8602 PATRON, Magna, UT 84044
3BD/—BA Residential in Magna, UT 84044. 1,399 sqft. Built 2024. Listed at $400,000. MLS #2138593.
3BD/—BA Residential in Magna, UT 84044. 1,399 sqft. Built 2024. Listed at $400,000. MLS #2138593.
**Price Improvement**Seller also offering $5,000 in concessions** Built in late 2024, this end-unit townhome offers modern finishes, abundant natural light, and low-maintenance living in one of Magna's fastest-growing communities. Enjoy easy freeway access, just 18 minutes to SLC International Airport and 25 minutes to Downtown Salt Lake City. Located next to Cyprus High School, the home sits in a well-kept neighborhood with a low HOA that includes a clubhouse, pool, and maintained common areas. Inside features an open-concept layout, contemporary kitchen, spacious bedrooms with stunning views of the valley, ample crawl space storage, and energy-efficient construction. A top-of-the-line water filtration system, refrigerator, and a 10 year warranty on the AC unit to be included with the sale! Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
2
Subdivision
LITTLE VALLEY GATEWA
County
Salt Lake
Construction
Stucco
Lot Size
0.02 sq ft
Above Grade Area
1,399 sq ft
Condition
Blt./Standing
MLS #
2138593
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
2
Subdivision
LITTLE VALLEY GATEWA
County
Salt Lake
Construction
Stucco
Lot Size
0.02 sq ft
Above Grade Area
1,399 sq ft
Condition
Blt./Standing
MLS #
2138593
List Price
$400,000
Original Price
$410,000
HOA Fees
$180 / Monthly
Annual Taxes
$2,042
Home Warranty
Yes
List Price
$400,000
Original Price
$410,000
HOA Fees
$180 / Monthly
Annual Taxes
$2,042
Home Warranty
Yes
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
None
Materials
Stucco
Appliances
Portable Dishwasher,Refrigerator,Water Softener Owned
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
None
Materials
Stucco
Appliances
Portable Dishwasher,Refrigerator,Water Softener Owned
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Why this is a deal
Classification
Standard
Deal Score
62/100
vs Similar Homes
0% above
vs Market Median
2% above
Price Reduced
2.4%
Area Growth (YoY)
5.6%
Deal Score Breakdown
62/100 · 1 qualifying signal
5.6% year-over-year ZHVI growth in this area
Priced 0% above the median of similar listings
Priced 2% above the per-subtype city median
2% price reduction from original list — seller may be motivated
LT net cashflow -$1,147/mo (-39.4% return on ownership cost) · STR net cashflow -$1,991/mo (-68.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$2,001/mo
Range: $1,497 – $2,505
Net Monthly Cash Flow
−$1,147 /mo (−$13,767/yr)
Monthly rental income
Monthly ownership cost
Coverage
69%
Net /mo
−$1,147
DSCR
0.87
Est. Annual Revenue
$15,727/yr
$119/night · 62% occupancy · $60/bedroom · $0.10/sqft
Net Monthly Cash Flow
−$1,991 /mo (−$23,888/yr)
Monthly STR income
Monthly ownership cost
Coverage
45%
Net /mo
−$1,991
DSCR
0.45
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$430,000
-7% vs median
70 days
98
$255,700 – $799,999
$2,042
$180/monthly
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