580 CHERRY RIDGE LN, Richmond, UT 84333
9BD/—BA Residential in Richmond, UT 84333. 4,571 sqft. Built 2007. Listed at $759,000. MLS #2144624.
9BD/—BA Residential in Richmond, UT 84333. 4,571 sqft. Built 2007. Listed at $759,000. MLS #2144624.
[Richmond Black and White Days Special! Seller is offering a $10,000.00 reduction from purchase price. Offer must be submitted and accepted by May 28th. Contract must close on or before July 7, 2026]. Perched on the picturesque east bench of Richmond, this charming 2-story home offers the perfect blend of comfort and luxury. With 9 bedrooms, 4 and a half bathrooms, and a fully finished basement, there's room for everyone-and everything as well as personal space, and even dropdown stairs for more storage in the attic access! Entertain effortlessly in the theatre room, or gather in the open-concept living spaces that flow beautifully throughout the home. The 3-car garage provides ample space for vehicles, storage, or even your weekend toys. Whether you're hosting family, working from home, or just enjoying the peace and views Richmond is known for, this home has the space and features to support every lifestyle.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
CHERRY CREEK HEIGHTS
County
Cache
Zoning
Single-Family
Construction
Stone
Lot Size
0.3 sq ft
Above Grade Area
2,808 sq ft
Condition
Blt./Standing
MLS #
2144624
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
CHERRY CREEK HEIGHTS
County
Cache
Zoning
Single-Family
Construction
Stone
Lot Size
0.3 sq ft
Above Grade Area
2,808 sq ft
Condition
Blt./Standing
MLS #
2144624
List Price
$759,000
Original Price
$770,000
HOA Fees
$25 / Monthly
Annual Taxes
$2,991
Home Warranty
No
List Price
$759,000
Original Price
$770,000
HOA Fees
$25 / Monthly
Annual Taxes
$2,991
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Stone
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Stone
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
9
Garage Spaces
3
Covered Spaces
3
Total Parking
9
Why this is a deal
Classification
Strong Cash FlowDeal Score
100/100
vs Similar Homes
20% above
vs Market Median
11% below
Price Reduced
1.4%
Area Growth (YoY)
9.8%
Deal Score Breakdown
100/100 · 3 qualifying signals
LT net cashflow +$1,404/mo (+27.4% return on ownership cost) · STR net cashflow -$1,969/mo (-38.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
9.8% year-over-year ZHVI growth in this area
Priced 11% below the per-subtype city median
1% price reduction from original list — seller may be motivated
Priced 20% above the median of similar listings
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
$7,427/mo
Range: $4,888 – $9,967
Net Monthly Cash Flow
+$1,404 /mo (+$16,846/yr)
Monthly rental income
Monthly ownership cost
Coverage
145%
Net /mo
+$1,404
DSCR
1.70
Est. Annual Revenue
$54,231/yr
$389/night · 42% occupancy · $107/bedroom · $0.21/sqft
Net Monthly Cash Flow
−$1,969 /mo (−$23,627/yr)
Monthly STR income
Monthly ownership cost
Coverage
88%
Net /mo
−$1,969
DSCR
0.82
Best Download
2 Gbps
Best Upload
250 Mbps
Fiber Available
No
Providers
9
Available Providers
$526,150
+44% vs median
74 days
9
$441,696 – $827,000
$2,991
$25/monthly
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