311 330, Orem, UT 84057
4BD/—BA Residential in Orem, UT 84057. 3,686 sqft. Built 1991. Listed at $549,500. MLS #2141603.
4BD/—BA Residential in Orem, UT 84057. 3,686 sqft. Built 1991. Listed at $549,500. MLS #2141603.
Property Description- Located in a 55+ community that is currently open to all buyers, this home offers a peaceful retreat with low utility costs and a quiet, well-maintained neighborhood. With updated appliances and major upgrades including a brand-new roof, furnace, and water heater, you can enjoy peace of mind with minimal maintenance. The HOA also provides the added convenience of RV parking. This condo features the ease of main-floor living along with a fully finished basement, offering plenty of space for both comfort and functionality. Large, spacious bedrooms and inviting gathering areas make it perfect for everyday living or hosting friends and family. Ideally located in a highly central area, you are just minutes from parks, dining, entertainment, and recreational activities. Enjoy breathtaking mountain views, serene sunsets, and a quiet backyard in a welcoming community that truly feels like home. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer to verify all.
Property Type
Residential
Property Style
Condominium
Architectural Style
Townhouse; Row-end
Stories
2
Subdivision
CORNERSTONE CONDO
County
Utah
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
1,901 sq ft
Condition
Blt./Standing
MLS #
2141603
Property Type
Residential
Property Style
Condominium
Architectural Style
Townhouse; Row-end
Stories
2
Subdivision
CORNERSTONE CONDO
County
Utah
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
1,901 sq ft
Condition
Blt./Standing
MLS #
2141603
List Price
$549,500
HOA Fees
$270 / Monthly
Annual Taxes
$2,254
Home Warranty
No
List Price
$549,500
HOA Fees
$270 / Monthly
Annual Taxes
$2,254
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Linoleum
Basement
Full
Materials
Aluminum,Brick
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Linoleum
Basement
Full
Materials
Aluminum,Brick
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
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
100/100
vs Similar Homes
73% above
vs Market Median
5% above
Area Growth (YoY)
5.9%
Deal Score Breakdown
100/100 · 2 qualifying signals
LT net cashflow +$1,938/mo (+48.8% return on ownership cost) · STR net cashflow -$456/mo (-11.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
5.9% year-over-year ZHVI growth in this area
Priced 5% above the per-subtype city median
Priced 73% above the median of similar listings
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
$6,716/mo
Range: $5,597 – $7,836
Net Monthly Cash Flow
+$1,938 /mo (+$23,256/yr)
Monthly rental income
Monthly ownership cost
Coverage
169%
Net /mo
+$1,938
DSCR
2.12
Est. Annual Revenue
$60,280/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$455 /mo (−$5,456/yr)
Monthly STR income
Monthly ownership cost
Coverage
127%
Net /mo
−$456
DSCR
1.26
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$502,000
+9% vs median
52 days
161
$249,000 – $3,150,000
$2,254
$270/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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