215 1050, Provo, UT 84601
3BD/—BA Residential in Provo, UT 84601. 1,082 sqft. Built 1996. Listed at $278,500. MLS #2139004.
3BD/—BA Residential in Provo, UT 84601. 1,082 sqft. Built 1996. Listed at $278,500. MLS #2139004.
Come see this top floor condo conveniently located 2 minutes from I-15, shopping, and both Brigham Young and Utah Valley Universities. This well kept 3 bedroom, 1 3/4 bath unit features vaulted ceilings in the main living area and master, a large master bedroom with separate bath and private balcony with west facing views. Brand new carpet, LVP floors and trim. Well kept grounds with playground, basketball, dog park, and green space. 2 parking spaces, one covered and one uncovered, with additional parking available for purchase.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
FRANKLIN PARK CONDO
County
Utah
Zoning
Single-Family
Construction
Stucco
Lot Size
0.03 sq ft
Above Grade Area
1,082 sq ft
Condition
Blt./Standing
MLS #
2139004
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
FRANKLIN PARK CONDO
County
Utah
Zoning
Single-Family
Construction
Stucco
Lot Size
0.03 sq ft
Above Grade Area
1,082 sq ft
Condition
Blt./Standing
MLS #
2139004
List Price
$278,500
Original Price
$289,500
HOA Fees
$220 / Monthly
Annual Taxes
$1,550
Home Warranty
Yes
List Price
$278,500
Original Price
$289,500
HOA Fees
$220 / Monthly
Annual Taxes
$1,550
Home Warranty
Yes
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Stucco
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Stucco
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
1
Total Parking
2
Covered Spaces
1
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
82/100
vs Similar Homes
10% above
vs Market Median
20% below
Price Reduced
3.8%
Area Growth (YoY)
3.0%
Deal Score Breakdown
82/100 · 1 qualifying signal
Priced 20% below the per-subtype city median
4% price reduction from original list — seller may be motivated
3.0% year-over-year ZHVI growth in this area
Priced 10% above the median of similar listings
LT net cashflow -$600/mo (-28.5% return on ownership cost) · STR net cashflow -$1,019/mo (-48.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$1,713/mo
Range: $993 – $2,434
Net Monthly Cash Flow
−$601 /mo (−$7,216/yr)
Monthly rental income
Monthly ownership cost
Coverage
81%
Net /mo
−$600
DSCR
1.09
Est. Annual Revenue
$18,670/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,018 /mo (−$12,222/yr)
Monthly STR income
Monthly ownership cost
Coverage
74%
Net /mo
−$1,019
DSCR
0.78
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$475,000
-41% vs median
62 days
182
$189,900 – $43,000,000
$1,550
$220/monthly
Moderate
7.5
per 1,000
22.4
per 1,000
12.2
per 1,000
42.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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