263 WATER MILL, Midvale, UT 84070
4BD/—BA Residential in Midvale, UT 84070. 2,736 sqft. Built 2026. Listed at $734,520. MLS #2154662.
4BD/—BA Residential in Midvale, UT 84070. 2,736 sqft. Built 2026. Listed at $734,520. MLS #2154662.
FREE finished basement with a contract by 5/15-an incredible, high-value upgrade you won't want to miss! Estimated completion: September/October 2026. Step into this stunning, brand-new home designed to impress, featuring a bright, open kitchen space and sleek, durable flooring throughout. Enjoy effortless living from day one with professionally finished front and back yard landscaping already included. Plus, at this stage, buyers still have the opportunity to personalize the home with design center selections-create a space that truly reflects your style. Life at The Mill goes beyond your front door-relax at the community BBQ patio, enjoy the neighborhood playground, and take advantage of unbeatable access to dining, shopping, TRAX, and Real Salt Lake games. With quick connections to I-15 and I-215, commuting is a breeze, while nearby canyons offer endless opportunities for outdoor adventure year-round. Inside, expansive Solar-E windows flood the home with natural light, complemented by high-performance features like advanced insulation, an energy recirculation system, EV outlet, and low-maintenance design. Backed by a full builder warranty, this home delivers comfort, efficiency, and peace of mind from the start. Don't miss your chance to lock in this standout incentive and make it your own-schedule your private tour today.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
THE MILL
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt,Stucco,Cement Siding
Lot Size
0.1 sq ft
Above Grade Area
1,852 sq ft
MLS #
2154662
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
THE MILL
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt,Stucco,Cement Siding
Lot Size
0.1 sq ft
Above Grade Area
1,852 sq ft
MLS #
2154662
List Price
$734,520
HOA Fees
$73 / Monthly
Home Warranty
Yes
List Price
$734,520
HOA Fees
$73 / Monthly
Home Warranty
Yes
Heating
Forced Air,Heat Pump,>= 95% efficiency
Cooling
Central Air,Heat Pump
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Asphalt,Stucco,Cement Siding
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Heat Pump,>= 95% efficiency
Cooling
Central Air,Heat Pump
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Asphalt,Stucco,Cement Siding
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Classification
Standard
Deal Score
45/100
vs Similar Homes
10% above
vs Market Median
4% above
Area Growth (YoY)
3.0%
Deal Score Breakdown
45/100
3.0% year-over-year ZHVI growth in this area
Priced 4% above the per-subtype city median
LT net cashflow -$863/mo (-18.3% return on ownership cost) · STR net cashflow -$1,772/mo (-37.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 10% above the median of similar listings
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
$4,375/mo
Range: $3,319 – $5,431
Net Monthly Cash Flow
−$863 /mo (−$10,351/yr)
Monthly rental income
Monthly ownership cost
Coverage
93%
Net /mo
−$863
DSCR
1.05
Est. Annual Revenue
$50,409/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,772 /mo (−$21,262/yr)
Monthly STR income
Monthly ownership cost
Coverage
89%
Net /mo
−$1,772
DSCR
0.80
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
16
Available Providers
$440,000
+67% vs median
56 days
91
$235,000 – $768,112
$73/monthly
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