
Condition
Blt./Standing
MLS #
2130583
Property Type
Residential
Property Style
Twin
Architectural Style
Condo; Main Level
Stories
2
Subdivision
THE COVE AT LITTLE VALLEY
County
Salt Lake
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,446 sq ft
Condition
Blt./Standing
MLS #
2130583
List Price
$699,999
Original Price
$767,000
HOA Fees
$325 / Monthly
Annual Taxes
$2,984
Home Warranty
No
List Price
$699,999
Original Price
$767,000
HOA Fees
$325 / Monthly
Annual Taxes
$2,984
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Daylight,Full,Walk-Out Access
Materials
Stone,Stucco
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Daylight,Full,Walk-Out Access
Materials
Stone,Stucco
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Why this is a deal
Classification
Standard
Deal Score
73/100
vs Market Median
11% above
Price Reduced
8.7%
Area Growth (YoY)
6.0%
Deal Score Breakdown
73/100 · 2 qualifying signals
9% price reduction from original list — seller may be motivated
6.0% year-over-year ZHVI growth in this area
LT net cashflow -$1,090/mo (-21.6% return on ownership cost) · STR net cashflow -$2,010/mo (-39.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 11% above the per-subtype city median
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
$4,500/mo
Range: $3,228 – $5,771
Net Monthly Cash Flow
−$1,090 /mo (−$13,083/yr)
Monthly rental income
Monthly ownership cost
Coverage
89%
Net /mo
−$1,090
DSCR
1.12
Est. Annual Revenue
$52,115/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$2,010 /mo (−$24,124/yr)
Monthly STR income
Monthly ownership cost
Coverage
86%
Net /mo
−$2,010
DSCR
0.86
School District
Canyons
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$860,000
-19% vs median
60 days
152
$320,000 – $6,500,000
$2,984
$325/monthly
Low Crime
6.7
per 1,000
22.7
per 1,000
5.5
per 1,000
34.9
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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