425 1000, Salt Lake City, UT 84102
1BD/—BA Residential in Salt Lake City, UT 84102. 800 sqft. Built 1972. Listed at $285,000. MLS #2150954.
1BD/—BA Residential in Salt Lake City, UT 84102. 800 sqft. Built 1972. Listed at $285,000. MLS #2150954.
Conveniently located Incline Terrace condo near the University of Utah and downtown Salt Lake City! Open, functional floor plan featuring ideal spaces for everyday living. Bright kitchen with ample storage. One bedroom with walk-in closet and one bath with nice modern lighting. Fantastic community amenities include an outdoor swimming pool, gym and sauna. Square footage figures are provided as a courtesy estimate only. This unit is located in Building C. Building B has been under construction by almost completed. Parking space for this unit is #4. Do not park in any other spot otherwise you could get towed. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
TERRA
County
Salt Lake
Zoning
Single-Family
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
800 sq ft
Condition
Blt./Standing
MLS #
2150954
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
TERRA
County
Salt Lake
Zoning
Single-Family
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
800 sq ft
Condition
Blt./Standing
MLS #
2150954
List Price
$285,000
Original Price
$295,000
HOA Fees
$220 / Monthly
Annual Taxes
$1,229
Home Warranty
No
List Price
$285,000
Original Price
$295,000
HOA Fees
$220 / Monthly
Annual Taxes
$1,229
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Flooring
Carpet,Laminate
Basement
None
Materials
Aluminum,Brick
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air
Cooling
Central Air
Flooring
Carpet,Laminate
Basement
None
Materials
Aluminum,Brick
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Classification
Standard
Deal Score
50/100
vs Similar Homes
1% above
vs Market Median
4% below
Price Reduced
3.4%
Area Growth (YoY)
-0.8%
Deal Score Breakdown
50/100
Priced 4% below the per-subtype city median
3% price reduction from original list — seller may be motivated
Priced 1% above the median of similar listings
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$862/mo (-40.6% return on ownership cost) · STR net cashflow -$1,261/mo (-59.4% 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
$1,432/mo
Range: $680 – $2,184
Net Monthly Cash Flow
−$863 /mo (−$10,351/yr)
Monthly rental income
Monthly ownership cost
Coverage
68%
Net /mo
−$862
DSCR
0.89
Est. Annual Revenue
$14,768/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,262 /mo (−$15,143/yr)
Monthly STR income
Monthly ownership cost
Coverage
58%
Net /mo
−$1,261
DSCR
0.61
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$570,000
-50% vs median
57 days
615
$184,000 – $7,995,000
$1,229
$220/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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Daryn Edmunds - High Road Properties

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