874 SCHNEITTER, Midway, UT 84049
2BD/—BA Residential in Midway, UT 84049. 1,074 sqft. Built 1986. Listed at $495,000. MLS #2131424.
2BD/—BA Residential in Midway, UT 84049. 1,074 sqft. Built 1986. Listed at $495,000. MLS #2131424.
Nestled in the quiet town of Midway, this cozy condo is designed for easy retreat and relaxation. The recently remodeled two bedroom, two bathroom residence features updated flooring, appliances, bathrooms, paint, and lighting, creating a bright and refreshed feel throughout. A detached garage provides generous storage, while the community offers outstanding amenities including a large clubhouse with fitness area, indoor spa, indoor basketball court, game rooms, tennis and pickleball courts, and playgrounds. Ideally located for year round recreation, the property is just 20 minutes from the Jordanelle Gondola at Deer Valley East, 30 minutes to Park City Main Street, and 50 minutes to Salt Lake City International Airport. Some listing photos have been digitally staged.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
SWISS OAKS CONDOS PLAT A
County
Wasatch
Zoning
Multi-Family
Construction
Asphalt,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,074 sq ft
Condition
Blt./Standing
MLS #
2131424
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
SWISS OAKS CONDOS PLAT A
County
Wasatch
Zoning
Multi-Family
Construction
Asphalt,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,074 sq ft
Condition
Blt./Standing
MLS #
2131424
List Price
$495,000
HOA Fees
$450 / Monthly
Annual Taxes
$2,096
Home Warranty
No
List Price
$495,000
HOA Fees
$450 / Monthly
Annual Taxes
$2,096
Home Warranty
No
Heating
Forced Air,Gas: Central
Roof
Asphalt
Flooring
Hardwood,Laminate,Tile
Basement
None
Materials
Asphalt,Stucco
Appliances
Dryer,Freezer,Microwave,Refrigerator,Washer
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Roof
Asphalt
Flooring
Hardwood,Laminate,Tile
Basement
None
Materials
Asphalt,Stucco
Appliances
Dryer,Freezer,Microwave,Refrigerator,Washer
Sewer
Sewer: Connected
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
100/100
vs Similar Homes
32% above
vs Market Median
38% below
Area Growth (YoY)
0.1%
Deal Score Breakdown
100/100 · 1 qualifying signal
Priced 38% below the per-subtype city median
Priced 32% above the median of similar listings
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$1,770/mo (-46.7% return on ownership cost) · STR net cashflow -$2,732/mo (-72.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$2,298/mo
Range: $1,772 – $2,825
Net Monthly Cash Flow
−$1,771 /mo (−$21,250/yr)
Monthly rental income
Monthly ownership cost
Coverage
61%
Net /mo
−$1,770
DSCR
0.81
Est. Annual Revenue
$18,178/yr
$173/night · 37% occupancy · $130/bedroom · $0.20/sqft
Net Monthly Cash Flow
−$2,732 /mo (−$32,784/yr)
Monthly STR income
Monthly ownership cost
Coverage
40%
Net /mo
−$2,732
DSCR
0.42
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,050,000
-53% vs median
115 days
98
$189,000 – $6,990,000
$2,096
$450/monthly
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Devin Tanner - Utah Realtor

Daryn Edmunds - High Road Properties
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