1323 4500, Millcreek, UT 84117
3BD/—BA Residential in Millcreek, UT 84117. 1,782 sqft. Built 1996. Listed at $391,800. MLS #2143214.
3BD/—BA Residential in Millcreek, UT 84117. 1,782 sqft. Built 1996. Listed at $391,800. MLS #2143214.
Completely updated and spacious Millcreek condo in a prime location close to shopping, dining, transit access, top-rated schools, freeway access. This large 3-bedroom unit offers 1,782 sq ft with an open layout that flows comfortably between living spaces. The updated kitchen features new appliances. The primary suite is conveniently located off the main living area and includes its own bathroom and walk-in closet, while the additional bedrooms are generously sized. Enjoy access to the community pool just in time for summer. A great option for a primary residence or investment property. 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
1
Subdivision
CAPRICE PLAZA CONDOMINIUMS
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,782 sq ft
Condition
Blt./Standing
MLS #
2143214
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
CAPRICE PLAZA CONDOMINIUMS
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,782 sq ft
Condition
Blt./Standing
MLS #
2143214
List Price
$391,800
Original Price
$399,900
HOA Fees
$440 / Monthly
Annual Taxes
$2,735
Home Warranty
No
List Price
$391,800
Original Price
$399,900
HOA Fees
$440 / Monthly
Annual Taxes
$2,735
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
None
Materials
Brick,Stucco
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
None
Materials
Brick,Stucco
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
1
Covered Spaces
2
Total Parking
2
Garage Spaces
1
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
30/100
vs Similar Homes
8% above
vs Market Median
1% above
Price Reduced
2.0%
Area Growth (YoY)
1.0%
Deal Score Breakdown
30/100
Priced 1% above the per-subtype city median
2% price reduction from original list — seller may be motivated
1.0% year-over-year ZHVI growth in this area
LT net cashflow -$457/mo (-14.4% return on ownership cost) · STR net cashflow -$1,012/mo (-31.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 8% above the median of similar listings
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
$3,087/mo
Range: $2,254 – $3,920
Net Monthly Cash Flow
−$457 /mo (−$5,478/yr)
Monthly rental income
Monthly ownership cost
Coverage
97%
Net /mo
−$457
DSCR
1.37
Est. Annual Revenue
$37,056/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,012 /mo (−$12,138/yr)
Monthly STR income
Monthly ownership cost
Coverage
97%
Net /mo
−$1,012
DSCR
1.09
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$632,700
-38% vs median
51 days
110
$230,000 – $5,295,000
$2,735
$440/monthly
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