87 300, Salt Lake City, UT 84103
2BD/—BA Residential in Salt Lake City, UT 84103. 1,100 sqft. Built 1963. Listed at $340,000. MLS #2159023.
2BD/—BA Residential in Salt Lake City, UT 84103. 1,100 sqft. Built 1963. Listed at $340,000. MLS #2159023.
Fantastic opportunity to own a spacious level-ground condo in the highly desirable Capitol Hill area! This 2-bedroom, 1-bath unit offers approximately 1,100 sq ft of single-level living in the well-established Villa Granada/Capitol Hill Condos community. Enjoy an open layout with great natural light, generous storage, and functional living spaces ready for your personal touch. Located just minutes from downtown Salt Lake City, this home provides easy access to dining, shopping, parks, and freeway connections. The secure building features controlled access, elevator service, and covered parking. HOA includes essential utilities and maintenance for convenient, low-maintenance living. Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
CAPITOL HILL CONDOS
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Cinder Block,Concrete
Lot Size
0.01 sq ft
Above Grade Area
1,100 sq ft
Condition
Blt./Standing
MLS #
2159023
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
CAPITOL HILL CONDOS
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Cinder Block,Concrete
Lot Size
0.01 sq ft
Above Grade Area
1,100 sq ft
Condition
Blt./Standing
MLS #
2159023
List Price
$340,000
HOA Fees
$409 / Monthly
Annual Taxes
$1,518
Home Warranty
No
List Price
$340,000
HOA Fees
$409 / Monthly
Annual Taxes
$1,518
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Flat,Tar/Gravel,Membrane
Flooring
Carpet,Tile
Basement
None
Materials
Brick,Cinder Block,Concrete
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Gas: Central
Cooling
Central Air
Roof
Flat,Tar/Gravel,Membrane
Flooring
Carpet,Tile
Basement
None
Materials
Brick,Cinder Block,Concrete
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
1
Covered Spaces
1
Total Parking
3
Garage Spaces
1
Covered Spaces
1
Total Parking
3
Classification
Standard
Deal Score
50/100
vs Similar Homes
8% above
vs Market Median
3% below
Area Growth (YoY)
0.1%
Deal Score Breakdown
50/100
Priced 3% below the per-subtype city median
Priced 8% above the median of similar listings
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$967/mo (-36.0% return on ownership cost) · STR net cashflow -$1,307/mo (-48.7% 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
$1,950/mo
Range: $1,346 – $2,555
Net Monthly Cash Flow
−$967 /mo (−$11,605/yr)
Monthly rental income
Monthly ownership cost
Coverage
73%
Net /mo
−$967
DSCR
1.01
Est. Annual Revenue
$23,589/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,306 /mo (−$15,676/yr)
Monthly STR income
Monthly ownership cost
Coverage
73%
Net /mo
−$1,307
DSCR
0.81
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
-40% vs median
57 days
615
$184,000 – $7,995,000
$1,518
$409/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.
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Daryn Edmunds - High Road Properties

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

Devin Tanner - Utah Realtor
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents