1476 NEWPARK, Park City, UT 84098
2BD/—BA Residential in Park City, UT 84098. 1,011 sqft. Built 2008. Listed at $595,000. MLS #2171078.
2BD/—BA Residential in Park City, UT 84098. 1,011 sqft. Built 2008. Listed at $595,000. MLS #2171078.
Experience the best of Park City in this beautifully appointed 2-bed, 2-bath condo at Newpark Hotel! Enjoy mountain views from your private deck and hot tub, all while being steps from dining, shopping, trails, and the Swaner Nature Preserve. Just minutes to Deer Valley, Park City Mountain, and Woodward, with Salt Lake City International Airport only 30 minutes away. Owners and guests enjoy exceptional amenities including a year-round pool, sauna, fitness center, designated parking, and on-site management, making this the perfect mountain getaway, investment opportunity, or lock-and-leave retreat. Seller Financing is available. Seller has other units throughout the building they would consider selling.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
NEWPARK HOTEL
County
Summit
Zoning
Short Term Rental Allowed
Construction
Concrete,Frame,Metal Siding,Other
Lot Size
0.01 sq ft
Above Grade Area
1,011 sq ft
Condition
Blt./Standing
MLS #
2171078
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
NEWPARK HOTEL
County
Summit
Zoning
Short Term Rental Allowed
Construction
Concrete,Frame,Metal Siding,Other
Lot Size
0.01 sq ft
Above Grade Area
1,011 sq ft
Condition
Blt./Standing
MLS #
2171078
List Price
$595,000
HOA Fees
$4,072 / Quarterly
Annual Taxes
$3,241
Home Warranty
No
List Price
$595,000
HOA Fees
$4,072 / Quarterly
Annual Taxes
$3,241
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Flat
Flooring
Carpet,Tile
Basement
None
Materials
Concrete,Frame,Metal Siding,Other
Appliances
Dryer,Microwave,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Flat
Flooring
Carpet,Tile
Basement
None
Materials
Concrete,Frame,Metal Siding,Other
Appliances
Dryer,Microwave,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
97/100
vs Similar Homes
5% below
vs Market Median
21% below
Area Growth (YoY)
-1.7%
Deal Score Breakdown
97/100 · 2 qualifying signals
Priced 21% below the per-subtype city median
Priced 5% below the median of similar listings
-1.7% year-over-year ZHVI growth in this area
LT net cashflow -$3,255/mo (-59.4% return on ownership cost) · STR net cashflow -$4,393/mo (-80.2% 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
$2,528/mo
Range: $2,315 – $2,740
Net Monthly Cash Flow
−$3,255 /mo (−$39,056/yr)
Monthly rental income
Monthly ownership cost
Coverage
46%
Net /mo
−$3,255
DSCR
0.73
Est. Annual Revenue
$18,620/yr
$394/night · 39% occupancy · $133/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$4,394 /mo (−$52,728/yr)
Monthly STR income
Monthly ownership cost
Coverage
28%
Net /mo
−$4,393
DSCR
0.36
Elementary
Parley's ParkMiddle School
Ecker HillHigh School
Park CitySchool District
Park City
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$1,875,000
-68% vs median
75 days
640
$12,500 – $55,000,000
$3,241
$4,072/quarterly
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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