2240 LANEY, Salt Lake City, UT 84117
3BD/—BA Residential in Salt Lake City, UT 84117. 1,996 sqft. Built 2020. Listed at $1,300,000. MLS #2143347.
3BD/—BA Residential in Salt Lake City, UT 84117. 1,996 sqft. Built 2020. Listed at $1,300,000. MLS #2143347.
Welcome to this three bedroom top floor luxury home at the Station Condominiums in the heart of downtown Holladay. This open floor plan has beautiful natural light in every room, secure underground climate-controlled parking, elevator and ample storage. This maintenance free lifestyle, secure building is located right in the heart of the Holladay City Village where a short walk gets you to many amenities including dining, shopping, grocery stores, food trucks, coffee shops, bakeries, post office, and entertainment. Enjoy the spectacular rooftop patio, complete with a fire pit, BBQ, gazebo, and lounge area and marvel in the 360 degree views of the mountains and Salt Lake Valley. Located just 20 minutes from the airport, 30 minutes to Alta ski resort and 40 minutes to Park City.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
THE STATION CONDOS
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,996 sq ft
Condition
Blt./Standing
MLS #
2143347
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
THE STATION CONDOS
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,996 sq ft
Condition
Blt./Standing
MLS #
2143347
List Price
$1,300,000
HOA Fees
$624 / Monthly
Annual Taxes
$5,477
Home Warranty
No
List Price
$1,300,000
HOA Fees
$624 / Monthly
Annual Taxes
$5,477
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Flat,Membrane
Flooring
Carpet,Tile
Basement
None
Materials
Brick,Stucco
Appliances
Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air
Cooling
Central Air
Roof
Flat,Membrane
Flooring
Carpet,Tile
Basement
None
Materials
Brick,Stucco
Appliances
Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Covered Spaces
0
Total Parking
2
Covered Spaces
0
Total Parking
2
Classification
Standard
Deal Score
10/100
vs Similar Homes
26% above
vs Market Median
14% above
Area Growth (YoY)
0.7%
Deal Score Breakdown
10/100
Priced 26% above the median of similar listings
Priced 14% above the per-subtype city median
0.7% year-over-year ZHVI growth in this area
LT net cashflow -$6,122/mo (-65.2% return on ownership cost) · STR net cashflow -$7,080/mo (-75.4% 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.
Monthly Rent
$3,718/mo
Range: $2,715 – $4,721
Net Monthly Cash Flow
−$6,122 /mo (−$73,465/yr)
Monthly rental income
Monthly ownership cost
Coverage
40%
Net /mo
−$6,122
DSCR
0.50
Est. Annual Revenue
$39,665/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$7,080 /mo (−$84,956/yr)
Monthly STR income
Monthly ownership cost
Coverage
35%
Net /mo
−$7,080
DSCR
0.35
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$570,000
+128% vs median
56 days
618
$184,000 – $7,995,000
$5,477
$624/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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