260 400, Orem, UT 84057
2BD/—BA Residential in Orem, UT 84057. 831 sqft. Built 1995. Listed at $289,000. MLS #2155014.
2BD/—BA Residential in Orem, UT 84057. 831 sqft. Built 1995. Listed at $289,000. MLS #2155014.
Welcome to your charming new home in Orem, UT! This inviting condo features two spacious bedrooms and a beautifully updated bathroom. Filled with natural light and an open-concept layout, the space is perfect for both relaxing and entertaining. The home has been thoughtfully updated throughout, including a recently remodeled shower that adds a touch of modern elegance and comfort. Step outside to enjoy a peaceful community with mature trees and a playground. You'll also appreciate convenient amenities like in-unit laundry and dedicated parking. Ideally located near shopping, dining, and everyday essentials, this home offers the perfect blend of comfort and convenience. Don't miss this fantastic opportunity to own in a desirable neighborhood! 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
THE BOULEVARD CONDO
County
Utah
Zoning
Single-Family
Lot Size
0.02 sq ft
Above Grade Area
831 sq ft
Condition
Blt./Standing
MLS #
2155014
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
THE BOULEVARD CONDO
County
Utah
Zoning
Single-Family
Lot Size
0.02 sq ft
Above Grade Area
831 sq ft
Condition
Blt./Standing
MLS #
2155014
List Price
$289,000
HOA Fees
$165 / Monthly
Annual Taxes
$1,500
Home Warranty
No
List Price
$289,000
HOA Fees
$165 / Monthly
Annual Taxes
$1,500
Home Warranty
No
Heating
Radiant Floor
Cooling
Evaporative Cooling
Roof
Asphalt
Flooring
Carpet
Basement
None
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Radiant Floor
Cooling
Evaporative Cooling
Roof
Asphalt
Flooring
Carpet
Basement
None
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Covered Spaces
0
Total Parking
2
Covered Spaces
0
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
62/100
vs Similar Homes
4% above
vs Market Median
10% above
Area Growth (YoY)
5.9%
Deal Score Breakdown
62/100 · 1 qualifying signal
5.9% year-over-year ZHVI growth in this area
Priced 4% above the median of similar listings
Priced 10% above the per-subtype city median
LT net cashflow -$1,232/mo (-58.2% return on ownership cost) · STR net cashflow -$1,025/mo (-48.5% 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
$1,004/mo
Range: $837 – $1,171
Net Monthly Cash Flow
−$1,231 /mo (−$14,777/yr)
Monthly rental income
Monthly ownership cost
Coverage
48%
Net /mo
−$1,232
DSCR
0.61
Est. Annual Revenue
$18,689/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,025 /mo (−$12,300/yr)
Monthly STR income
Monthly ownership cost
Coverage
74%
Net /mo
−$1,025
DSCR
0.76
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$502,000
-42% vs median
52 days
161
$249,000 – $3,150,000
$1,500
$165/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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