811 GRANDRIDGE, Salt Lake City, UT 84103
5BD/—BA Residential in Salt Lake City, UT 84103. 3,896 sqft. Built 1980. Listed at $1,100,000. MLS #2166145.
5BD/—BA Residential in Salt Lake City, UT 84103. 3,896 sqft. Built 1980. Listed at $1,100,000. MLS #2166145.
Spacious updated end-unit condo with spectacular views of downtown and the Oquirrh mountains!! Sit on the deck and enjoy quiet evenings and gorgeous sunsets in this gated community at the top of the prestigious Avenues. Entertain in the nicely updated kitchen with two ovens and expansive living areas. All five bedrooms are spacious, the basement also has ADU options with a full kitchen, separate laundry room and access. This condo has plenty of storage, and is low maintenance in a fabulous community with a clubhouse, pool and pickleball courts! Don't miss this one, it's priced to sell - come see today!
Property Type
Residential
Property Style
Condominium
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
NORTH
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,953 sq ft
Condition
Blt./Standing
MLS #
2166145
Property Type
Residential
Property Style
Condominium
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
NORTH
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,953 sq ft
Condition
Blt./Standing
MLS #
2166145
List Price
$1,100,000
HOA Fees
$990 / Monthly
Annual Taxes
$2,705
Home Warranty
No
List Price
$1,100,000
HOA Fees
$990 / Monthly
Annual Taxes
$2,705
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Marble
Basement
Full
Materials
Brick
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Private
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Marble
Basement
Full
Materials
Brick
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Private
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Classification
Standard
Deal Score
30/100
vs Similar Homes
42% above
vs Market Median
5% above
Area Growth (YoY)
-1.5%
Deal Score Breakdown
30/100
LT net cashflow -$633/mo (-7.7% return on ownership cost) · STR net cashflow -$4,064/mo (-49.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 5% above the per-subtype city median
Priced 42% above the median of similar listings
-1.5% year-over-year ZHVI growth in this area
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
$8,603/mo
Range: $7,034 – $10,172
Net Monthly Cash Flow
−$633 /mo (−$7,594/yr)
Monthly rental income
Monthly ownership cost
Coverage
105%
Net /mo
−$633
DSCR
1.37
Est. Annual Revenue
$70,968/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$4,064 /mo (−$48,766/yr)
Monthly STR income
Monthly ownership cost
Coverage
72%
Net /mo
−$4,064
DSCR
0.75
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$587,500
+87% vs median
39 days
660
$175,000 – $7,995,000
$2,705
$990/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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