265 SALEM PARK, Salem, UT 84653
5BD/—BA Residential in Salem, UT 84653. 3,512 sqft. Built 2012. Listed at $698,000. MLS #2156782.
5BD/—BA Residential in Salem, UT 84653. 3,512 sqft. Built 2012. Listed at $698,000. MLS #2156782.
***New Carpet Coming Soon***HUGE CORNER LOT !! This Gorgeous home is in a quiet neighborhood. Amazing VIEWS. This home is like new without the hassle of building and putting in a yard. Granite throughout. LARGE FULLY FENCED BACKYARD all ready the perfect retreat for hanging out or entertaining. Primary suite includes TWO LARGE walk-in closets. Possible sixth bedroom on the main level! RV parking. NO HOA! Located close to I-15 yet you feel like you're living in the country. The home boasts plenty of upgrades including 9' ceilings on the main floor as well as the basement. There is a very nice one bedroom mother-in-law apartment with separate entrance the does not take away from your huge basement! Apartment is currently being rented for $1,000 monthly. Square footage figures and were obtained from county records. Buyer is advised to obtain an independent measurement. Seller is related to co-agent.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
SALEM PARK
County
Utah
Zoning
Single-Family
Construction
Composition,Stone,Stucco
Lot Size
0.25 sq ft
Above Grade Area
1,756 sq ft
Condition
Blt./Standing
MLS #
2156782
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
SALEM PARK
County
Utah
Zoning
Single-Family
Construction
Composition,Stone,Stucco
Lot Size
0.25 sq ft
Above Grade Area
1,756 sq ft
Condition
Blt./Standing
MLS #
2156782
List Price
$698,000
Original Price
$699,900
Annual Taxes
$3,382
Home Warranty
No
List Price
$698,000
Original Price
$699,900
Annual Taxes
$3,382
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Daylight,Entrance,Full
Materials
Composition,Stone,Stucco
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary,Irrigation: Pressure,Secondary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Daylight,Entrance,Full
Materials
Composition,Stone,Stucco
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary,Irrigation: Pressure,Secondary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
80/100
vs Similar Homes
13% below
vs Market Median
2% below
Price Reduced
0.3%
Area Growth (YoY)
6.1%
Deal Score Breakdown
80/100 · 2 qualifying signals
Priced 13% below the median of similar listings
6.1% year-over-year ZHVI growth in this area
Priced 2% below the per-subtype city median
LT net cashflow -$366/mo (-7.8% return on ownership cost) · STR net cashflow -$1,983/mo (-42.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
0% price reduction from original list — seller may be motivated
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
$4,914/mo
Range: $2,230 – $7,599
Net Monthly Cash Flow
−$367 /mo (−$4,401/yr)
Monthly rental income
Monthly ownership cost
Coverage
105%
Net /mo
−$366
DSCR
1.24
Est. Annual Revenue
$46,418/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,982 /mo (−$23,779/yr)
Monthly STR income
Monthly ownership cost
Coverage
83%
Net /mo
−$1,983
DSCR
0.78
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$579,000
+21% vs median
84 days
153
$305,000 – $2,595,000
$3,382
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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