481 WATERFORD, Midvale, UT 84047
4BD/—BA Residential in Midvale, UT 84047. 1,938 sqft. Built 1997. Listed at $607,000. MLS #2158782.
4BD/—BA Residential in Midvale, UT 84047. 1,938 sqft. Built 1997. Listed at $607,000. MLS #2158782.
Minutes from the best of Fort Union and the Wasatch Mountains, this well maintained and upgraded Midvale home combines convenience and beauty. Enjoy being just 5 minutes from I-215, and favorite local restaurants and grocers including Trader Joe's, Whole Foods, and Harmon's. All this within 15 minutes of the world-class Wasatch Mountains. Directly across the street, a tree-lined path leads to dog-friendly Union Park with trails, playgrounds, baseball diamonds, and expansive green space. Inside, major system upgrades and tasteful improvements make this home truly move-in ready. The furnace and AC were replaced approximately 1.5 years ago, while the kitchen appliances were updated within the last 3 to 4 years. Additional upgrades include a water softener, humidifier, radon mitigation system, Abode alarm system, updated lighting and ceiling fans, refreshed paint, improved landscaping and fencing, new garden boxes, updated garage keypad and mailbox, plus a 220V EV charging outlet in the garage. The refrigerator, washer and dryer are included, and the home also features a durable 50-year roof installed by the previous owner. You'll love the views, comfort and beauty of your new east side home.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
UNION WOODS
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt,Brick,Stucco
Lot Size
0.17 sq ft
Above Grade Area
1,513 sq ft
Condition
Blt./Standing
MLS #
2158782
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
UNION WOODS
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt,Brick,Stucco
Lot Size
0.17 sq ft
Above Grade Area
1,513 sq ft
Condition
Blt./Standing
MLS #
2158782
List Price
$607,000
Annual Taxes
$3,470
Home Warranty
No
List Price
$607,000
Annual Taxes
$3,470
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Partial
Materials
Asphalt,Brick,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Partial
Materials
Asphalt,Brick,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Why this is a deal
Classification
Strong Cash FlowDeal Score
65/100
vs Similar Homes
1% above
vs Market Median
3% above
Area Growth (YoY)
3.3%
Deal Score Breakdown
65/100 · 1 qualifying signal
LT net cashflow +$282/mo (+6.8% return on ownership cost) · STR net cashflow -$1,732/mo (-42.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
3.3% year-over-year ZHVI growth in this area
Priced 1% above the median of similar listings
Priced 3% 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
$5,006/mo
Range: $4,414 – $5,598
Net Monthly Cash Flow
+$282 /mo (+$3,381/yr)
Monthly rental income
Monthly ownership cost
Coverage
121%
Net /mo
+$282
DSCR
1.46
Est. Annual Revenue
$40,988/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,732 /mo (−$20,779/yr)
Monthly STR income
Monthly ownership cost
Coverage
83%
Net /mo
−$1,732
DSCR
0.79
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$440,000
+38% vs median
56 days
91
$235,000 – $768,112
$3,470
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