3373 HONEYCUT, Millcreek, UT 84106
3BD/—BA Residential in Millcreek, UT 84106. 2,400 sqft. Built 1972. Listed at $574,900. MLS #2157584.
3BD/—BA Residential in Millcreek, UT 84106. 2,400 sqft. Built 1972. Listed at $574,900. MLS #2157584.
GET A LOWER INTEREST RATE - SELLER IS OFFERING a 2:1 BUYDOWN or $13,000 toward CLOSING COSTS when you use our preferred lender ...***... Beautifully UPDATED MAIN-LEVEL LIVING HOME, nestled in a sought after EAST MILLCREEK community! BRAND NEW FLOORING and PAINT throughout. BRAND NEW KITCHEN FINISHES, including Cabinets, Countertops, and Appliances. UPDATED Bathrooms, as well as UPDATED Lighting and Plumbing Fixtures. The detached 2-CAR GARAGE provides plenty of room for your cars and storage. TWO Primary Bedrooms, one on the main level and one downstairs, both featuring an Ensuite Bathroom. BONUS OFFICE ROOM downstairs, perfect for working from home. Potential space for a SECOND KITCHEN downstairs. The downstairs WET BAR is a great spot for hosting fun game nights with friends and family. The PRIVATE PATIO is fully fenced and secluded with mature trees, creating your own oasis for relaxation. LOCATION is unbeatable!! With quick access to both MILLCREEK CANYON and BIG COTTONWOOD CANYON, you're close to hiking, skiing, and Utah's outdoor lifestyle. Near both public and charter school options, including highly regarded Olympus High School. Tucked into a quiet East Millcreek residential area while still being only 15-20 minutes from DOWNTOWN SALT LAKE and the UNIVERSITY area. This is the home you've been looking for - come see it today! Photos are virtually staged. Information is provided as a courtesy. Buyers are advised to see the home in person, obtain their own measurements, and verify all information.
Property Type
Residential
Property Style
Condominium
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
CAPSTONE PHASE #2
County
Salt Lake
Zoning
Single-Family, Multi-Family
Construction
Brick,Cedar
Lot Size
0.01 sq ft
Above Grade Area
1,200 sq ft
Condition
Blt./Standing
MLS #
2157584
Property Type
Residential
Property Style
Condominium
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
CAPSTONE PHASE #2
County
Salt Lake
Zoning
Single-Family, Multi-Family
Construction
Brick,Cedar
Lot Size
0.01 sq ft
Above Grade Area
1,200 sq ft
Condition
Blt./Standing
MLS #
2157584
List Price
$574,900
Original Price
$575,000
HOA Fees
$400 / Monthly
Annual Taxes
$3,343
Home Warranty
No
List Price
$574,900
Original Price
$575,000
HOA Fees
$400 / Monthly
Annual Taxes
$3,343
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Brick,Cedar
Appliances
Ceiling Fan,Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Private
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Brick,Cedar
Appliances
Ceiling Fan,Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Private
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Strong Cash FlowDeal Score
55/100
vs Similar Homes
56% above
vs Market Median
3% above
Price Reduced
0.0%
Area Growth (YoY)
0.3%
Deal Score Breakdown
55/100
LT net cashflow +$17/mo (+0.4% return on ownership cost) · STR net cashflow -$1,726/mo (-40.0% 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
0% price reduction from original list — seller may be motivated
Priced 56% 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
+$17 /mo (+$205/yr)
Monthly rental income
Monthly ownership cost
Coverage
114%
Net /mo
+$17
DSCR
1.51
Est. Annual Revenue
$44,303/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,726 /mo (−$20,712/yr)
Monthly STR income
Monthly ownership cost
Coverage
86%
Net /mo
−$1,726
DSCR
0.90
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$632,700
-9% vs median
52 days
105
$230,000 – $5,295,000
$3,343
$400/monthly
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Daryn Edmunds - High Road Properties

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Devin Tanner - Utah Realtor
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