422 MARYFIELD, Salt Lake City, UT 84108
5BD/—BA Residential in Salt Lake City, UT 84108. 5,306 sqft. Built 1994. Listed at $2,225,000. MLS #2016603.
5BD/—BA Residential in Salt Lake City, UT 84108. 5,306 sqft. Built 1994. Listed at $2,225,000. MLS #2016603.
$2,225,000
Originally listed at $2,500,000
*Seller is offering up to $25,000 in concessions or towards the purchase price depending on terms and buyer's preference.* Nestled near the top of the gated community of Emigration Place, this spacious home invites you to enjoy the splendor of mountain living just minutes outside of Salt Lake City. With 5306 square feet, 5 bedrooms, 5 bathrooms, an office, multiple family rooms, and an elevator to provide ease of access to all three levels, there's room for every aspect of your lifestyle. The two-level entry invites you in with a sweeping stairway repurposed from a Salt Lake church and custom metal handrails which wrap around the glass and metal elevator. An oversized kitchen with two islands, a covered deck and formal and informal dining areas make entertaining a breeze. Upstairs another deck allows you to enjoy the beautiful sanctuary of Emigration Canyon just steps from your primary suite with fully renovated lux bathroom. A junior suite completes the upper level. The basement features three more bedrooms, two full bathrooms, a theater room and additional family or game room. The 3-car garage with built in workbench is supplemented by additional parking for 3 more cars and the perfect spot for your camper or boat as you prepare to enjoy the outdoor recreation opportunities that surround you along the Wasatch front and back!
Property Type
Residential
Property Style
Single Family Residence
Stories
3
Subdivision
EMIGRATION PLACE
County
Salt Lake
Zoning
Single-Family
Construction
Stucco
Lot Size
0.86 sq ft
Above Grade Area
3,279 sq ft
Condition
Blt./Standing
MLS #
2016603
Property Type
Residential
Property Style
Single Family Residence
Stories
3
Subdivision
EMIGRATION PLACE
County
Salt Lake
Zoning
Single-Family
Construction
Stucco
Lot Size
0.86 sq ft
Above Grade Area
3,279 sq ft
Condition
Blt./Standing
MLS #
2016603
List Price
$2,225,000
Original Price
$2,500,000
HOA Fees
$510 / Quarterly
Annual Taxes
$7,544
Home Warranty
No
List Price
$2,225,000
Original Price
$2,500,000
HOA Fees
$510 / Quarterly
Annual Taxes
$7,544
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Stucco
Appliances
Ceiling Fan,Refrigerator
Water Source
Culinary
Sewer
Septic Tank
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Stucco
Appliances
Ceiling Fan,Refrigerator
Water Source
Culinary
Sewer
Septic Tank
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
7
Garage Spaces
3
Covered Spaces
3
Total Parking
7
Why this is a deal
Classification
Standard
Deal Score
78/100
vs Market Median
55% above
Price Reduced
11.0%
Area Growth (YoY)
-1.6%
Deal Score Breakdown
78/100 · 1 qualifying signal
11% price reduction from original list — seller may be motivated
Priced 55% above the per-subtype city median
-1.6% year-over-year ZHVI growth in this area
LT net cashflow -$4,825/mo (-32.1% return on ownership cost) · STR net cashflow -$11,218/mo (-74.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Not enough comparable 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
$11,594/mo
Range: $8,395 – $14,792
Net Monthly Cash Flow
−$4,825 /mo (−$57,898/yr)
Monthly rental income
Monthly ownership cost
Coverage
77%
Net /mo
−$4,825
DSCR
0.91
Est. Annual Revenue
$65,305/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$11,218 /mo (−$134,613/yr)
Monthly STR income
Monthly ownership cost
Coverage
36%
Net /mo
−$11,218
DSCR
0.34
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
5
Available Providers
$570,000
+290% vs median
56 days
618
$184,000 – $7,995,000
$7,544
$510/quarterly
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Daryn Edmunds - High Road Properties

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