615 1200, Salt Lake City, UT 84116
2BD/—BA Residential in Salt Lake City, UT 84116. 916 sqft. Built 1964. Listed at $210,000. MLS #2128405.
2BD/—BA Residential in Salt Lake City, UT 84116. 916 sqft. Built 1964. Listed at $210,000. MLS #2128405.
Enjoy easy living in this inviting 2-bedroom, 1-bath home nestled in the 55+ community of Terrace of Rose Park. Designed for comfort and simplicity, this home offers a practical floor plan and a welcoming atmosphere. Residents enjoy community amenities including a pool and courtyard, perfect for relaxing and socializing. Ideally located close to shopping, dining, medical services, and everyday conveniences, this home offers low-maintenance living in a friendly, well-kept neighborhood. PREFERRED LENDER OFFERING UP TO $1,000, BRENN WILKINSON WITH SECURITY NATIONAL- 540-498-2219. NMLS:1615680 CONTACT FOR DETAILS.Pets are not accepted without HOA approval, contact HOA for more information. Square footage figures are provided as a courtesy, buyer is encouraged to get their own measurements.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
TERRACES OF ROSE PARK
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
916 sq ft
Condition
Blt./Standing
MLS #
2128405
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
TERRACES OF ROSE PARK
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
916 sq ft
Condition
Blt./Standing
MLS #
2128405
List Price
$210,000
Original Price
$218,000
HOA Fees
$275 / Monthly
Annual Taxes
$1,048
Home Warranty
No
List Price
$210,000
Original Price
$218,000
HOA Fees
$275 / Monthly
Annual Taxes
$1,048
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Linoleum
Basement
None
Materials
Brick
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Private
Sewer
Sewer: Connected
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Linoleum
Basement
None
Materials
Brick
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Private
Sewer
Sewer: Connected
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Strong Cash FlowDeal Score
65/100
vs Similar Homes
2% below
vs Market Median
1% below
Price Reduced
3.7%
Area Growth (YoY)
4.0%
Deal Score Breakdown
65/100 · 1 qualifying signal
LT net cashflow +$142/mo (+8.3% return on ownership cost) · STR net cashflow -$1,091/mo (-64.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 2% below the median of similar listings
Priced 1% below the per-subtype city median
4% price reduction from original list — seller may be motivated
4.0% year-over-year ZHVI growth in this area
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
$2,099/mo
Range: $1,908 – $2,290
Net Monthly Cash Flow
+$142 /mo (+$1,700/yr)
Monthly rental income
Monthly ownership cost
Coverage
123%
Net /mo
+$142
DSCR
1.74
Est. Annual Revenue
$10,527/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,092 /mo (−$13,105/yr)
Monthly STR income
Monthly ownership cost
Coverage
51%
Net /mo
−$1,091
DSCR
0.58
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$575,000
-63% vs median
55 days
621
$184,000 – $7,995,000
$1,048
$275/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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