583 WESTCAPITOL, Salt Lake City, UT 84103
4BD/—BA Residential in Salt Lake City, UT 84103. 2,139 sqft. Built 1991. Listed at $849,000. MLS #2148901.
4BD/—BA Residential in Salt Lake City, UT 84103. 2,139 sqft. Built 1991. Listed at $849,000. MLS #2148901.
OPEN HOUSES!: MAY 2nd-3rd, 2026 (See Open House Schedule for details! Hosted by Seller) Nestled in the heart of Salt Lake City's coveted Capitol Hill neighborhood. This 4-bedroom, 2.5-bath residence offers the perfect balance of classic charm and modern functionality, all within minutes of downtown, City Creek Canyon, and the Utah State Capitol. Step inside to find a bright, open living space with vaulted ceilings and large windows that fill the home with natural light. The kitchen features contemporary cabinetry, Bosch stainless steel appliances, with mountain and valley views. The bedrooms are generously sized, and the primary suite includes a walk-in closet and private balcony accessed through a French door. Enjoy peaceful evenings on the private deck or entertain in the xeri-scaped backyard. Additional highlights include a two-car garage and endless hot water with the ultra efficient tankless water heater. Perfect for those seeking urban convenience in a quiet, historic neighborhood, this home is a rare find in one of Salt Lake's most desirable locations.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Salt Lake
Construction
Stucco
Lot Size
0.14 sq ft
Above Grade Area
1,426 sq ft
Condition
Blt./Standing
MLS #
2148901
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Salt Lake
Construction
Stucco
Lot Size
0.14 sq ft
Above Grade Area
1,426 sq ft
Condition
Blt./Standing
MLS #
2148901
List Price
$849,000
Annual Taxes
$3,403
Home Warranty
No
List Price
$849,000
Annual Taxes
$3,403
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
Full,Walk-Out Access
Materials
Stucco
Appliances
Ceiling Fan,Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Satellite Dish,Washer
Laundry
Gas Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
Full,Walk-Out Access
Materials
Stucco
Appliances
Ceiling Fan,Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Satellite Dish,Washer
Laundry
Gas Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Public
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
19% below
vs Market Median
68% above
Area Growth (YoY)
-0.8%
Deal Score Breakdown
85/100 · 1 qualifying signal
Priced 19% below the median of similar listings
Priced 68% above the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$2,283/mo (-40.4% return on ownership cost) · STR net cashflow -$4,298/mo (-76.1% 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
$3,822/mo
Range: $454 – $7,190
Net Monthly Cash Flow
−$2,283 /mo (−$27,399/yr)
Monthly rental income
Monthly ownership cost
Coverage
68%
Net /mo
−$2,283
DSCR
0.79
Est. Annual Revenue
$23,106/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$4,299 /mo (−$51,585/yr)
Monthly STR income
Monthly ownership cost
Coverage
34%
Net /mo
−$4,298
DSCR
0.32
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$570,000
+49% vs median
57 days
615
$184,000 – $7,995,000
$3,403
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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