475 REDWOOD, Salt Lake City, UT 84116
3BD/—BA Residential in Salt Lake City, UT 84116. 1,555 sqft. Built 1997. Listed at $350,000. MLS #2139056.
3BD/—BA Residential in Salt Lake City, UT 84116. 1,555 sqft. Built 1997. Listed at $350,000. MLS #2139056.
Discover urban living at its finest in this stunning 3-level townhome, perfectly situated in a desirable Salt Lake City neighborhood. This contemporary residence boasts 3 bedrooms and 3 bathrooms, this home offers ample space for comfort and privacy. Each bedroom is thoughtfully designed to maximize light and space.Located just minutes from downtown Salt Lake City, you'll have easy access to vibrant dining, shopping, and entertainment options. Yet, the home remains tucked away enough to provide a peaceful retreat from the city bustle. Ideal for first-time buyers or as an investment property, this townhome offers the perfect blend of convenience and comfort.Schedule a showing today and experience all that this beautiful property has to offer!
Property Type
Residential
Property Style
Townhouse
Architectural Style
Stories: 2
Stories
3
Subdivision
WINGATE VILLAGE TOWN HOUSES PL A P U D
County
Salt Lake
Construction
Concrete
Lot Size
0.01 sq ft
Above Grade Area
1,555 sq ft
Condition
Blt./Standing
MLS #
2139056
Property Type
Residential
Property Style
Townhouse
Architectural Style
Stories: 2
Stories
3
Subdivision
WINGATE VILLAGE TOWN HOUSES PL A P U D
County
Salt Lake
Construction
Concrete
Lot Size
0.01 sq ft
Above Grade Area
1,555 sq ft
Condition
Blt./Standing
MLS #
2139056
List Price
$350,000
HOA Fees
$495 / Monthly
Annual Taxes
$2,000
Home Warranty
No
List Price
$350,000
HOA Fees
$495 / Monthly
Annual Taxes
$2,000
Home Warranty
No
Heating
Electric,Gas: Central
Cooling
Central Air
Basement
None
Materials
Concrete
Appliances
Portable Dishwasher,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Heating
Electric,Gas: Central
Cooling
Central Air
Basement
None
Materials
Concrete
Appliances
Portable Dishwasher,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Classification
Standard
Deal Score
45/100
vs Similar Homes
0% above
vs Market Median
25% above
Area Growth (YoY)
4.2%
Deal Score Breakdown
45/100
4.2% year-over-year ZHVI growth in this area
Priced 0% above the median of similar listings
Priced 25% above the per-subtype city median
LT net cashflow -$819/mo (-28.2% return on ownership cost) · STR net cashflow -$1,908/mo (-65.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
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
$2,365/mo
Range: $2,099 – $2,631
Net Monthly Cash Flow
−$819 /mo (−$9,828/yr)
Monthly rental income
Monthly ownership cost
Coverage
82%
Net /mo
−$819
DSCR
1.17
Est. Annual Revenue
$17,008/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,907 /mo (−$22,880/yr)
Monthly STR income
Monthly ownership cost
Coverage
49%
Net /mo
−$1,908
DSCR
0.56
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$575,000
-39% vs median
55 days
621
$184,000 – $7,995,000
$2,000
$495/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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