259 MAIN, Grantsville, UT 84029
7BD/—BA Residential in Grantsville, UT 84029. 3,992 sqft. Built 1948. Listed at $589,000. MLS #2139610.
7BD/—BA Residential in Grantsville, UT 84029. 3,992 sqft. Built 1948. Listed at $589,000. MLS #2139610.
Seller willing to offer $15,000 concession to assist in paying discount points (rate buydown) in order to get Buyer's interest rates and monthly payment more affordable. Seller also has a preferred lender who can help increase the seller concession if used. This home has been completely renovated. Other than the shell of the home, everything is new. It may be on Main Street but it is quiet and has a large private backyard. Outside, it has a new roof, new asphalt siding, many new windows, renovated deck, new deck, two additional exterior entrances, new landscaping, new concrete patio, repaired fencing, new awning, new exterior faucets and backyard with potential to create your own playground/grass area. Interior has also been completely renovated. All new electrical, plumbing, insultation, framing (extra fortified), new appliances, all new flooring, all new interior walls, 7 bedrooms, 5 full bathrooms, lots of storage, three laundry units, two kitchens, 2 family rooms, one living room, all new lighting fixtures, all new (moen/delta/etc) faucets, new vanities, newly tiled showers, new bathtubs, new toilets, new doors, insulated interior walls, large pantry, new kitchen cabinets, new countertops, beautiful neutral colors, light and bright home. The water heater is new. The second floor is heated/cooled with new mini-split units. The separate basement to this home is a mother-in-law/separate living apartment that can be part of the top two floors or can be separated off as its own living space. It has two entrances. It has a kitchen, living room, laundry, two large bedrooms and a large master bedroom (3 total), two full bathrooms, a laundry room and storage space. Light and bright. All new. Permit was pulled for all the renovation work. Square footage figures are provided as a courtesy estimate only and were obtained from county. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
County
Tooele
Zoning
Single-Family, Multi-Family
Construction
Asphalt,Concrete
Lot Size
0.16 sq ft
Above Grade Area
2,621 sq ft
Condition
Blt./Standing
MLS #
2139610
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
County
Tooele
Zoning
Single-Family, Multi-Family
Construction
Asphalt,Concrete
Lot Size
0.16 sq ft
Above Grade Area
2,621 sq ft
Condition
Blt./Standing
MLS #
2139610
List Price
$589,000
Original Price
$595,000
Annual Taxes
$1,700
Home Warranty
No
List Price
$589,000
Original Price
$595,000
Annual Taxes
$1,700
Home Warranty
No
Heating
Electric,Forced Air,Gas: Central
Cooling
Central Air,Window Unit(s)
Roof
Asphalt
Flooring
Carpet
Basement
Entrance,Full,Walk-Out Access
Materials
Asphalt,Concrete
Appliances
Ceiling Fan,Trash Compactor,Microwave
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Electric,Forced Air,Gas: Central
Cooling
Central Air,Window Unit(s)
Roof
Asphalt
Flooring
Carpet
Basement
Entrance,Full,Walk-Out Access
Materials
Asphalt,Concrete
Appliances
Ceiling Fan,Trash Compactor,Microwave
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
3
Covered Spaces
0
Total Parking
3
Why this is a deal
Classification
Strong Cash FlowDeal Score
100/100
vs Similar Homes
9% above
vs Market Median
24% above
Price Reduced
1.0%
Area Growth (YoY)
7.5%
Deal Score Breakdown
100/100 · 2 qualifying signals
LT net cashflow +$2,415/mo (+62.5% return on ownership cost) · STR net cashflow -$1,730/mo (-44.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
7.5% year-over-year ZHVI growth in this area
1% price reduction from original list — seller may be motivated
Priced 9% above the median of similar listings
Priced 24% above the per-subtype city median
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
$7,133/mo
Range: $3,540 – $10,726
Net Monthly Cash Flow
+$2,415 /mo (+$28,979/yr)
Monthly rental income
Monthly ownership cost
Coverage
185%
Net /mo
+$2,415
DSCR
2.14
Est. Annual Revenue
$36,558/yr
$159/night · 50% occupancy · $57/bedroom · $0.07/sqft
Net Monthly Cash Flow
−$1,730 /mo (−$20,755/yr)
Monthly STR income
Monthly ownership cost
Coverage
79%
Net /mo
−$1,730
DSCR
0.73
School District
Tooele
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$599,990
-2% vs median
101 days
106
$349,900 – $2,495,000
$1,700
High Crime
15.5
per 1,000
18.8
per 1,000
19.7
per 1,000
54.0
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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