1221 WATERSIDE CV #11, Midvale, UT 84047
2BD/—BA Residential in Midvale, UT 84047. 850 sqft. Built 1985. Listed at $289,000. MLS #2168275.
2BD/—BA Residential in Midvale, UT 84047. 850 sqft. Built 1985. Listed at $289,000. MLS #2168275.
The Perfect Cottonwood Canyon Launchpad. Welcome home to this meticulously updated, main-floor condo in the highly sought-after Fort Union area. This home offers 2 full baths and New Air Conditioner providing maximum comfort and privacy for roommates or guests. Positioned under the canopy of a gorgeous, mature trees in a peaceful, quiet development, you are steps away from the community pool, clubhouse, and picnic/BBQ areas. When you do venture out, you're minutes away from world-class ski resorts via Big and Little Cottonwood Canyons, with instant access to I-215, Trader Joe's, Whole Foods, and your morning Starbucks. Updated, spacious, and centrally located-Book your tour today!
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
WATERSIDE
County
Salt Lake
Zoning
Multi-Family
Lot Size
0.01 sq ft
Above Grade Area
850 sq ft
Condition
Blt./Standing
MLS #
2168275
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
WATERSIDE
County
Salt Lake
Zoning
Multi-Family
Lot Size
0.01 sq ft
Above Grade Area
850 sq ft
Condition
Blt./Standing
MLS #
2168275
List Price
$289,000
HOA Fees
$228
Annual Taxes
$1,498
Home Warranty
No
List Price
$289,000
HOA Fees
$228
Annual Taxes
$1,498
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Basement
Slab
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Cooling
Central Air
Basement
Slab
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Classification
Standard
Deal Score
50/100
vs Similar Homes
1% below
vs Market Median
1% below
Area Growth (YoY)
1.4%
Deal Score Breakdown
50/100
Priced 1% below the median of similar listings
Priced 1% below the per-subtype city median
LT net cashflow -$111/mo (-5.1% return on ownership cost) · STR net cashflow -$1,110/mo (-50.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
1.4% year-over-year ZHVI growth in this area
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
$2,361/mo
Range: $2,055 – $2,667
Net Monthly Cash Flow
−$111 /mo (−$1,331/yr)
Monthly rental income
Monthly ownership cost
Coverage
108%
Net /mo
−$111
DSCR
1.43
Est. Annual Revenue
$18,490/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,110 /mo (−$13,321/yr)
Monthly STR income
Monthly ownership cost
Coverage
70%
Net /mo
−$1,110
DSCR
0.74
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$449,900
-36% vs median
48 days
99
$250,000 – $850,000
$1,498
$228/mo
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