7218 RAMANEE, Midvale, UT 84047
3BD/—BA Residential in Midvale, UT 84047. 1,688 sqft. Built 2026. Listed at $498,900. MLS #2151724.
3BD/—BA Residential in Midvale, UT 84047. 1,688 sqft. Built 2026. Listed at $498,900. MLS #2151724.
*$5,000 lender credit with preferred lender!* Welcome to a GATED modern townhome community just off Fort Union Blvd in prime Midvale, steps from shopping, dining, freeway access, and public transit. These brand new 3 bed, 2.5 bath homes feature 9 foot ceilings, abundant natural light, and an open concept main level that flows from living area to a standout kitchen with large island, gas range, stainless appliances, and under cabinet lighting. Upstairs, the primary suite offers a walk in closet and curbless shower, with two additional bedrooms and a full bath rounding out the layout. Every home includes an oversized deep load garage, 96% high efficiency furnace, smart thermostat, and radon mitigation system, plus the privacy and security of a GATED community. Multiple units available with a model home to tour. Square footage is a courtesy estimate from builder plans; buyer to verify.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
LATITUDE 40
County
Salt Lake
Construction
Asphalt,Stone,Stucco,Cement Siding
Lot Size
0.02 sq ft
Above Grade Area
1,688 sq ft
Condition
Blt./Standing
MLS #
2151724
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
LATITUDE 40
County
Salt Lake
Construction
Asphalt,Stone,Stucco,Cement Siding
Lot Size
0.02 sq ft
Above Grade Area
1,688 sq ft
Condition
Blt./Standing
MLS #
2151724
List Price
$498,900
Original Price
$524,900
HOA Fees
$200 / Monthly
Annual Taxes
$2,500
Home Warranty
No
List Price
$498,900
Original Price
$524,900
HOA Fees
$200 / Monthly
Annual Taxes
$2,500
Home Warranty
No
Heating
Forced Air,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Tile
Basement
Slab
Materials
Asphalt,Stone,Stucco,Cement Siding
Appliances
Ceiling Fan,Portable Dishwasher,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Tile
Basement
Slab
Materials
Asphalt,Stone,Stucco,Cement Siding
Appliances
Ceiling Fan,Portable Dishwasher,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
45/100
vs Similar Homes
3% above
vs Market Median
16% above
Price Reduced
5.0%
Area Growth (YoY)
3.3%
Deal Score Breakdown
45/100
5% price reduction from original list — seller may be motivated
3.3% year-over-year ZHVI growth in this area
Priced 3% above the median of similar listings
Priced 16% above the per-subtype city median
LT net cashflow -$1,308/mo (-36.7% return on ownership cost) · STR net cashflow -$1,598/mo (-44.9% 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
$2,559/mo
Range: $1,427 – $3,690
Net Monthly Cash Flow
−$1,308 /mo (−$15,691/yr)
Monthly rental income
Monthly ownership cost
Coverage
72%
Net /mo
−$1,308
DSCR
0.91
Est. Annual Revenue
$33,627/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,597 /mo (−$19,168/yr)
Monthly STR income
Monthly ownership cost
Coverage
79%
Net /mo
−$1,598
DSCR
0.79
Elementary
East MidvaleMiddle School
MidvaleHigh School
HillcrestSchool District
Canyons
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$440,000
+13% vs median
56 days
91
$235,000 – $768,112
$2,500
$200/monthly
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