125 870, Orem, UT 84057
2BD/—BA Residential in Orem, UT 84057. 1,288 sqft. Built 1998. Listed at $349,000. MLS #2122516.
2BD/—BA Residential in Orem, UT 84057. 1,288 sqft. Built 1998. Listed at $349,000. MLS #2122516.
Welcome to this well-kept (newly remodeled) split-entry condo located in the desirable Chase Lane community! This condo has two bedrooms, one full bath, and 1,288 total square feet, and is perfect for first-time buyers, investors, or anyone looking for low-maintenance living in a prime location. Situated just minutes from I-15, shopping centers, public transportation, and local schools, including Timpanogos High School, this home puts you in the middle of everything Orem offers. Enjoy nearby parks, a community playground, and mountain views in a quiet, well-maintained neighborhood. Visitor parking is available on the northwestern side of the parking lot.
Property Type
Residential
Property Style
Condominium
Architectural Style
Split-Entry/Bi-Level
Stories
2
Subdivision
CHASE LANE
County
Utah
Zoning
Single-Family
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
1,288 sq ft
Condition
Blt./Standing
MLS #
2122516
Property Type
Residential
Property Style
Condominium
Architectural Style
Split-Entry/Bi-Level
Stories
2
Subdivision
CHASE LANE
County
Utah
Zoning
Single-Family
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
1,288 sq ft
Condition
Blt./Standing
MLS #
2122516
List Price
$349,000
HOA Fees
$130 / Monthly
Annual Taxes
$1,270
Home Warranty
No
List Price
$349,000
HOA Fees
$130 / Monthly
Annual Taxes
$1,270
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
None
Materials
Aluminum,Brick
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
None
Materials
Aluminum,Brick
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
0
Total Parking
2
Covered Spaces
0
Total Parking
2
Why this is a deal
Classification
Strong Cash FlowDeal Score
70/100
vs Similar Homes
18% above
vs Market Median
21% above
Area Growth (YoY)
5.3%
Deal Score Breakdown
70/100 · 2 qualifying signals
LT net cashflow +$160/mo (+6.5% return on ownership cost) · STR net cashflow -$1,069/mo (-43.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
5.3% year-over-year ZHVI growth in this area
Priced 18% above the median of similar listings
Priced 21% above the per-subtype city median
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
$2,969/mo
Range: $2,737 – $3,202
Net Monthly Cash Flow
+$160 /mo (+$1,919/yr)
Monthly rental income
Monthly ownership cost
Coverage
121%
Net /mo
+$160
DSCR
1.49
Est. Annual Revenue
$23,727/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,070 /mo (−$12,838/yr)
Monthly STR income
Monthly ownership cost
Coverage
81%
Net /mo
−$1,069
DSCR
0.79
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$510,000
-32% vs median
49 days
168
$249,500 – $5,195,000
$1,270
$130/monthly
Moderate
9.5
per 1,000
25.1
per 1,000
9.6
per 1,000
44.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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