Question 1

What is the asking price for 118 TRAM ROCK, Lake Point?

Accepted Answer

118 TRAM ROCK, Lake Point is listed at $669,900 ($178/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 118 TRAM ROCK, Lake Point have?

Accepted Answer

This Residential features 5 bedrooms, 3 bathrooms, 3,759 square feet of living space. It is a 2-story home. The lot is 0.25 acres.

Question 3

When was 118 TRAM ROCK, Lake Point built?

Accepted Answer

This property was built in 2020, making it 6 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 118 TRAM ROCK, Lake Point?

Accepted Answer

118 TRAM ROCK, Lake Point is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the PASTURES AT SADDLEBACK subdivision. Zoning: Single-Family.

Question 5

Does 118 TRAM ROCK, Lake Point have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage. Total parking capacity: 3 vehicles.

Question 6

Is there an HOA for 118 TRAM ROCK, Lake Point?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $45 quarterly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 118 TRAM ROCK, Lake Point?

Accepted Answer

Annual property taxes for this property are approximately $4,455 (about $371/month). This represents an effective tax rate of approximately 0.67% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 118 TRAM ROCK, Lake Point?

Accepted Answer

Interior features include: Alarm: Fire, Bath: Primary, Closet: Walk-In, Disposal, Great Room. Exterior features include: Double Pane Windows, Sliding Glass Doors, Patio: Open.    View: Mountain(s),Valley.

Question 9

Is 118 TRAM ROCK, Lake Point a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Strong Cash Flow" with a deal score of 75/100. Key deal signals: Priced 6% below similar homes; 5.3% year-over-year market appreciation; $354/mo LT net cash flow (+7.6% return on spend). The price is 6% below 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 Lake Point?

Accepted Answer

The median price for similar properties in the area is $714,500 (based on 10 homes). At $669,900, this listing is 6% below the median for comparable homes. It ranks #Fair Price among similar listings by value.

Question 11

What would the monthly mortgage payment be for 118 TRAM ROCK, Lake Point?

Accepted Answer

At the current 30-year mortgage rate of 6.43% with 20% down, the estimated monthly principal and interest payment is $3,363. Including estimated taxes and HOA fees, the total monthly cost is approximately $3,779. A 15-year mortgage at 5.79% would be $4,462/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 118 TRAM ROCK, Lake Point been on the market?

Accepted Answer

This property has been listed for 0 days. The average days on market in Lake Point is 168 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 13

Is 118 TRAM ROCK, Lake Point a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $68,129 with a gross rental yield of 10.2%. Net rental yield (after estimated expenses): 6.6%.  Estimated debt service coverage ratio (DSCR): 1.49. Investor score: 56/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 118 TRAM ROCK, Lake Point?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $5,677 ($68,124/year). The gross rent multiplier is 9.8x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What recreation is near 118 TRAM ROCK, Lake Point?

Accepted Answer

This property has a recreation score of 78/100. Nearby recreation includes: Butterfield Canyon Summit trailhead (14.1 mi); Emigrant Park park (0.6 mi); Stansbury Park Golf Course (3.2 mi); Great Salt Lake State Park (4.5 mi). Skiing: Snowbird Ski and Summer Resort (31.9 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 16

What amenities and services are near 118 TRAM ROCK, Lake Point?

Accepted Answer

This property has an amenity proximity score of 54/100. Nearby services include: Grocery: Maverik Adventure's First Stop (2.5 mi); Hospital: Stansbury Health Center (2.7 mi); Pharmacy: Skull Valley Pharmacy Tooele (8.2 mi); Dining: Julian’s Tacos (10.1 mi). Gas station: 8.6 miles. Gym: Public Access to Lake (3.9 mi).

Question 17

How far is the nearest hospital from 118 TRAM ROCK, Lake Point?

Accepted Answer

The nearest hospital is Stansbury Health Center, approximately 2.7 miles from the property. The nearest fire station is 7.2 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 18

What schools serve 118 TRAM ROCK, Lake Point?

Accepted Answer

Assigned schools: Elementary: Old Mill; High: Stansbury.   School district: Tooele.

Question 19

What high school is near 118 TRAM ROCK, Lake Point?

Accepted Answer

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

Question 20

What elementary school is near 118 TRAM ROCK, Lake Point?

Accepted Answer

The nearest elementary school is Old Mill. Propaired provides full school ratings and comparison data for all schools in this area.

Question 21

What is the internet speed at 118 TRAM ROCK, Lake Point?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 2000 Mbps download / 1000 Mbps upload. Fiber internet is available at this address. Available providers: 9Stone (500 Mbps, Fixed Wireless); Beehive Broadband (1000 Mbps, Fiber); Beehive Broadband (100 Mbps, Fixed Wireless). Total providers: 10.

Question 22

Is 118 TRAM ROCK, Lake Point in a flood zone?

Accepted Answer

This property is classified as unknown. FEMA flood zone: D. Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 23

How does this listing compare to the Lake Point market?

Accepted Answer

118 TRAM ROCK, Lake Point is listed at $669,900, which is above the Lake Point median of $640,990 by $28,910. There are currently 21 active listings in Lake Point. Homes in Lake Point sell in an average of 168 days. The average sale-to-list ratio is 98.8%.

Question 24

What is the Lake Point real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Lake Point is $640,990. There are currently 21 active listings. Homes sell in an average of 168 days. The average sale-to-list ratio is 98.8%. This listing at $669,900 is above the Lake Point 2026 median.

Question 25

Are there other homes for sale in Lake Point?

Accepted Answer

Yes — there are currently 21 active listings in Lake Point. Browse all Lake Point homes for sale at propaired.ai/listings/ut/lake-point. Prices range around a median of $640,990. Homes in Lake Point are selling in about 168 days on average.

Question 26

How does this price compare to the Utah state average?

Accepted Answer

At $669,900, this property is above the Utah state median of $525,000 by $144,900. Lake Point prices are 22% 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 27

What is the Propaired intelligence score for 118 TRAM ROCK, Lake Point?

Accepted Answer

This property has a Propaired intelligence score of 46/100, combining deal value (75), recreation access (78), amenity proximity (54), broadband quality (100), and lifestyle features (0 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 28

What heating and cooling systems does 118 TRAM ROCK, Lake Point have?

Accepted Answer

Heating: Forced Air,Gas: Central. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 29

What type of roof does 118 TRAM ROCK, Lake Point have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 6-year-old home, reviewing recent roof inspections is recommended.

Question 30

Does 118 TRAM ROCK, Lake Point have a basement?

Accepted Answer

Yes, the basement is described as: Full. 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 31

What is 118 TRAM ROCK, Lake Point constructed from?

Accepted Answer

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

Question 32

What type of flooring does 118 TRAM ROCK, Lake Point have?

Accepted Answer

Flooring types include: Carpet,Laminate,Vinyl.   Carpeted areas provide warmth and comfort, especially in bedrooms. Luxury vinyl/LVP is waterproof, durable, and increasingly popular in Utah homes.

Question 33

What are the water and sewer connections for 118 TRAM ROCK, Lake Point?

Accepted Answer

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

Question 34

What shopping and dining is near 118 TRAM ROCK, Lake Point?

Accepted Answer

The nearest restaurant is Julian’s Tacos (10.1 miles away) and the nearest grocery store is Maverik Adventure's First Stop (2.5 miles). Coffee: Coffee Barn (8.6 mi). Banking: Zions Bank Tooele (9.0 mi). Overall amenity proximity score: 54/100.

Question 35

What would homeowner's insurance cost for 118 TRAM ROCK, Lake Point?

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 $669,900, expect approximately $2,010-$3,350/year ($168-$279/month).   Get multiple quotes — rates vary significantly by insurer.

Question 36

What are the estimated closing costs for 118 TRAM ROCK, Lake Point?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $669,900, expect approximately $13,398-$33,495 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 37

How does the property tax compare to the list price at 118 TRAM ROCK, Lake Point?

Accepted Answer

The annual property tax of $4,455 represents an effective rate of 0.67% relative to the list price of $669,900. This is near the Utah average effective rate of approximately 0.58%. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 38

What are the total estimated monthly costs for 118 TRAM ROCK, Lake Point?

Accepted Answer

Estimated total monthly housing cost: $4,002. This includes principal & interest ($3,363 at 6.43% with 20% down), property tax ($371/mo), HOA ($45/mo), and estimated insurance (~$223/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 39

Is 118 TRAM ROCK, Lake Point eligible for FHA or VA financing?

Accepted Answer

At $669,900, 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 40

What is the estimated cap rate for 118 TRAM ROCK, Lake Point?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 6.6%, based on estimated annual rent of $68,129 and a purchase price of $669,900. A cap rate above 6% is generally considered strong for residential investment.

Question 41

Is Lake Point a good rental market?

Accepted Answer

Estimated monthly rent in Lake Point is approximately $4,774. Homes in Lake Point sell in an average of 168 days, indicating moderate demand in this market. There are 21 active listings currently. Gross rental yield in this area: 10.2%. Utah's steady population growth continues to drive rental demand.

Question 42

Could 118 TRAM ROCK, Lake Point be a 1031 exchange property?

Accepted Answer

Yes, 118 TRAM ROCK, Lake Point 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 43

How does 118 TRAM ROCK, Lake Point compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $714,500. This listing is 6% below the comparable median. It ranks Fair Price among similar listings by value. The median for this property type specifically is $637,490. Comparable analysis is based on similar size, age, and location.

Question 44

Is the Lake Point neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 5.3% over the past year. The current Zillow Home Value Index for this area is $551,404. This listing is priced at 122% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 45

What is the price trend in Lake Point?

Accepted Answer

Lake Point's median price has increased 10.0% month-over-month. Current median: $640,990. Days on market have increased by 1.1% month-over-month. Homes are selling at 98.8% of list price on average. Monitor these trends to time your offer strategically.

Question 46

Is 118 TRAM ROCK, Lake Point overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Strong Cash Flow." At 6% below comparable homes, this property appears competitively priced. Deal score: 75/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 47

What school district is 118 TRAM ROCK, Lake Point in?

Accepted Answer

This property is in the Tooele school district. Assigned elementary: Old Mill.  Assigned high: Stansbury. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 48

What parks are near 118 TRAM ROCK, Lake Point?

Accepted Answer

The nearest local park is Emigrant Park (0.6 miles away). The nearest state park is Great Salt Lake State Park (4.5 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 49

Is there a golf course near 118 TRAM ROCK, Lake Point?

Accepted Answer

The nearest golf course is Stansbury Park Golf Course, 3.2 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas.

Question 50

What water activities are near 118 TRAM ROCK, Lake Point?

Accepted Answer

Water recreation near this property includes: boat ramp at Great Salt Lake State Marina (4.7 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 51

Is 118 TRAM ROCK, Lake Point move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 52

Does 118 TRAM ROCK, Lake Point 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 53

What is the lot like at 118 TRAM ROCK, Lake Point?

Accepted Answer

The lot is 0.25 acres. Lot features: Corner Lot,Curb & Gutter,Fenced: Full,Sprinkler: Auto-Part,View: Mountain,View: Valley. Terrain: Corner Lot, Curb & Gutter, Fenced: Full, Sprinkler: Auto-Part, Terrain, Flat, View: Mountain, View: Valley. Views: Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 54

What utilities are available at 118 TRAM ROCK, Lake Point?

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 55

Does 118 TRAM ROCK, Lake Point 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 56

Is there EV charging near 118 TRAM ROCK, Lake Point?

Accepted Answer

The nearest EV charging station is Blink Charging Station, approximately 8.8 miles from the property. With a 3-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.

118 TRAM ROCK, Lake Point, UT 84074

118 TRAM ROCK RD, Lake Point, UT 84074

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Property Intelligence

Flood Zone

Deal Analysis

Investment Potential

Long-Term Rental

Short-Term Rental

Recreation & Amenities

Recreation Nearby
Score: 78/100

Amenities Nearby
Score: 54/100

Internet & Connectivity

All Property Details

Property Info

Bedrooms & Baths

Financial

Structure

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Lake Point Market Context

Connect with a Buyer’s Agent

Similar Homes

$591,990

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$999,999

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Find Your Dream Home

Frequently Asked Questions

Discover

118 TRAM ROCK, Lake Point, UT 84074

118 TRAM ROCK RD, Lake Point, UT 84074

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Property Intelligence

Flood Zone

Deal Analysis

Investment Potential

Long-Term Rental

Short-Term Rental

Recreation & Amenities

Recreation NearbyScore: 78/100

Amenities NearbyScore: 54/100

Internet & Connectivity

All Property Details

Property Info

Bedrooms & Baths

Financial

Structure

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Lake Point Market Context

Connect with a Buyer’s Agent

Similar Homes

$591,990

$745,000

$999,999

$719,000

$725,000

Find Your Dream Home

Frequently Asked Questions

Discover

Recreation Nearby
Score: 78/100

Amenities Nearby
Score: 54/100