3371 HONEYCUT, Millcreek, UT 84106
3BD/—BA Residential in Millcreek, UT 84106. 2,400 sqft. Built 1972. Listed at $565,000. MLS #2128864.
3BD/—BA Residential in Millcreek, UT 84106. 2,400 sqft. Built 1972. Listed at $565,000. 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
$565,000
Original Price
$599,000
HOA Fees
$400 / Monthly
Annual Taxes
$3,169
Home Warranty
No
List Price
$565,000
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
Why this is a deal
Classification
Strong Cash FlowDeal Score
60/100
vs Similar Homes
53% above
vs Market Median
0% above
Price Reduced
5.7%
Area Growth (YoY)
0.0%
Deal Score Breakdown
60/100 · 1 qualifying signal
6% price reduction from original list — seller may be motivated
LT net cashflow +$35/mo (+0.8% return on ownership cost) · STR net cashflow -$1,730/mo (-40.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 0% above the per-subtype city median
Priced 53% above the median of similar listings
0.0% 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
$4,873/mo
Range: $2,714 – $7,032
Net Monthly Cash Flow
+$34 /mo (+$413/yr)
Monthly rental income
Monthly ownership cost
Coverage
115%
Net /mo
+$35
DSCR
1.51
Est. Annual Revenue
$43,259/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,730 /mo (−$20,756/yr)
Monthly STR income
Monthly ownership cost
Coverage
85%
Net /mo
−$1,730
DSCR
0.89
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$650,000
-13% vs median
39 days
119
$214,000 – $4,495,000
$3,169
$400/monthly
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