1201 WILMINGTON, Salt Lake City, UT 84106
3BD/—BA Residential in Salt Lake City, UT 84106. 2,295 sqft. Built 2015. Listed at $1,425,000. MLS #2147298.
3BD/—BA Residential in Salt Lake City, UT 84106. 2,295 sqft. Built 2015. Listed at $1,425,000. MLS #2147298.
Luxury living in the heart of Sugar House. Just steps from Sugar House Park, this condo features a rare, oversized wrap-around balcony-perfect for entertaining and taking in the views. Inside, you'll find high-end finishes throughout, including Wolf appliances, quartz countertops, custom cabinetry, and abundant natural light. Additional highlights include a dedicated office and a private wine cellar, adding both function and sophistication. Secure access, covered parking, and quick access to I-80, I-215, the University of Utah, and Westminster complete this ideal blend of lifestyle and convenience.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
2
Subdivision
WILMINGTON
County
Salt Lake
Construction
Brick
Above Grade Area
2,295 sq ft
Condition
Blt./Standing
MLS #
2147298
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
2
Subdivision
WILMINGTON
County
Salt Lake
Construction
Brick
Above Grade Area
2,295 sq ft
Condition
Blt./Standing
MLS #
2147298
List Price
$1,425,000
HOA Fees
$1,865 / Quarterly
Annual Taxes
$5,440
Home Warranty
No
List Price
$1,425,000
HOA Fees
$1,865 / Quarterly
Annual Taxes
$5,440
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Rubber
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Brick
Appliances
Dryer,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Rubber
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Brick
Appliances
Dryer,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
3
Total Parking
3
Garage Spaces
2
Covered Spaces
3
Total Parking
3
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
100/100
vs Similar Homes
263% above
vs Market Median
41% below
Area Growth (YoY)
-0.2%
Deal Score Breakdown
100/100 · 1 qualifying signal
Priced 41% below the per-subtype city median
Priced 263% above the median of similar listings
-0.2% year-over-year ZHVI growth in this area
LT net cashflow -$6,050/mo (-59.4% return on ownership cost) · STR net cashflow -$7,672/mo (-75.3% 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
$4,702/mo
Range: $2,838 – $6,566
Net Monthly Cash Flow
−$6,050 /mo (−$72,601/yr)
Monthly rental income
Monthly ownership cost
Coverage
46%
Net /mo
−$6,050
DSCR
0.57
Est. Annual Revenue
$43,130/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$7,673 /mo (−$92,075/yr)
Monthly STR income
Monthly ownership cost
Coverage
35%
Net /mo
−$7,672
DSCR
0.35
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$575,000
+148% vs median
55 days
621
$184,000 – $7,995,000
$5,440
$1,865/quarterly
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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