1940 PROSPECTOR, Park City, UT 84060
1BD/—BA Residential in Park City, UT 84060. 490 sqft. Built 1988. Listed at $400,000. MLS #2166438.
1BD/—BA Residential in Park City, UT 84060. 490 sqft. Built 1988. Listed at $400,000. MLS #2166438.
Top-floor Carriage House condo in Park City's Prospector Square with a quiet pool-facing setting and easy access to Park City's four-season lifestyle. Thoughtfully updated and offered furnished, this residence is well suited as a full-time home, a mountain getaway, or an investment property, nightly rental allowed. Recent improvements include new flooring, updated bathroom, refreshed kitchen, new appliances, countertops, electric fireplace, water heater, lighting, and furniture, creating a comfortable interior ready for immediate enjoyment. The condo provides unbeatable walkable proximity to dining, shops, cafes, and the hiking/biking trail system. The free Park City transit system is out your front door for quick connections to Historic Main Street, Park City Mountain, Deer Valley, festivals, hiking, biking, golf, and the broader trail network. Carriage House amenities include a heated outdoor pool, indoor spa, common laundry facilities, storage lockers, secure building access, elevator service, and parking passes.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
CARRIAGE HOUSE
County
Summit
Zoning
Multi-Family
Construction
Stone,Other
Lot Size
0.01 sq ft
Above Grade Area
490 sq ft
Condition
Blt./Standing
MLS #
2166438
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
CARRIAGE HOUSE
County
Summit
Zoning
Multi-Family
Construction
Stone,Other
Lot Size
0.01 sq ft
Above Grade Area
490 sq ft
Condition
Blt./Standing
MLS #
2166438
List Price
$400,000
HOA Fees
$430 / Monthly
Annual Taxes
$2,105
Home Warranty
No
List Price
$400,000
HOA Fees
$430 / Monthly
Annual Taxes
$2,105
Home Warranty
No
Heating
Electric,Wall Furnace
Roof
Asphalt
Basement
None
Materials
Stone,Other
Appliances
Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Electric,Wall Furnace
Roof
Asphalt
Basement
None
Materials
Stone,Other
Appliances
Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Classification
Standard
Deal Score
50/100
vs Similar Homes
15% above
vs Market Median
1% below
Area Growth (YoY)
-2.2%
Deal Score Breakdown
50/100
Priced 1% below the per-subtype city median
Priced 15% above the median of similar listings
-2.2% year-over-year ZHVI growth in this area
LT net cashflow -$1,374/mo (-43.7% return on ownership cost) · STR net cashflow -$2,025/mo (-64.4% 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.
Monthly Rent
$2,014/mo
Range: $1,021 – $3,007
Net Monthly Cash Flow
−$1,375 /mo (−$16,496/yr)
Monthly rental income
Monthly ownership cost
Coverage
64%
Net /mo
−$1,374
DSCR
0.88
Est. Annual Revenue
$19,225/yr
$625/night · 37% occupancy · $239/bedroom · $1.00/sqft
Net Monthly Cash Flow
−$2,025 /mo (−$24,295/yr)
Monthly STR income
Monthly ownership cost
Coverage
51%
Net /mo
−$2,025
DSCR
0.56
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,875,000
-79% vs median
77 days
616
$24,900 – $55,000,000
$2,105
$430/monthly
High Crime
16.7
per 1,000
33.8
per 1,000
7.4
per 1,000
57.9
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Daryn Edmunds - High Road Properties

Devin Tanner - Utah Realtor

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