1038 OLD TOWNE, Layton, UT 84041
5BD/—BA Residential in Layton, UT 84041. 3,672 sqft. Built 2023. Listed at $759,900. MLS #2161830.
5BD/—BA Residential in Layton, UT 84041. 3,672 sqft. Built 2023. Listed at $759,900. MLS #2161830.
**PRICE IMPROVEMENT** Welcome to Hill Farms, the most charming neighborhood in Davis County where timeless design meets low-maintenance living. This stunning two-story showcases one of the neighborhood's most functional floor plans with 5 bedrooms, two family rooms, a loft, and 3.5 bathrooms. The gourmet kitchen includes an oversized island with additional storage cabinets hidden in the front, gas range, walk-in pantry, and opens to a generous family room and dining area creating a bright open feel. Upstairs, the primary suite provides abundant closet space, a spa-style bathroom with separate tub & shower and dual vanities plus a private covered deck with a spectacular view of a tree lined creek and grassy common area. The basement level offers an additional oversized bedroom and another spacious family room. The oversized garage is complemented by an extra parking pad and private alleyway access. Residents here enjoy five neighborhood parks, picturesque walking trails that extends along Kays Creek. The HOA covers full lawn care and snow removal, so you can spend more time enjoying where you live. Situated on a quiet street near top-rated schools with quick access to the new West Davis Corridor, this home delivers the perfect blend of comfort, convenience, and community.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
HILL FARMS
County
Davis
Zoning
Single-Family
Construction
Asphalt,Cement Siding
Lot Size
0.11 sq ft
Above Grade Area
2,632 sq ft
Condition
Blt./Standing
MLS #
2161830
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
HILL FARMS
County
Davis
Zoning
Single-Family
Construction
Asphalt,Cement Siding
Lot Size
0.11 sq ft
Above Grade Area
2,632 sq ft
Condition
Blt./Standing
MLS #
2161830
List Price
$759,900
HOA Fees
$125 / Monthly
Annual Taxes
$3,977
Home Warranty
No
List Price
$759,900
HOA Fees
$125 / Monthly
Annual Taxes
$3,977
Home Warranty
No
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Asphalt,Cement Siding
Patio & Porch
Porch: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Asphalt,Cement Siding
Patio & Porch
Porch: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Exceptional DealDeal Score
95/100
vs Similar Homes
16% below
vs Market Median
16% below
Area Growth (YoY)
5.1%
Deal Score Breakdown
95/100 · 3 qualifying signals
Priced 16% below the median of similar listings
Priced 16% below the per-subtype city median
5.1% year-over-year ZHVI growth in this area
LT net cashflow -$820/mo (-15.5% return on ownership cost) · STR net cashflow -$1,540/mo (-29.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$5,073/mo
Range: $4,242 – $5,905
Net Monthly Cash Flow
−$820 /mo (−$9,842/yr)
Monthly rental income
Monthly ownership cost
Coverage
96%
Net /mo
−$820
DSCR
1.17
Est. Annual Revenue
$64,181/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,540 /mo (−$18,477/yr)
Monthly STR income
Monthly ownership cost
Coverage
101%
Net /mo
−$1,540
DSCR
0.98
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$500,000
+52% vs median
50 days
210
$214,900 – $2,199,000
$3,977
$125/monthly
Moderate
9.3
per 1,000
25.7
per 1,000
9.3
per 1,000
44.4
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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