462 40, Providence, UT 84332
2BD/—BA Residential in Providence, UT 84332. 1,125 sqft. Built 2021. Listed at $265,000. MLS #2147732.
2BD/—BA Residential in Providence, UT 84332. 1,125 sqft. Built 2021. Listed at $265,000. MLS #2147732.
$265,000
Welcome to Providence Gateway living at it's best! This top-floor condo offers the added bonus of vaulted ceilings and an abundance of natural light, creating an open and airy feel throughout. Featuring 2 spacious bedrooms and 2 full bathrooms, this home is both comfortable and functional. Enjoy all the amenities this sought-after community has to offer, including a clubhouse, swimming pool, playground and more - perfect for relaxation and recreation right outside your door. Conveniently located near shopping, dining, parks, schools and easy access to the rest of town. This condo combines comfort with convenience. As the best-priced unit in the complex, this is an incredible opportunity for homeowners and investors alike. Priced to sell - don't miss your chance to make this home yours!
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
PROVIDENCE GATEWAY
County
Cache
Zoning
Multi-Family
Construction
Asphalt,Clapboard/Masonite,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,125 sq ft
Condition
Blt./Standing
MLS #
2147732
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
PROVIDENCE GATEWAY
County
Cache
Zoning
Multi-Family
Construction
Asphalt,Clapboard/Masonite,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,125 sq ft
Condition
Blt./Standing
MLS #
2147732
List Price
$265,000
HOA Fees
$270 / Monthly
Annual Taxes
$1,207
Home Warranty
No
List Price
$265,000
HOA Fees
$270 / Monthly
Annual Taxes
$1,207
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Asphalt,Clapboard/Masonite,Stucco
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Asphalt,Clapboard/Masonite,Stucco
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
1
Covered Spaces
1
Total Parking
3
Garage Spaces
1
Covered Spaces
1
Total Parking
3
Why this is a deal
Classification
Standard
Deal Score
70/100
vs Similar Homes
7% below
vs Market Median
6% below
Area Growth (YoY)
2.4%
Deal Score Breakdown
70/100 · 2 qualifying signals
Priced 7% below the median of similar listings
Priced 6% below the per-subtype city median
2.4% year-over-year ZHVI growth in this area
LT net cashflow -$422/mo (-20.6% return on ownership cost) · STR net cashflow -$1,273/mo (-62.3% 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
$1,844/mo
Range: $1,766 – $1,922
Net Monthly Cash Flow
−$421 /mo (−$5,057/yr)
Monthly rental income
Monthly ownership cost
Coverage
90%
Net /mo
−$422
DSCR
1.23
Est. Annual Revenue
$13,218/yr
$147/night · 54% occupancy · $52/bedroom · $0.11/sqft
Net Monthly Cash Flow
−$1,273 /mo (−$15,275/yr)
Monthly STR income
Monthly ownership cost
Coverage
54%
Net /mo
−$1,273
DSCR
0.58
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
16
Available Providers
$539,900
-51% vs median
58 days
48
$224,900 – $2,400,000
$1,207
$270/monthly
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