Question 1

What is the asking price for 1040 CANYON, Hyde Park?

Accepted Answer

1040 CANYON, Hyde Park is listed at $1,749,900 ($222/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 1040 CANYON, Hyde Park have?

Accepted Answer

This Residential features 5 bedrooms, 5 bathrooms, 7,868 square feet of living space. It is a 2-story home. The lot is 1.05 acres.

Question 3

When was 1040 CANYON, Hyde Park built?

Accepted Answer

This property was built in 1993, making it 33 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 4

What type of property is 1040 CANYON, Hyde Park?

Accepted Answer

1040 CANYON, Hyde Park is a Residential (Single Family Residence). The architectural style is Rambler/Ranch.

Question 5

Does 1040 CANYON, Hyde Park have a garage or parking?

Accepted Answer

Yes, this property includes a 5-car garage. Total parking capacity: 5 vehicles.

Question 6

Is there an HOA for 1040 CANYON, Hyde Park?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 7

What are the property taxes for 1040 CANYON, Hyde Park?

Accepted Answer

Annual property taxes for this property are approximately $5,669 (about $472/month). This represents an effective tax rate of approximately 0.32% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 1040 CANYON, Hyde Park?

Accepted Answer

Interior features include: Bath: Primary, Bath: Sep. Tub/Shower, Central Vacuum, Closet: Walk-In, Den/Office. Exterior features include: Basement Entrance, Deck; Covered, Double Pane Windows, Entry (Foyer), Out Buildings. The home has 3 fireplaces.   View: Mountain(s).

Question 9

Is 1040 CANYON, Hyde Park a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 70/100. Key deal signals: 8.0% year-over-year market appreciation; 101% LT gross rent coverage of monthly ownership cost. The price is 124% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

How does this price compare to similar homes in Hyde Park?

Accepted Answer

The median price for similar properties in the area is $782,400 (based on 10 homes). At $1,749,900, this listing is 124% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 11

What would the monthly mortgage payment be for 1040 CANYON, Hyde Park?

Accepted Answer

At the current 30-year mortgage rate of 6.36% with 20% down, the estimated monthly principal and interest payment is $8,720. Including estimated taxes, the total monthly cost is approximately $9,192. A 15-year mortgage at 5.71% would be $11,595/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 1040 CANYON, Hyde Park been on the market?

Accepted Answer

This property has been listed for 450 days. The average days on market in Hyde Park is 168 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 13

Is 1040 CANYON, Hyde Park a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $139,188 with a gross rental yield of 8.0%. Net rental yield (after estimated expenses): 5.2%.  Estimated debt service coverage ratio (DSCR): 1.17. Investor score: 64/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 1040 CANYON, Hyde Park?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $11,599 ($139,188/year). The gross rent multiplier is 12.6x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What lifestyle features does 1040 CANYON, Hyde Park offer?

Accepted Answer

Propaired's AI has identified 4 lifestyle features for this property: ADU/Multigenerational, Green/Sustainable, Scenic Views, Sport Court. The primary lifestyle niche is "vineyard_orchard." These tags are derived from MLS data, property features, and location analysis.

Question 16

Is 1040 CANYON, Hyde Park near skiing?

Accepted Answer

This property is within reach of skiing. Cherry Peak is 8.1 miles away. Utah's world-class resorts offer 500+ inches of annual snowfall and "The Greatest Snow on Earth."

Question 17

What recreation is near 1040 CANYON, Hyde Park?

Accepted Answer

This property has a recreation score of 66/100. Nearby recreation includes: King Park trailhead (2.7 mi); Lion's Park park (0.7 mi); Birch Creek Golf Course (2.3 mi); Hyrum State Park (12.3 mi). Skiing: Cherry Peak (8.1 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 18

Are there hiking trails near 1040 CANYON, Hyde Park?

Accepted Answer

Yes, the nearest trailhead is King Park, just 2.7 miles from the property. Hyrum State Park is 12.3 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 19

What amenities and services are near 1040 CANYON, Hyde Park?

Accepted Answer

This property has an amenity proximity score of 73/100. Nearby services include: Grocery: Green Canyon Farms (2.4 mi); Hospital: Keith W. Kent, NP (2.0 mi); Pharmacy: Lee's Pharmacy (3.5 mi); Dining: The Waffle Iron (5.5 mi). Gas station: 3.4 miles. Gym: Become Movement Studio (2.6 mi).

Question 20

How far is the nearest hospital from 1040 CANYON, Hyde Park?

Accepted Answer

The nearest hospital is Keith W. Kent, NP, approximately 2.0 miles from the property. The nearest fire station is 2.7 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 21

What schools serve 1040 CANYON, Hyde Park?

Accepted Answer

Assigned schools: Elementary: Cedar Ridge; Middle: North Cache; High: Sky View. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Greenville School with a 59% state performance score (2.4 miles away). School district: Cache.

Question 22

What high school is near 1040 CANYON, Hyde Park?

Accepted Answer

The nearest high school is Sky View. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 23

What elementary school is near 1040 CANYON, Hyde Park?

Accepted Answer

The nearest elementary school is Cedar Ridge (2.4 miles away). State performance score: 59%. District: Cache District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 24

What middle school is near 1040 CANYON, Hyde Park?

Accepted Answer

The nearest middle school is North Cache.

Question 25

What is the internet speed at 1040 CANYON, Hyde Park?

Accepted Answer

This property has a broadband score of 95/100 (Excellent). Best available speed: 1200 Mbps download / 285 Mbps upload. Fiber is not currently available at this address. Available providers: AT&T (25 Mbps, Fixed Wireless); CenturyLink (10 Mbps, DSL); HughesNet (100 Mbps, Satellite). Total providers: 10.

Question 26

Is 1040 CANYON, Hyde Park in a flood zone?

Accepted Answer

This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 27

How does this listing compare to the Hyde Park market?

Accepted Answer

1040 CANYON, Hyde Park is listed at $1,749,900, which is above the Hyde Park median of $677,500 by $1,072,400. There are currently 34 active listings in Hyde Park. Homes in Hyde Park sell in an average of 168 days. The average sale-to-list ratio is 97.7%.

Question 28

What is the Hyde Park real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Hyde Park is $677,500. There are currently 34 active listings. Homes sell in an average of 168 days. The average sale-to-list ratio is 97.7%. This listing at $1,749,900 is above the Hyde Park 2026 median.

Question 29

Are there other homes for sale in Hyde Park?

Accepted Answer

Yes — there are currently 34 active listings in Hyde Park. Browse all Hyde Park homes for sale at propaired.ai/listings/ut/hyde-park. Prices range around a median of $677,500. Homes in Hyde Park are selling in about 168 days on average.

Question 30

How does this price compare to the Utah state average?

Accepted Answer

At $1,749,900, this property is above the Utah state median of $517,990 by $1,231,910. Hyde Park prices are 31% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 31

What is the Propaired intelligence score for 1040 CANYON, Hyde Park?

Accepted Answer

This property has a Propaired intelligence score of 65/100, combining deal value (70), recreation access (66), amenity proximity (73), broadband quality (95), and lifestyle features (5 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 32

Does 1040 CANYON, Hyde Park have energy-efficient or green features?

Accepted Answer

This property has been tagged as green/sustainable, indicating energy-efficient features. Heating: Forced Air,Gas: Central. Cooling: Central Air. Green homes may include solar panels, Energy Star appliances, high-efficiency HVAC, insulated windows, and sustainable building materials. Ask the listing agent for specific energy certifications or efficiency ratings.

Question 33

What heating and cooling systems does 1040 CANYON, Hyde Park have?

Accepted Answer

Heating: Forced Air,Gas: Central. Cooling: Central Air. Given the age of this home, it may be worth requesting a professional HVAC inspection to assess system efficiency and remaining lifespan. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 34

What type of roof does 1040 CANYON, Hyde Park have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 33-year-old home, reviewing recent roof inspections is recommended.

Question 35

Does 1040 CANYON, Hyde Park have a basement?

Accepted Answer

Yes, the basement is described as: Full,Walk-Out Access. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 36

What is 1040 CANYON, Hyde Park constructed from?

Accepted Answer

Construction materials include: Stone. Stone construction provides exceptional durability and a premium aesthetic.

Question 37

What type of flooring does 1040 CANYON, Hyde Park have?

Accepted Answer

Flooring types include: Carpet,Hardwood,Tile. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times. Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 38

What are the water and sewer connections for 1040 CANYON, Hyde Park?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected.   Water is a critical consideration in Utah's arid climate.

Question 39

What shopping and dining is near 1040 CANYON, Hyde Park?

Accepted Answer

The nearest restaurant is The Waffle Iron (5.5 miles away) and the nearest grocery store is Green Canyon Farms (2.4 miles). Coffee: King's Kôfē (19.6 mi). Banking: Cache Valley Bank (12.0 mi). Overall amenity proximity score: 73/100.

Question 40

What would homeowner's insurance cost for 1040 CANYON, Hyde Park?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $1,749,900, expect approximately $5,250-$8,750/year ($438-$729/month).   Get multiple quotes — rates vary significantly by insurer.

Question 41

What are the estimated closing costs for 1040 CANYON, Hyde Park?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,749,900, expect approximately $34,998-$87,495 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 42

How does the property tax compare to the list price at 1040 CANYON, Hyde Park?

Accepted Answer

The annual property tax of $5,669 represents an effective rate of 0.32% relative to the list price of $1,749,900. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 43

What are the total estimated monthly costs for 1040 CANYON, Hyde Park?

Accepted Answer

Estimated total monthly housing cost: $9,775. This includes principal & interest ($8,720 at 6.36% with 20% down), property tax ($472/mo), and estimated insurance (~$583/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 44

Is 1040 CANYON, Hyde Park eligible for FHA or VA financing?

Accepted Answer

At $1,749,900, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 45

What is the estimated cap rate for 1040 CANYON, Hyde Park?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 5.2%, based on estimated annual rent of $139,188 and a purchase price of $1,749,900. A cap rate of 4-6% is typical for residential properties in growing Utah markets.

Question 46

Is Hyde Park a good rental market?

Accepted Answer

Estimated monthly rent in Hyde Park is approximately $9,206. Homes in Hyde Park sell in an average of 168 days, indicating moderate demand in this market. There are 34 active listings currently. Gross rental yield in this area: 8.0%. Utah's steady population growth continues to drive rental demand.

Question 47

Could 1040 CANYON, Hyde Park be a 1031 exchange property?

Accepted Answer

Yes, 1040 CANYON, Hyde Park could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 48

How does 1040 CANYON, Hyde Park compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $782,400. This listing is 124% above the comparable median. It ranks Premium among similar listings by value. The median for this property type specifically is $714,500. Comparable analysis is based on similar size, age, and location.

Question 49

Is the Hyde Park neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 8.0% over the past year. The current Zillow Home Value Index for this area is $890,049. This listing is priced at 197% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 50

What is the price trend in Hyde Park?

Accepted Answer

Hyde Park's median price has decreased 21.6% month-over-month. Current median: $677,500. Days on market have increased by 34.2% month-over-month. Homes are selling at 97.7% of list price on average. Monitor these trends to time your offer strategically.

Question 51

Is 1040 CANYON, Hyde Park overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 124% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 70/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 52

What school district is 1040 CANYON, Hyde Park in?

Accepted Answer

This property is in the Cache school district. Assigned elementary: Cedar Ridge. Assigned middle: North Cache. Assigned high: Sky View. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 53

What parks are near 1040 CANYON, Hyde Park?

Accepted Answer

The nearest local park is Lion's Park (0.7 miles away). The nearest state park is Hyrum State Park (12.3 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 54

Is there a golf course near 1040 CANYON, Hyde Park?

Accepted Answer

The nearest golf course is Birch Creek Golf Course, 2.3 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 55

What water activities are near 1040 CANYON, Hyde Park?

Accepted Answer

Water recreation near this property includes: Bear Lake (26.6 mi); boat ramp at Bear River 3800 N (5.9 mi); fishing at Logan River (5.0 mi).  Utah offers diverse water recreation from mountain reservoirs to desert lakes. Popular activities include boating, kayaking, paddle boarding, and fishing — a Utah fishing license is required for anglers.

Question 56

Is 1040 CANYON, Hyde Park move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 57

What updates might 1040 CANYON, Hyde Park need?

Accepted Answer

At 33 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement. Current roof: Asphalt. Current heating: Forced Air,Gas: Central. These are general guidelines based on typical component lifespans — the actual condition depends on maintenance history. Always get a professional inspection and ask the seller for maintenance records and any recent upgrades.

Question 58

Does 1040 CANYON, Hyde Park come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 59

What is the lot like at 1040 CANYON, Hyde Park?

Accepted Answer

The lot is 1.05 acres. Lot features: Sprinkler: Auto-Full,Terrain: Grad Slope,View: Mountain. Terrain: Sprinkler: Auto-Full, Terrain: Grad Slope, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 60

What utilities are available at 1040 CANYON, Hyde Park?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary. Sewer: Sewer: Connected. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

Question 61

Does 1040 CANYON, Hyde Park have solar panels?

Accepted Answer

While this property is tagged as green/sustainable, solar panel details are not explicitly listed. Utah is an excellent state for solar energy with 222+ sunny days per year. Adding solar panels in Utah may qualify for federal tax credits and local incentives. Contact the listing agent for details on any existing energy-efficient systems.

Question 62

Does 1040 CANYON, Hyde Park have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

Question 63

Is there EV charging near 1040 CANYON, Hyde Park?

Accepted Answer

The nearest EV charging station is Blink Charging Station, approximately 20.6 miles from the property. With a 5-car garage, installing a home Level 2 EV charger is straightforward — most installations cost $500-$2,000 including the charger. Utah offers a growing EV charging network along major corridors and in urban centers.

1040 CANYON, Hyde Park, UT 84318

1040 E CANYON RD, Hyde Park, UT 84318

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Property Intelligence

Lifestyle

Flood Zone

Deal Analysis

Investment Potential

Long-Term Rental

Short-Term Rental

Schools

Recreation & Amenities

Recreation NearbyScore: 66/100

Amenities NearbyScore: 73/100

Internet & Connectivity

All Property Details

Property Info

Bedrooms & Baths

Financial

Structure

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Hyde Park Market Context

Connect with a Buyer’s Agent

Similar Homes

$1,299,000

$849,000

$1,350,000

$624,900

$820,000

Find Your Dream Home

Frequently Asked Questions

Discover

Recreation Nearby
Score: 66/100

Amenities Nearby
Score: 73/100