885 MEADOW PINE, Salt Lake City, UT 84106
3BD/—BA Residential in Salt Lake City, UT 84106. 998 sqft. Built 1993. Listed at $299,000. MLS #2152293.
3BD/—BA Residential in Salt Lake City, UT 84106. 998 sqft. Built 1993. Listed at $299,000. MLS #2152293.
Well maintained 3 bed and 1 bath Millcreek condo! Perfect for a first time homebuyer. Seller financing available for well qualified FHA borrowers for up to 12 months. Great location being 5 minutes from the I-15. Vacant and ready to be shown!
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
MEADOWS
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
998 sq ft
Condition
Blt./Standing
MLS #
2152293
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
MEADOWS
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
998 sq ft
Condition
Blt./Standing
MLS #
2152293
List Price
$299,000
HOA Fees
$290 / Monthly
Annual Taxes
$1,497
Home Warranty
No
List Price
$299,000
HOA Fees
$290 / Monthly
Annual Taxes
$1,497
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asbestos Shingle
Flooring
Carpet,Vinyl
Basement
None
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asbestos Shingle
Flooring
Carpet,Vinyl
Basement
None
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
30/100
vs Similar Homes
0% above
vs Market Median
8% above
Area Growth (YoY)
2.0%
Deal Score Breakdown
30/100
Priced 0% above the median of similar listings
Priced 8% above the per-subtype city median
2.0% year-over-year ZHVI growth in this area
LT net cashflow -$572/mo (-24.6% return on ownership cost) · STR net cashflow -$800/mo (-34.4% 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
$1,994/mo
Range: $1,598 – $2,390
Net Monthly Cash Flow
−$572 /mo (−$6,863/yr)
Monthly rental income
Monthly ownership cost
Coverage
86%
Net /mo
−$572
DSCR
1.16
Est. Annual Revenue
$26,169/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$800 /mo (−$9,602/yr)
Monthly STR income
Monthly ownership cost
Coverage
94%
Net /mo
−$800
DSCR
1.01
Elementary
Mill CreekMiddle School
Granite ParkHigh School
Granite PeaksSchool District
Granite
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
-48% vs median
56 days
618
$184,000 – $7,995,000
$1,497
$290/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

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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