1508 1335, Orem, UT 84057
2BD/—BA Residential in Orem, UT 84057. 867 sqft. Built 1998. Listed at $260,000. MLS #2168883.
2BD/—BA Residential in Orem, UT 84057. 867 sqft. Built 1998. Listed at $260,000. MLS #2168883.
Warning: This Condo May Cause Financial Common Sense. Tired of scrolling past homes that require a winning lottery ticket and a second mortgage on your sanity? Meet your match. This adorable 2-bedroom condo in the heart of Utah County proves you can have a great location, community pool, covered balcony, and money left over for tacos. Inside, you'll find 2 comfortable bedrooms, a full bath, and an extra vanity area that's perfect for avoiding the age-old debate of "Are you almost done in there?" Morning traffic jams just got a lot less dramatic. Outside, your covered balcony offers front-row seats to Utah's spectacular sunsets-no reservations required. And when summer temperatures start climbing, the community pool is ready for cannonballs, relaxation, or your best attempt at looking athletic while floating on an inflatable flamingo. Located close to shopping, dining, recreation, and everything that makes Utah County such a sought-after place to live, this condo delivers the three things buyers love most: location, lifestyle, and a payment that won't make you cry. Cute? Absolutely. Convenient? You bet. Overpriced? Not on its life. Come see why this condo is the real estate equivalent of finding extra fries at the bottom of the bag !! May qualify for first time home buyer grants--Ask for more info.!! Buyer/Broker to verify all to buyer's satisfaction.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
WESTON CONDO
County
Utah
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.02 sq ft
Above Grade Area
867 sq ft
Condition
Blt./Standing
MLS #
2168883
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
WESTON CONDO
County
Utah
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.02 sq ft
Above Grade Area
867 sq ft
Condition
Blt./Standing
MLS #
2168883
List Price
$260,000
HOA Fees
$210 / Monthly
Annual Taxes
$1,085
Home Warranty
No
List Price
$260,000
HOA Fees
$210 / Monthly
Annual Taxes
$1,085
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Brick,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Brick,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
1
Total Parking
3
Covered Spaces
1
Total Parking
3
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
10% below
vs Market Median
5% below
Area Growth (YoY)
3.3%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 10% below the median of similar listings
Priced 5% below the per-subtype city median
3.3% year-over-year ZHVI growth in this area
LT net cashflow -$1,095/mo (-56.1% return on ownership cost) · STR net cashflow -$861/mo (-44.1% 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
$974/mo
Range: $838 – $1,111
Net Monthly Cash Flow
−$1,095 /mo (−$13,143/yr)
Monthly rental income
Monthly ownership cost
Coverage
50%
Net /mo
−$1,095
DSCR
0.66
Est. Annual Revenue
$18,711/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$861 /mo (−$10,332/yr)
Monthly STR income
Monthly ownership cost
Coverage
80%
Net /mo
−$861
DSCR
0.84
$510,000
-49% vs median
49 days
167
$249,500 – $5,195,000
$1,085
$210/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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