1113 1020 W LOT, Salem, UT 84653
3BD/—BA Residential in Salem, UT 84653. 1,461 sqft. Built 2025. Listed at $489,300. MLS #2138592.
3BD/—BA Residential in Salem, UT 84653. 1,461 sqft. Built 2025. Listed at $489,300. MLS #2138592.
INTEREST RATES STARTING AS LOW AS 4.99% with our preferred lender or $20,000 INCENTIVE towards closing costs, rate buydown, or price reduction regardless of lender! (Talk to agent for conditions.)This is our Must-See New Arrowhead Springs Community in Salem! This beautiful home was built by Flagship Homes and features 3 bedrooms, 2.5 bathrooms, quartz slab countertops, painted cabinets, laminate flooring on the main level, landscaped front yard, 2 car garage, and backyard (can be landscaped for an additional charge). The primary bedroom has a vaulted ceiling, large walk-in closet, and dual sinks! Call Seth more information or stop by our model home at 1074 N 1020 W Salem, Utah 84653 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
2
Subdivision
ARROWHEAD SPRINGS
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.14 sq ft
Above Grade Area
1,461 sq ft
Condition
Blt./Standing
MLS #
2138592
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
ARROWHEAD SPRINGS
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.14 sq ft
Above Grade Area
1,461 sq ft
Condition
Blt./Standing
MLS #
2138592
List Price
$489,300
HOA Fees
$30 / Monthly
Annual Taxes
$3,800
Home Warranty
Yes
List Price
$489,300
HOA Fees
$30 / Monthly
Annual Taxes
$3,800
Home Warranty
Yes
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Slab
Materials
Stone,Stucco,Cement Siding
Appliances
Ceiling Fan,Microwave
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Slab
Materials
Stone,Stucco,Cement Siding
Appliances
Ceiling Fan,Microwave
Water Source
Culinary
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
85/100
vs Similar Homes
6% below
vs Market Median
20% above
Area Growth (YoY)
8.5%
Deal Score Breakdown
85/100 · 2 qualifying signals
8.5% year-over-year ZHVI growth in this area
Priced 6% below the median of similar listings
Priced 20% above the per-subtype city median
LT net cashflow -$1,846/mo (-53.7% return on ownership cost) · STR net cashflow -$2,133/mo (-62.1% 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
$1,808/mo
Range: $820 – $2,796
Net Monthly Cash Flow
−$1,846 /mo (−$22,156/yr)
Monthly rental income
Monthly ownership cost
Coverage
53%
Net /mo
−$1,846
DSCR
0.65
Est. Annual Revenue
$22,357/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$2,132 /mo (−$25,587/yr)
Monthly STR income
Monthly ownership cost
Coverage
54%
Net /mo
−$2,133
DSCR
0.53
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
8
Available Providers
$579,000
-15% vs median
84 days
153
$305,000 – $2,595,000
$3,800
$30/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.
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