7224 SILVER, Eagle Mountain, UT 84005
4BD/—BA Residential in Eagle Mountain, UT 84005. 2,779 sqft. Built 2020. Listed at $599,900. MLS #2157283.
4BD/—BA Residential in Eagle Mountain, UT 84005. 2,779 sqft. Built 2020. Listed at $599,900. MLS #2157283.
Like having two homes in one-this 2020-built property offers flexibility, income, and modern living all in one. The main residence features 1,860 sq ft of well-designed living space in excellent condition, while the fully functional 919 sq ft basement apartment (ADU) includes 2 bedrooms, 1 bath, and a private setup ideal for rental income or multi-generational living. With potential rents of $1,300+/month and dedicated side parking for the ADU, this property is a true offset-your-mortgage opportunity. Clean, well-maintained, and move-in ready-this is the kind of property that checks every box. The home has a solar system with a monthly payment of $118 per month that will need to be assumed at closing, with an approximate balance of $25,429,
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
SILVERLAKE
County
Utah
Zoning
Single-Family
Construction
Stucco,Cement Siding
Lot Size
0.14 sq ft
Above Grade Area
1,860 sq ft
Condition
Blt./Standing
MLS #
2157283
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
SILVERLAKE
County
Utah
Zoning
Single-Family
Construction
Stucco,Cement Siding
Lot Size
0.14 sq ft
Above Grade Area
1,860 sq ft
Condition
Blt./Standing
MLS #
2157283
List Price
$599,900
HOA Fees
$39 / Monthly
Annual Taxes
$2,499
Home Warranty
Yes
List Price
$599,900
HOA Fees
$39 / Monthly
Annual Taxes
$2,499
Home Warranty
Yes
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Full,Walk-Out Access
Materials
Stucco,Cement Siding
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Full,Walk-Out Access
Materials
Stucco,Cement Siding
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
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
70/100
vs Similar Homes
10% above
vs Market Median
14% above
Area Growth (YoY)
8.0%
Deal Score Breakdown
70/100 · 1 qualifying signal
8.0% year-over-year ZHVI growth in this area
Priced 10% above the median of similar listings
Priced 14% above the per-subtype city median
LT net cashflow -$1,053/mo (-26.1% return on ownership cost) · STR net cashflow -$1,068/mo (-26.5% 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
$3,390/mo
Range: $2,984 – $3,795
Net Monthly Cash Flow
−$1,053 /mo (−$12,642/yr)
Monthly rental income
Monthly ownership cost
Coverage
84%
Net /mo
−$1,053
DSCR
1.00
Est. Annual Revenue
$50,883/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,068 /mo (−$12,819/yr)
Monthly STR income
Monthly ownership cost
Coverage
105%
Net /mo
−$1,068
DSCR
0.99
Middle School
Vista Heights Middle SchoolHigh School
WestlakeSchool District
Alpine
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$505,640
+19% vs median
73 days
421
$247,000 – $1,980,000
$2,499
$39/monthly
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