689 4149, Millcreek, UT 84107
3BD/—BA Residential in Millcreek, UT 84107. 2,800 sqft. Built 1975. Listed at $575,000. MLS #2051112.
3BD/—BA Residential in Millcreek, UT 84107. 2,800 sqft. Built 1975. Listed at $575,000. MLS #2051112.
MOVE IN READY! Nestled within the highly sought-after Lexington Village at Old Farm, this spacious rambler-style residence offers a peaceful setting surrounded by beautifully landscaped grounds, scenic ponds, expansive green spaces, tennis and pickleball courts, an impressive indoor pool, clubhouses, and a fitness center. Main floor has NEW beige carpet and freshly painted walls. A thoughtfully designed floor plan featuring custom woodwork, abundant natural light, and a climate-controlled atrium terrace complete with heating, air conditioning, and sound. Generous living and dining areas provide excellent space for everyday living and entertaining. The well-appointed Galley kitchen showcases solid surface countertops, custom-crafted cabinetry, and ample storage. Main-floor laundry adds convenience. The primary suite offers a spa-inspired bath. A second main-floor room, complete with built-ins and a cozy fireplace, serves perfectly as a den, office, or additional bedroom. The finished lower level is perfect for entertaining, featuring a large vintage recreation room with rich wood accents, decorative columns, Chanter Crystal lighting and a custom wet bar, plus a guest suite, cedar closet, and abundant storage. Additional highlights include an intercom system, security alarm, and a heated and cooled two-car garage with custom storage and a 220V outlet. HOA FEE COVERS MANY UTILITIES & AMENITIES! Buyer and buyers agent to verify all information
Property Type
Residential
Property Style
Condominium
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
LEXINGTON VILLAGE AT OLD FARM
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Frame
Lot Size
0.01 sq ft
Above Grade Area
1,400 sq ft
Condition
Blt./Standing
MLS #
2051112
Property Type
Residential
Property Style
Condominium
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
LEXINGTON VILLAGE AT OLD FARM
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Frame
Lot Size
0.01 sq ft
Above Grade Area
1,400 sq ft
Condition
Blt./Standing
MLS #
2051112
List Price
$575,000
HOA Fees
$653 / Monthly
Annual Taxes
$2,780
Home Warranty
No
List Price
$575,000
HOA Fees
$653 / Monthly
Annual Taxes
$2,780
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Partial
Materials
Brick,Frame
Appliances
Ceiling Fan,Microwave,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Partial
Materials
Brick,Frame
Appliances
Ceiling Fan,Microwave,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Strong Cash FlowDeal Score
80/100
vs Similar Homes
90% above
vs Market Median
2% above
Area Growth (YoY)
1.6%
Deal Score Breakdown
80/100 · 1 qualifying signal
LT net cashflow +$844/mo (+18.6% return on ownership cost) · STR net cashflow -$1,770/mo (-39.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 2% above the per-subtype city median
1.6% year-over-year ZHVI growth in this area
Priced 90% 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
$6,116/mo
Range: $4,413 – $7,819
Net Monthly Cash Flow
+$844 /mo (+$10,132/yr)
Monthly rental income
Monthly ownership cost
Coverage
135%
Net /mo
+$844
DSCR
1.86
Est. Annual Revenue
$47,451/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,769 /mo (−$21,233/yr)
Monthly STR income
Monthly ownership cost
Coverage
87%
Net /mo
−$1,770
DSCR
0.96
Elementary
James E. MossMiddle School
BonnevilleHigh School
CottonwoodSchool District
Granite
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$650,000
-12% vs median
39 days
118
$214,000 – $4,250,000
$2,780
$653/monthly
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