618 CANVASBACK, Lehi, UT 84043
3BD/—BA Residential in Lehi, UT 84043. 1,352 sqft. Built 2022. Listed at $390,000. MLS #2141011.
3BD/—BA Residential in Lehi, UT 84043. 1,352 sqft. Built 2022. Listed at $390,000. MLS #2141011.
Like-new townhome in the desirable Cold Spring Ranch community in Lehi. Designed with modern living in mind, this home features a bright and spacious open-concept great room. Includes 3 bedrooms, including a master suite complete with a walk-in closet and built-in shelving. Also includes 2 full bathrooms and a 2-car garage. 5 foot tall crawl space allows for lots of extra storage. All major appliances are included, featuring a like-new refrigerator and high-efficiency washer and dryer (purchased in 2022), making this home truly move-in ready. Located on a quiet street with a landscaped grassy area out front and open views across from a church building...Enjoy walking-distance access to exceptional community amenities, including: pool, sport courts, pickleball courts, BMX dirt track, and playgrounds. Plus, you're just steps from the scenic Jordan River Trail, perfect for biking, jogging, or peaceful evening walks. This is low-maintenance living in one of Lehi's most vibrant and amenity-rich communities.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Stories: 2
Stories
2
Subdivision
COLD SPRING RANCH
County
Utah
Zoning
Multi-Family
Construction
Asphalt,Clapboard/Masonite,Stucco
Lot Size
0.03 sq ft
Above Grade Area
1,352 sq ft
Condition
Blt./Standing
MLS #
2141011
Property Type
Residential
Property Style
Townhouse
Architectural Style
Stories: 2
Stories
2
Subdivision
COLD SPRING RANCH
County
Utah
Zoning
Multi-Family
Construction
Asphalt,Clapboard/Masonite,Stucco
Lot Size
0.03 sq ft
Above Grade Area
1,352 sq ft
Condition
Blt./Standing
MLS #
2141011
List Price
$390,000
HOA Fees
$140 / Monthly
Annual Taxes
$1,745
Home Warranty
No
List Price
$390,000
HOA Fees
$140 / Monthly
Annual Taxes
$1,745
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Asphalt,Clapboard/Masonite,Stucco
Appliances
Dryer,Freezer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Asphalt,Clapboard/Masonite,Stucco
Appliances
Dryer,Freezer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
70/100
vs Similar Homes
6% below
vs Market Median
4% below
Area Growth (YoY)
5.0%
Deal Score Breakdown
70/100 · 2 qualifying signals
Priced 6% below the median of similar listings
5.0% year-over-year ZHVI growth in this area
Priced 4% below the per-subtype city median
LT net cashflow -$1,674/mo (-60.2% return on ownership cost) · STR net cashflow -$1,063/mo (-38.2% 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
$1,256/mo
Range: $655 – $1,857
Net Monthly Cash Flow
−$1,675 /mo (−$20,094/yr)
Monthly rental income
Monthly ownership cost
Coverage
45%
Net /mo
−$1,674
DSCR
0.56
Est. Annual Revenue
$29,434/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,063 /mo (−$12,752/yr)
Monthly STR income
Monthly ownership cost
Coverage
88%
Net /mo
−$1,063
DSCR
0.87
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$575,000
-32% vs median
63 days
312
$309,900 – $3,950,000
$1,745
$140/monthly
Low Crime
5.3
per 1,000
11.5
per 1,000
4.5
per 1,000
21.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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