8240 3475, Magna, UT 84044
5BD/—BA Residential in Magna, UT 84044. 2,055 sqft. Built 1963. Listed at $519,000. MLS #2169208.
5BD/—BA Residential in Magna, UT 84044. 2,055 sqft. Built 1963. Listed at $519,000. MLS #2169208.
Beautifully remodeled 5 bedroom, 3 bathroom home in a prime Magna location! This move in ready property offers exceptional versatility with a fully finished basement featuring 2 bedrooms, 1 bathroom, a full kitchen, laundry area, and a separate entrance, ideal for extended family, guests, or potential rental income to help offset your mortgage. The main level features 3 spacious bedrooms, 2 bathrooms, and a stunning remodeled kitchen with quartz countertops, complemented by an open and inviting living area. Recent updates include a new roof, updated HVAC system, new flooring, carpet, lighting, and beautifully renovated kitchens with quartz countertops throughout. Outside, enjoy a spacious 2-car garage, RV parking, and plenty of room for additional vehicles, trailers, or recreational toys. Conveniently located near shopping, grocery stores, restaurants, schools, parks, and major commuter routes, this home offers the perfect combination of comfort, style, and functionality. Ask us how your monthly payment could be as low as $1,800/month (subject to buyer qualification, loan terms, and lender approval). Seller concessions are available when using our preferred lender, making this an even more affordable opportunity. Whether you're looking for a beautiful primary residence or a home with excellent income potential, this property checks all the boxes. Schedule your private showing today, this one won't last long!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Split-Entry/Bi-Level
Stories
2
Subdivision
OQUIRLANE
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.2 sq ft
Above Grade Area
1,155 sq ft
Condition
Blt./Standing
MLS #
2169208
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Split-Entry/Bi-Level
Stories
2
Subdivision
OQUIRLANE
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.2 sq ft
Above Grade Area
1,155 sq ft
Condition
Blt./Standing
MLS #
2169208
List Price
$519,000
Annual Taxes
$3,256
Home Warranty
No
List Price
$519,000
Annual Taxes
$3,256
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Flooring
Carpet
Basement
Entrance,Full
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Cooling
Central Air
Flooring
Carpet
Basement
Entrance,Full
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
3
Garage Spaces
2
Covered Spaces
2
Total Parking
3
Classification
Standard
Deal Score
45/100
vs Similar Homes
8% above
vs Market Median
17% above
Area Growth (YoY)
4.7%
Deal Score Breakdown
45/100
4.7% year-over-year ZHVI growth in this area
LT net cashflow -$298/mo (-8.4% return on ownership cost) · STR net cashflow -$2,146/mo (-60.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 8% above the median of similar listings
Priced 17% above the per-subtype city median
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
$3,717/mo
Range: $2,584 – $4,850
Net Monthly Cash Flow
−$298 /mo (−$3,571/yr)
Monthly rental income
Monthly ownership cost
Coverage
104%
Net /mo
−$298
DSCR
1.26
Est. Annual Revenue
$24,393/yr
$154/night · 56% occupancy · $59/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$2,147 /mo (−$25,762/yr)
Monthly STR income
Monthly ownership cost
Coverage
57%
Net /mo
−$2,146
DSCR
0.55
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$444,900
+17% vs median
62 days
89
$249,900 – $765,000
$3,256
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