4120 OAK MEADOWS, Salt Lake City, UT 84123
2BD/—BA Residential in Salt Lake City, UT 84123. 928 sqft. Built 1985. Listed at $239,500. MLS #2151239.
2BD/—BA Residential in Salt Lake City, UT 84123. 928 sqft. Built 1985. Listed at $239,500. MLS #2151239.
Fully remodeled in 2021, this beautifully updated home showcases a modern touch throughout, including new kitchen cabinets, stylish flooring, a refreshed tub and shower, updated bathroom cabinetry, upgraded electrical, energy-efficient double-pane windows and doors, newer appliances, fresh interior paint, contemporary lighting, and upgraded floor molding. Every detail has been thoughtfully improved to create a comfortable and move-in-ready space. The HOA provides exceptional value, covering cable TV, insurance, sewer, snow removal, trash, and internet, making for easy, low-maintenance living. Residents also enjoy access to great community amenities, including a playground, pool, tennis court, and a pet-friendly environment.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
MEADOWS
County
Salt Lake
Zoning
Multi-Family
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
928 sq ft
Condition
Blt./Standing
MLS #
2151239
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
MEADOWS
County
Salt Lake
Zoning
Multi-Family
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
928 sq ft
Condition
Blt./Standing
MLS #
2151239
List Price
$239,500
Original Price
$249,000
HOA Fees
$324 / Monthly
Annual Taxes
$1,834
Home Warranty
No
List Price
$239,500
Original Price
$249,000
HOA Fees
$324 / Monthly
Annual Taxes
$1,834
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Evaporative Cooling
Roof
Asphalt
Flooring
Laminate
Basement
None
Materials
Aluminum,Brick
Appliances
Microwave,Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Evaporative Cooling
Roof
Asphalt
Flooring
Laminate
Basement
None
Materials
Aluminum,Brick
Appliances
Microwave,Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Standard
Deal Score
70/100
vs Similar Homes
6% below
vs Market Median
6% below
Price Reduced
3.8%
Area Growth (YoY)
4.4%
Deal Score Breakdown
70/100 · 2 qualifying signals
Priced 6% below the median of similar listings
Priced 6% below the per-subtype city median
4% price reduction from original list — seller may be motivated
4.4% year-over-year ZHVI growth in this area
LT net cashflow -$756/mo (-38.0% return on ownership cost) · STR net cashflow -$1,371/mo (-68.9% 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
$1,401/mo
Range: $1,151 – $1,652
Net Monthly Cash Flow
−$757 /mo (−$9,079/yr)
Monthly rental income
Monthly ownership cost
Coverage
70%
Net /mo
−$756
DSCR
1.03
Est. Annual Revenue
$10,610/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,371 /mo (−$16,457/yr)
Monthly STR income
Monthly ownership cost
Coverage
44%
Net /mo
−$1,371
DSCR
0.52
Elementary
John C. FremontMiddle School
EisenhowerHigh School
TaylorsvilleSchool District
Granite
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$570,000
-58% vs median
57 days
615
$184,000 – $7,995,000
$1,834
$324/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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