230 BROADWAY, Salt Lake City, UT 84111
3BD/—BA Residential in Salt Lake City, UT 84111. 1,868 sqft. Built 1985. Listed at $1,459,900. MLS #2108341.
3BD/—BA Residential in Salt Lake City, UT 84111. 1,868 sqft. Built 1985. Listed at $1,459,900. MLS #2108341.
Amazing penthouse in the heart of Salt Lake City. Floor to ceiling windows and doors leads you to a massive 950 Sf deck not included in the total sqft for great outdoor entertainment. The outdoor living space offers incredible views of the mountain and the city. The home has been fully updated. The kitchen has stainless steel appliances, separate pantry Master bedroom has large floor to ceiling windows to give you unobstructed views.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
BROADWAY TOWER CONDO
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Concrete
Lot Size
0.01 sq ft
Above Grade Area
1,868 sq ft
Condition
Blt./Standing
MLS #
2108341
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
BROADWAY TOWER CONDO
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Concrete
Lot Size
0.01 sq ft
Above Grade Area
1,868 sq ft
Condition
Blt./Standing
MLS #
2108341
List Price
$1,459,900
Original Price
$1,549,000
HOA Fees
$686 / Monthly
Annual Taxes
$5,435
Home Warranty
No
List Price
$1,459,900
Original Price
$1,549,000
HOA Fees
$686 / Monthly
Annual Taxes
$5,435
Home Warranty
No
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Tar/Gravel,Membrane
Flooring
Tile
Basement
None
Materials
Brick,Concrete
Appliances
Dryer,Range Hood,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Tar/Gravel,Membrane
Flooring
Tile
Basement
None
Materials
Brick,Concrete
Appliances
Dryer,Range Hood,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
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
60/100
vs Similar Homes
203% above
vs Market Median
127% above
Price Reduced
5.8%
Area Growth (YoY)
0.1%
Deal Score Breakdown
60/100 · 1 qualifying signal
6% price reduction from original list — seller may be motivated
Priced 203% above the median of similar listings
Priced 127% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$5,868/mo (-56.0% return on ownership cost) · STR net cashflow -$8,252/mo (-78.8% 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
$5,235/mo
Range: $4,609 – $5,860
Net Monthly Cash Flow
−$5,868 /mo (−$70,418/yr)
Monthly rental income
Monthly ownership cost
Coverage
50%
Net /mo
−$5,868
DSCR
0.62
Est. Annual Revenue
$38,119/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$8,253 /mo (−$99,031/yr)
Monthly STR income
Monthly ownership cost
Coverage
30%
Net /mo
−$8,252
DSCR
0.30
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$575,000
+154% vs median
55 days
621
$184,000 – $7,995,000
$5,435
$686/monthly
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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