578 OLD MILL, Heber City, UT 84032
4BD/—BA Residential in Heber City, UT 84032. 3,488 sqft. Built 2016. Listed at $758,000. MLS #2160296.
4BD/—BA Residential in Heber City, UT 84032. 3,488 sqft. Built 2016. Listed at $758,000. MLS #2160296.
Fresh updates and a fantastic location make this home a must-see! Featuring new paint and new carpet throughout, this home offers a clean, refreshed feel with comfortable living spaces and room to grow. The spacious primary suite includes a walk-in closet and a well-appointed en-suite bath with dual vanities, plus a separate tub and shower for added comfort and convenience. The partly finished basement provides excellent flexibility for additional living space, storage, a home gym, or future customization. Outside, enjoy a fully fenced backyard shaded by mature trees - perfect for relaxing, entertaining, kids, or pets. Conveniently located within walking distance to multiple schools and the hospital, this home combines everyday practicality with a welcoming neighborhood setting. Come see what Heber has to offer: clean air, 14 min to Deer Valley East Village ski resort, 25 min to Park City and Provo, 45 to SLC airport, and abundant year-round outdoor activities including 108 championship holes of golf, blue-ribbon fishing, hiking, biking, skiing, and snowmobiling. This is your place!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
RANCH LANDING COTTAGES
County
Wasatch
Zoning
Single-Family
Construction
Stone,Cement Siding
Lot Size
0.15 sq ft
Above Grade Area
1,744 sq ft
Condition
Blt./Standing
MLS #
2160296
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
RANCH LANDING COTTAGES
County
Wasatch
Zoning
Single-Family
Construction
Stone,Cement Siding
Lot Size
0.15 sq ft
Above Grade Area
1,744 sq ft
Condition
Blt./Standing
MLS #
2160296
List Price
$758,000
HOA Fees
$35 / Monthly
Annual Taxes
$5,262
Home Warranty
No
List Price
$758,000
HOA Fees
$35 / Monthly
Annual Taxes
$5,262
Home Warranty
No
Heating
Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Stone,Cement Siding
Appliances
Ceiling Fan,Portable Dishwasher,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Stone,Cement Siding
Appliances
Ceiling Fan,Portable Dishwasher,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Why this is a deal
Classification
Standard
Deal Score
70/100
vs Similar Homes
7% below
vs Market Median
9% below
Area Growth (YoY)
0.9%
Deal Score Breakdown
70/100 · 2 qualifying signals
Priced 7% below the median of similar listings
Priced 9% below the per-subtype city median
LT net cashflow -$966/mo (-18.1% return on ownership cost) · STR net cashflow -$4,557/mo (-85.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
0.9% year-over-year ZHVI growth in this area
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
$4,953/mo
Range: $4,011 – $5,895
Net Monthly Cash Flow
−$966 /mo (−$11,592/yr)
Monthly rental income
Monthly ownership cost
Coverage
93%
Net /mo
−$966
DSCR
1.13
Est. Annual Revenue
$13,168/yr
$213/night · 32% occupancy · $59/bedroom · $0.07/sqft
Net Monthly Cash Flow
−$4,558 /mo (−$54,692/yr)
Monthly STR income
Monthly ownership cost
Coverage
21%
Net /mo
−$4,557
DSCR
0.20
School District
Wasatch
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$845,000
-10% vs median
108 days
395
$14,900 – $24,000,000
$5,262
$35/monthly
Moderate
7.8
per 1,000
22.4
per 1,000
14.8
per 1,000
45.0
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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