Question 1

What is the asking price for 1232 CANYON, Lake Point?

Accepted Answer

1232 CANYON, Lake Point is listed at $879,000 ($156/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 1232 CANYON, Lake Point have?

Accepted Answer

This Residential features 7 bedrooms, 4 bathrooms, 5,624 square feet of living space. It is a 3-story home. The lot is 1 acres.

Question 3

When was 1232 CANYON, Lake Point built?

Accepted Answer

This property was built in 2016, making it 10 years old. Built in the early 2000s, the home benefits from modern construction standards and may have updated systems.

Question 4

What type of property is 1232 CANYON, Lake Point?

Accepted Answer

1232 CANYON, Lake Point is a Residential (Single Family Residence). The architectural style is Rambler/Ranch.  Zoning: Single-Family.

Question 5

Does 1232 CANYON, Lake Point have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage. Total parking capacity: 2 vehicles.

Question 6

Is there an HOA for 1232 CANYON, Lake Point?

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 1232 CANYON, Lake Point?

Accepted Answer

Annual property taxes for this property are approximately $4,467 (about $372/month). This represents an effective tax rate of approximately 0.51% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 1232 CANYON, Lake Point?

Accepted Answer

Interior features include: Accessory Apt, Bath: Primary, Closet: Walk-In, Den/Office, Jetted Tub. Exterior features include: Bay Box Windows, Double Pane Windows, Entry (Foyer), Horse Property.    View: Mountain(s).

Question 9

Is 1232 CANYON, 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 95/100. Key deal signals: 7.9% year-over-year market appreciation; $1,528/mo LT net cash flow (+25.2% return on spend).  This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

What would the monthly mortgage payment be for 1232 CANYON, Lake Point?

Accepted Answer

At the current 30-year mortgage rate of 6.66% with 20% down, the estimated monthly principal and interest payment is $4,519. Including estimated taxes, the total monthly cost is approximately $4,891. A 15-year mortgage at 6.04% would be $5,949/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 11

How long has 1232 CANYON, 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 163 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 12

Is 1232 CANYON, Lake Point a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $103,520 with a gross rental yield of 11.8%. Net rental yield (after estimated expenses): 7.7%.  Estimated debt service coverage ratio (DSCR): 1.68. Investor score: 74/100. These are estimates based on area comparables.

Question 13

What is the estimated rental income for 1232 CANYON, Lake Point?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $8,627 ($103,524/year). The gross rent multiplier is 8.5x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 14

Is 1232 CANYON, Lake Point suitable for horses?

Accepted Answer

Yes, this property is tagged as equestrian-friendly. The MLS listing confirms horse keeping is permitted. The 1-acre lot provides space for pasture and facilities. Check with the local municipality for any animal keeping permits required.

Question 15

What schools serve 1232 CANYON, Lake Point?

Accepted Answer

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

Question 16

What high school is near 1232 CANYON, 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 17

What elementary school is near 1232 CANYON, 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 18

Is 1232 CANYON, Lake Point in a flood zone?

Accepted Answer

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

Question 19

How does this listing compare to the Lake Point market?

Accepted Answer

1232 CANYON, Lake Point is listed at $879,000, which is above the Lake Point median of $659,990 by $219,010. There are currently 28 active listings in Lake Point. Homes in Lake Point sell in an average of 163 days. The average sale-to-list ratio is 98.9%.

Question 20

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

Accepted Answer

In 2026, the median home price in Lake Point is $659,990. There are currently 28 active listings. Homes sell in an average of 163 days. The average sale-to-list ratio is 98.9%. This listing at $879,000 is above the Lake Point 2026 median.

Question 21

Are there other homes for sale in Lake Point?

Accepted Answer

Yes — there are currently 28 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 $659,990. Homes in Lake Point are selling in about 163 days on average.

Question 22

How does this price compare to the Utah state average?

Accepted Answer

At $879,000, this property is above the Utah state median of $525,000 by $354,000. Lake Point prices are 26% 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 23

What is the Propaired intelligence score for 1232 CANYON, Lake Point?

Accepted Answer

This property has a Propaired intelligence score of 33/100, combining deal value (95), recreation access (N/A), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (0 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 24

What heating and cooling systems does 1232 CANYON, Lake Point have?

Accepted Answer

Heating: Forced Air. 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 25

What type of roof does 1232 CANYON, Lake Point have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 10-year-old home, reviewing recent roof inspections is recommended.

Question 26

Does 1232 CANYON, Lake Point 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 27

What is 1232 CANYON, Lake Point constructed from?

Accepted Answer

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

Question 28

What type of flooring does 1232 CANYON, Lake Point have?

Accepted Answer

Flooring types include: Carpet,Marble,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 29

What are the water and sewer connections for 1232 CANYON, Lake Point?

Accepted Answer

Water source: Culinary,Well. Sewer: Sewer: Connected. Properties on well water should have water quality tested annually and the well inspected before purchase.  Water is a critical consideration in Utah's arid climate.

Question 30

What would homeowner's insurance cost for 1232 CANYON, 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 $879,000, expect approximately $2,637-$4,395/year ($220-$366/month).   Get multiple quotes — rates vary significantly by insurer.

Question 31

What are the estimated closing costs for 1232 CANYON, Lake Point?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $879,000, expect approximately $17,580-$43,950 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 32

How does the property tax compare to the list price at 1232 CANYON, Lake Point?

Accepted Answer

The annual property tax of $4,467 represents an effective rate of 0.51% relative to the list price of $879,000. 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 33

What are the total estimated monthly costs for 1232 CANYON, Lake Point?

Accepted Answer

Estimated total monthly housing cost: $5,184. This includes principal & interest ($4,519 at 6.66% with 20% down), property tax ($372/mo), and estimated insurance (~$293/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 34

Is 1232 CANYON, Lake Point eligible for FHA or VA financing?

Accepted Answer

At $879,000, 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 35

What is the estimated cap rate for 1232 CANYON, Lake Point?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 7.7%, based on estimated annual rent of $103,520 and a purchase price of $879,000. A cap rate above 6% is generally considered strong for residential investment.

Question 36

Is Lake Point a good rental market?

Accepted Answer

Estimated monthly rent in Lake Point is approximately $6,411. Homes in Lake Point sell in an average of 163 days, indicating moderate demand in this market. There are 28 active listings currently. Gross rental yield in this area: 11.8%. Utah's steady population growth continues to drive rental demand.

Question 37

Could 1232 CANYON, Lake Point be a 1031 exchange property?

Accepted Answer

Yes, 1232 CANYON, 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 38

Is the Lake Point neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 7.9% over the past year. The current Zillow Home Value Index for this area is $655,263. This listing is priced at 134% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 39

What is the price trend in Lake Point?

Accepted Answer

Lake Point's median price has increased 7.6% month-over-month. Current median: $659,990. Days on market have decreased by 22.3% month-over-month. Homes are selling at 98.9% of list price on average. Monitor these trends to time your offer strategically.

Question 40

What school district is 1232 CANYON, 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 41

Is 1232 CANYON, Lake Point move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 42

Does 1232 CANYON, 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 43

What is the lot like at 1232 CANYON, Lake Point?

Accepted Answer

The lot is 1 acres. Lot features: Fenced: Full,Road: Paved,Secluded,View: Mountain. Terrain: Fenced: Full, Road: Paved, Secluded Yard, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 44

What utilities are available at 1232 CANYON, Lake Point?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary,Well. 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.

1232 CANYON, Lake Point, UT 84074

1232 E CANYON RD, Lake Point, UT 84074

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