1495 VINEYARD, Salt Lake City, UT 84106
2BD/—BA Residential in Salt Lake City, UT 84106. 887 sqft. Built 1985. Listed at $299,000. MLS #2129043.
2BD/—BA Residential in Salt Lake City, UT 84106. 887 sqft. Built 1985. Listed at $299,000. MLS #2129043.
**PRICE REDUCTION** Amazing location in the heart of Millcreek. 2-bed, 2-bath, updated kitchen with granite countertops, stainless appliances including a dishwasher, refrigerator, and microwave. New Furnace and AC. In-unit laundry. Long term rental opportunity for investors. Come check out this beautiful condo! Furnishings may be included and are negotiable. Square footage figures are provided as a courtesy estimate only and were obtained from previous listing. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
MILLCREEK CONDM
County
Salt Lake
Zoning
Multi-Family
Construction
Aluminum
Lot Size
0.01 sq ft
Above Grade Area
887 sq ft
Condition
Blt./Standing
MLS #
2129043
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
MILLCREEK CONDM
County
Salt Lake
Zoning
Multi-Family
Construction
Aluminum
Lot Size
0.01 sq ft
Above Grade Area
887 sq ft
Condition
Blt./Standing
MLS #
2129043
List Price
$299,000
Original Price
$325,000
HOA Fees
$385 / Monthly
Annual Taxes
$1,742
Home Warranty
No
List Price
$299,000
Original Price
$325,000
HOA Fees
$385 / Monthly
Annual Taxes
$1,742
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
None
Materials
Aluminum
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
None
Materials
Aluminum
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
$570,000
-48% vs median
56 days
618
$184,000 – $7,995,000
$1,742
$385/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.
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
80/100
vs Similar Homes
11% below
vs Market Median
3% above
Price Reduced
8.0%
Area Growth (YoY)
0.3%
Deal Score Breakdown
80/100 · 2 qualifying signals
Priced 11% below the median of similar listings
8% price reduction from original list — seller may be motivated
Priced 3% above the per-subtype city median
0.3% year-over-year ZHVI growth in this area
LT net cashflow -$1,015/mo (-41.6% return on ownership cost) · STR net cashflow -$1,233/mo (-50.5% 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
$1,621/mo
Range: $979 – $2,264
Net Monthly Cash Flow
−$1,016 /mo (−$12,196/yr)
Monthly rental income
Monthly ownership cost
Coverage
66%
Net /mo
−$1,015
DSCR
0.94
Est. Annual Revenue
$20,731/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,234 /mo (−$14,805/yr)
Monthly STR income
Monthly ownership cost
Coverage
71%
Net /mo
−$1,233
DSCR
0.80
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Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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