1140 950, Orem, UT 84058
2BD/—BA Residential in Orem, UT 84058. 950 sqft. Built 2023. Listed at $288,900. MLS #2138012.
2BD/—BA Residential in Orem, UT 84058. 950 sqft. Built 2023. Listed at $288,900. MLS #2138012.
$288,900
An excellent opportunity for first-time homebuyers with strong future investment potential. Experience pristine living in this immaculate middle-level 2-bedroom, 1-bath condo-perfectly positioned for comfort and convenience. Not too high and not on the ground level, this ideal placement offers easy access, added privacy, and a comfortable living experience. The home feels and looks like new construction and features beautiful views of Utah Lake and the surrounding mountains. Ideally located just minutes from Walmart, UVU, and freeway access, 10 minutes to BYU, and under 15 minutes to Lehi, this condo delivers the perfect balance of accessibility, tranquility, and lifestyle. Don't miss this exceptional opportunity.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
VILLA D'ESTE II
County
Utah
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.02 sq ft
Above Grade Area
950 sq ft
Condition
Blt./Standing
MLS #
2138012
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
VILLA D'ESTE II
County
Utah
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.02 sq ft
Above Grade Area
950 sq ft
Condition
Blt./Standing
MLS #
2138012
List Price
$288,900
HOA Fees
$115 / Monthly
Annual Taxes
$1,000
Home Warranty
Yes
List Price
$288,900
HOA Fees
$115 / Monthly
Annual Taxes
$1,000
Home Warranty
Yes
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Vinyl
Basement
None,Slab
Materials
Brick,Stucco
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Vinyl
Basement
None,Slab
Materials
Brick,Stucco
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Covered Spaces
1
Total Parking
3
Covered Spaces
1
Total Parking
3
Classification
Standard
Deal Score
50/100
vs Similar Homes
4% above
vs Market Median
3% below
Area Growth (YoY)
3.9%
Deal Score Breakdown
50/100
Priced 3% below the per-subtype city median
3.9% year-over-year ZHVI growth in this area
Priced 4% above the median of similar listings
LT net cashflow -$904/mo (-44.2% return on ownership cost) · STR net cashflow -$865/mo (-42.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$1,298/mo
Range: $777 – $1,819
Net Monthly Cash Flow
−$904 /mo (−$10,847/yr)
Monthly rental income
Monthly ownership cost
Coverage
63%
Net /mo
−$904
DSCR
0.78
Est. Annual Revenue
$20,252/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$864 /mo (−$10,371/yr)
Monthly STR income
Monthly ownership cost
Coverage
83%
Net /mo
−$865
DSCR
0.81
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$502,000
-42% vs median
52 days
161
$249,000 – $3,150,000
$1,000
$115/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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