457 720 N LOT #8, Salem, UT 84653
4BD/—BA Residential in Salem, UT 84653. 2,882 sqft. Built 2025. Listed at $578,124. MLS #2116392.
4BD/—BA Residential in Salem, UT 84653. 2,882 sqft. Built 2025. Listed at $578,124. MLS #2116392.
AMAZING $20,000 INCENTIVE TOWARDS CLOSING COSTS, RATE BUYDOWN, OR PRICE REDUCTION REGARDLESS OF LENDER! Must-See New Salem Fields Community! Move-in ready! This beautiful home built by Flagship Homes features 4 bedrooms, 2.5 bathrooms, quartz countertops, landscaped front yard (backyard can be landscaped for an additional charge), and 2 car garage. The primary bedroom has a vaulted ceiling, large walk-in closet, and dual sinks with a separate tub/shower. With an unfinished basement, this home provides space for storage and room to grow. (If preferred, basement can be finished for an additional charge.) Call for more information or stop by our model home at 495 E 720 N Salem, UT for a tour. Model home hours: Monday-Saturday 11 AM - 6 PM. Buyers to verify all information. Square footage is from house plans.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
SALEM FIELDS
County
Utah
Construction
Stucco,Cement Siding
Lot Size
0.14 sq ft
Above Grade Area
1,977 sq ft
Condition
Blt./Standing
MLS #
2116392
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
SALEM FIELDS
County
Utah
Construction
Stucco,Cement Siding
Lot Size
0.14 sq ft
Above Grade Area
1,977 sq ft
Condition
Blt./Standing
MLS #
2116392
List Price
$578,124
Original Price
$613,124
HOA Fees
$10 / Monthly
Annual Taxes
$3,800
Home Warranty
Yes
List Price
$578,124
Original Price
$613,124
HOA Fees
$10 / Monthly
Annual Taxes
$3,800
Home Warranty
Yes
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Full
Materials
Stucco,Cement Siding
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Full
Materials
Stucco,Cement Siding
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
75/100
vs Similar Homes
1% below
vs Market Median
5% above
Price Reduced
5.7%
Area Growth (YoY)
6.1%
Deal Score Breakdown
75/100 · 2 qualifying signals
6.1% year-over-year ZHVI growth in this area
6% price reduction from original list — seller may be motivated
Priced 1% below the median of similar listings
Priced 5% above the per-subtype city median
LT net cashflow -$729/mo (-18.1% return on ownership cost) · STR net cashflow -$1,824/mo (-45.3% 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
$3,744/mo
Range: $1,699 – $5,789
Net Monthly Cash Flow
−$729 /mo (−$8,746/yr)
Monthly rental income
Monthly ownership cost
Coverage
93%
Net /mo
−$729
DSCR
1.13
Est. Annual Revenue
$37,706/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,824 /mo (−$21,884/yr)
Monthly STR income
Monthly ownership cost
Coverage
78%
Net /mo
−$1,824
DSCR
0.75
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$579,000
-0% vs median
84 days
153
$305,000 – $2,595,000
$3,800
$10/monthly
Very Safe
2.9
per 1,000
7.6
per 1,000
4.7
per 1,000
15.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Daryn Edmunds - High Road Properties
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents