359 700, Salt Lake City, UT 84116
2BD/—BA Residential in Salt Lake City, UT 84116. 1,758 sqft. Built 2021. Listed at $435,000. MLS #2163711.
2BD/—BA Residential in Salt Lake City, UT 84116. 1,758 sqft. Built 2021. Listed at $435,000. MLS #2163711.
GREAT DEAL! Home priced to SELL, 55K under the comps! Check out this beautiful like new home, HOA approved for AirBNB! Just 5 minutes from downtown (a 5-7 minute bike ride!)! Home is gorgeously appointed with luxury modern finishes an entry level price! Home boasts 2 primary bedrooms with attached baths, a downstairs flex space that can be used as an office or 2nd family room! Furnishings are available for purchase!
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
County
Salt Lake
Construction
Stucco,Cement Siding
Lot Size
0.02 sq ft
Above Grade Area
1,758 sq ft
Condition
Blt./Standing
MLS #
2163711
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
County
Salt Lake
Construction
Stucco,Cement Siding
Lot Size
0.02 sq ft
Above Grade Area
1,758 sq ft
Condition
Blt./Standing
MLS #
2163711
List Price
$435,000
Original Price
$450,000
HOA Fees
$250 / Monthly
Annual Taxes
$2,506
Home Warranty
No
List Price
$435,000
Original Price
$450,000
HOA Fees
$250 / Monthly
Annual Taxes
$2,506
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Basement
None
Materials
Stucco,Cement Siding
Heating
Forced Air
Cooling
Central Air
Basement
None
Materials
Stucco,Cement Siding
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Exceptional DealDeal Score
97/100
vs Similar Homes
17% below
vs Market Median
30% below
Price Reduced
3.3%
Area Growth (YoY)
4.0%
Deal Score Breakdown
97/100 · 2 qualifying signals
Priced 30% below the per-subtype city median
Priced 17% below the median of similar listings
3% price reduction from original list — seller may be motivated
4.0% year-over-year ZHVI growth in this area
LT net cashflow -$700/mo (-21.7% return on ownership cost) · STR net cashflow -$2,324/mo (-72.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$2,866/mo
Range: $1,859 – $3,874
Net Monthly Cash Flow
−$700 /mo (−$8,405/yr)
Monthly rental income
Monthly ownership cost
Coverage
89%
Net /mo
−$700
DSCR
1.16
Est. Annual Revenue
$15,396/yr
$154/night · 56% occupancy · $59/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$2,325 /mo (−$27,905/yr)
Monthly STR income
Monthly ownership cost
Coverage
40%
Net /mo
−$2,324
DSCR
0.41
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$587,500
-26% vs median
39 days
660
$175,000 – $7,995,000
$2,506
$250/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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