62 CLARK, Elk Ridge, UT 84651
4BD/—BA Residential in Elk Ridge, UT 84651. 2,388 sqft. Built 1973. Listed at $575,000. MLS #2167994.
4BD/—BA Residential in Elk Ridge, UT 84651. 2,388 sqft. Built 1973. Listed at $575,000. MLS #2167994.
No showings until the open house this Saturday from 11am-1pm. Welcome to Utah County's hidden, affordable, ridge-top gem with views and upside you don't want to miss. Enjoy quiet cul-de-sac life on 1/3 acre! This 2,388 sq ft home has been fully remodeled from top to bottom. Major upgrades are already done-new roof, windows, HVAC, water heater, insulation, and vinyl fencing-all under the supervision of a licensed contractor. Inside, enjoy a stunning new kitchen with leathered granite, two beautifully updated bathrooms, and fresh finishes throughout. Multiple fun spaces round this one off. Turn one flex room into a theater room, game room, speakeasy, or library already complete with a dry bar and still have three more family/flex rooms that could be purposed for living spaces and/or spaces for guests or family to sleep. Pre-inspection report completed. New grass planted.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
4
Subdivision
SALEM HILLS
County
Utah
Zoning
Single-Family
Construction
Aluminum,Brick
Lot Size
0.32 sq ft
Above Grade Area
1,246 sq ft
Condition
Blt./Standing
MLS #
2167994
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
4
Subdivision
SALEM HILLS
County
Utah
Zoning
Single-Family
Construction
Aluminum,Brick
Lot Size
0.32 sq ft
Above Grade Area
1,246 sq ft
Condition
Blt./Standing
MLS #
2167994
List Price
$575,000
Annual Taxes
$2,397
Home Warranty
No
List Price
$575,000
Annual Taxes
$2,397
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Aluminum,Brick
Appliances
Microwave,Refrigerator
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Aluminum,Brick
Appliances
Microwave,Refrigerator
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
30% below
vs Market Median
10% above
Area Growth (YoY)
6.8%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 30% below the median of similar listings
6.8% year-over-year ZHVI growth in this area
Priced 10% above the per-subtype city median
LT net cashflow -$1,491/mo (-38.7% return on ownership cost) · STR net cashflow -$1,906/mo (-49.5% 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
$2,684/mo
Range: $2,025 – $3,342
Net Monthly Cash Flow
−$1,491 /mo (−$17,889/yr)
Monthly rental income
Monthly ownership cost
Coverage
70%
Net /mo
−$1,491
DSCR
0.82
Est. Annual Revenue
$33,365/yr
$283/night · 41% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,906 /mo (−$22,876/yr)
Monthly STR income
Monthly ownership cost
Coverage
72%
Net /mo
−$1,906
DSCR
0.67
Best Download
2 Gbps
Best Upload
250 Mbps
Fiber Available
No
Providers
8
Available Providers
$890,000
-35% vs median
61 days
29
$549,900 – $3,300,000
$2,397
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