530 400, Salt Lake City, UT 84111
2BD/—BA Residential in Salt Lake City, UT 84111. 932 sqft. Built 1983. Listed at $363,500. MLS #2158081.
2BD/—BA Residential in Salt Lake City, UT 84111. 932 sqft. Built 1983. Listed at $363,500. MLS #2158081.
Location! Location! Location! Darling updated 2 bedroom, 2 bath condo just minutes from downtown Salt Lake City. Featuring a Phillips Hues lighting system and whole-home surge protection, plus updated electrical and plumbing throughout for added peace of mind. Enjoy beautifully landscaped grounds with abundant green space perfect for outdoor activities and relaxation. This gated community offers secure access, mountain and valley views, plus views of the downtown skyline from your private balcony. The perfect place to call home - you won't want to miss this one! Come see it today!
Property Type
Residential
Property Style
Condominium
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
TOWNE PARK
County
Salt Lake
Zoning
Single-Family
Construction
Stucco
Lot Size
0.01 sq ft
Above Grade Area
932 sq ft
Condition
Blt./Standing
MLS #
2158081
Property Type
Residential
Property Style
Condominium
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
TOWNE PARK
County
Salt Lake
Zoning
Single-Family
Construction
Stucco
Lot Size
0.01 sq ft
Above Grade Area
932 sq ft
Condition
Blt./Standing
MLS #
2158081
List Price
$363,500
HOA Fees
$630 / Monthly
Annual Taxes
$1,538
Home Warranty
No
List Price
$363,500
HOA Fees
$630 / Monthly
Annual Taxes
$1,538
Home Warranty
No
Heating
Hot Water,Hydronic
Cooling
Central Air
Roof
Asphalt
Basement
None
Materials
Stucco
Appliances
Dryer,Range Hood,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Hot Water,Hydronic
Cooling
Central Air
Roof
Asphalt
Basement
None
Materials
Stucco
Appliances
Dryer,Range Hood,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
6% below
vs Market Median
29% above
Area Growth (YoY)
-0.8%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 6% below the median of similar listings
Priced 29% above the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$1,066/mo (-34.9% return on ownership cost) · STR net cashflow -$1,808/mo (-59.2% 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
$2,260/mo
Range: $1,110 – $3,409
Net Monthly Cash Flow
−$1,065 /mo (−$12,782/yr)
Monthly rental income
Monthly ownership cost
Coverage
74%
Net /mo
−$1,066
DSCR
1.10
Est. Annual Revenue
$21,356/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,809 /mo (−$21,702/yr)
Monthly STR income
Monthly ownership cost
Coverage
58%
Net /mo
−$1,808
DSCR
0.69
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$570,000
-36% vs median
57 days
615
$184,000 – $7,995,000
$1,538
$630/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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