777 SOUTH TEMPLE, Salt Lake City, UT 84102
2BD/—BA Residential in Salt Lake City, UT 84102. 1,116 sqft. Built 1964. Listed at $489,900. MLS #2162475.
2BD/—BA Residential in Salt Lake City, UT 84102. 1,116 sqft. Built 1964. Listed at $489,900. MLS #2162475.
Wowser! NEW PRICE FOR THE BEST UNIT! Welcome to one of the finest remodeled units in the 'Wedding Cake Building'-a mid-century modern building with exterior breeze blocks and fanciful exterior ironwork. This condo faces east and is high up in the building with unobstructed views of the Wasatch Mountains and the University of Utah campus at the top of the hill. This means no summer heat blasting into your windows! Fully updated, with beautiful cabinetry in the kitchen with a light and open floorplan, main bedroom has a generous walk-in closet, and both bedrooms will fit king sized beds. What's unique is the all-new windows and slider/frames that most units don't have which makes the place cozy and efficient. New paint, carpet, updated appliances and cabinetry. Secure building and parking underneath (but also on a bus route downtown or to the U), decent sized and updated pool on the 3rd floor, community laundry on 2nd floor.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
BONNEVILLE TOWER
County
Salt Lake
Construction
Brick,Concrete
Lot Size
0.01 sq ft
Above Grade Area
1,116 sq ft
Condition
Blt./Standing
MLS #
2162475
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
BONNEVILLE TOWER
County
Salt Lake
Construction
Brick,Concrete
Lot Size
0.01 sq ft
Above Grade Area
1,116 sq ft
Condition
Blt./Standing
MLS #
2162475
List Price
$489,900
HOA Fees
$825 / Monthly
Annual Taxes
$2,133
Home Warranty
No
List Price
$489,900
HOA Fees
$825 / Monthly
Annual Taxes
$2,133
Home Warranty
No
Heating
Forced Air,Hydronic
Cooling
Central Air
Roof
Rubber
Flooring
Carpet,Hardwood,Tile,Travertine
Basement
None
Materials
Brick,Concrete
Appliances
Microwave,Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Hydronic
Cooling
Central Air
Roof
Rubber
Flooring
Carpet,Hardwood,Tile,Travertine
Basement
None
Materials
Brick,Concrete
Appliances
Microwave,Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
10/100
vs Similar Homes
13% above
vs Market Median
40% above
Area Growth (YoY)
-1.5%
Deal Score Breakdown
10/100
Priced 13% above the median of similar listings
Priced 40% above the per-subtype city median
-1.5% year-over-year ZHVI growth in this area
LT net cashflow -$2,366/mo (-57.5% return on ownership cost) · STR net cashflow -$2,760/mo (-67.1% 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
$1,987/mo
Range: $1,625 – $2,350
Net Monthly Cash Flow
−$2,366 /mo (−$28,394/yr)
Monthly rental income
Monthly ownership cost
Coverage
48%
Net /mo
−$2,366
DSCR
0.71
Est. Annual Revenue
$23,234/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,761 /mo (−$33,132/yr)
Monthly STR income
Monthly ownership cost
Coverage
47%
Net /mo
−$2,760
DSCR
0.55
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$587,500
-17% vs median
39 days
660
$175,000 – $7,995,000
$2,133
$825/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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