241 CRESTONE, Salt Lake City, UT 84115
4BD/—BA Residential in Salt Lake City, UT 84115. 1,270 sqft. Built 1994. Listed at $300,000. MLS #2156271.
4BD/—BA Residential in Salt Lake City, UT 84115. 1,270 sqft. Built 1994. Listed at $300,000. MLS #2156271.
This is the only 4 bedroom 2 bathroom, 1 car garage townhome with a yard available in all of Salt Lake County. Priced well below market due to 1031 time frame. Home needs updating but it is clean and area is nice. This is all about being able to purchase a home for 300k and put some sweat equity into it. Most recent comparable sales are 350k and 365k.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Stories: 2
Stories
2
Subdivision
STONECREST P U D
County
Salt Lake
Zoning
Multi-Family
Lot Size
0.02 sq ft
Above Grade Area
1,270 sq ft
Condition
Blt./Standing
MLS #
2156271
Property Type
Residential
Property Style
Townhouse
Architectural Style
Stories: 2
Stories
2
Subdivision
STONECREST P U D
County
Salt Lake
Zoning
Multi-Family
Lot Size
0.02 sq ft
Above Grade Area
1,270 sq ft
Condition
Blt./Standing
MLS #
2156271
List Price
$300,000
HOA Fees
$200 / Monthly
Annual Taxes
$1,185
Home Warranty
No
List Price
$300,000
HOA Fees
$200 / Monthly
Annual Taxes
$1,185
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Vinyl
Basement
Slab
Appliances
Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Vinyl
Basement
Slab
Appliances
Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
1
Covered Spaces
1
Total Parking
3
Garage Spaces
1
Covered Spaces
1
Total Parking
3
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
25% below
vs Market Median
21% above
Area Growth (YoY)
1.2%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 25% below the median of similar listings
LT net cashflow +$554/mo (+25.3% return on ownership cost) · STR net cashflow -$214/mo (-9.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
1.2% year-over-year ZHVI growth in this area
Priced 21% above the per-subtype city median
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
$3,122/mo
Range: $2,998 – $3,245
Net Monthly Cash Flow
+$553 /mo (+$6,640/yr)
Monthly rental income
Monthly ownership cost
Coverage
142%
Net /mo
+$554
DSCR
1.84
Est. Annual Revenue
$33,929/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$215 /mo (−$2,583/yr)
Monthly STR income
Monthly ownership cost
Coverage
129%
Net /mo
−$214
DSCR
1.32
Elementary
LincolnMiddle School
Granite ParkHigh School
CottonwoodSchool District
Granite
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
-47% vs median
57 days
615
$184,000 – $7,995,000
$1,185
$200/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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