3371 HONEYCUT, Millcreek, UT 84106
3BD/—BA Residential in Millcreek, UT 84106. 2,400 sqft. Built 1972. Listed at $580,000. MLS #2128864.
3BD/—BA Residential in Millcreek, UT 84106. 2,400 sqft. Built 1972. Listed at $580,000. MLS #2128864.
2% concessions available! Welcome home to this updated Millcreek condo featuring warm wood floors, plush new carpet, and a bright, functional layout. Unwind in your private sauna, take advantage of great HOA amenities, and enjoy being close to anything you need. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
2
Subdivision
CAPSTONE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,200 sq ft
Condition
Blt./Standing
MLS #
2128864
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
2
Subdivision
CAPSTONE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,200 sq ft
Condition
Blt./Standing
MLS #
2128864
List Price
$580,000
Original Price
$599,000
HOA Fees
$400 / Monthly
Annual Taxes
$3,169
Home Warranty
No
List Price
$580,000
Original Price
$599,000
HOA Fees
$400 / Monthly
Annual Taxes
$3,169
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick
Appliances
Ceiling Fan,Gas Grill/BBQ,Microwave,Refrigerator
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick
Appliances
Ceiling Fan,Gas Grill/BBQ,Microwave,Refrigerator
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
45/100
vs Similar Homes
57% above
vs Market Median
3% above
Price Reduced
3.2%
Area Growth (YoY)
0.3%
Deal Score Breakdown
45/100
3% price reduction from original list — seller may be motivated
LT net cashflow -$46/mo (-1.1% return on ownership cost) · STR net cashflow -$1,789/mo (-40.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 3% above the per-subtype city median
Priced 57% above the median of similar listings
0.3% year-over-year ZHVI growth in this area
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
$4,917/mo
Range: $2,968 – $6,867
Net Monthly Cash Flow
−$46 /mo (−$555/yr)
Monthly rental income
Monthly ownership cost
Coverage
112%
Net /mo
−$46
DSCR
1.47
Est. Annual Revenue
$44,303/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,789 /mo (−$21,472/yr)
Monthly STR income
Monthly ownership cost
Coverage
84%
Net /mo
−$1,789
DSCR
0.88
$632,700
-8% vs median
51 days
110
$230,000 – $5,295,000
$3,169
$400/monthly
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents