8527 COLENE, Sandy, UT 84094
6BD/—BA Residential in Sandy, UT 84094. 2,568 sqft. Built 1961. Listed at $740,000. MLS #2160799.
6BD/—BA Residential in Sandy, UT 84094. 2,568 sqft. Built 1961. Listed at $740,000. MLS #2160799.
Welcome to this tastefully updated Rambler in Sandy! Once you walk into the home you will enjoy all the natural light pouring in from every direction (almost every direction, we have to be literal here) with the sunlight shining (or moon light gazing) you will gawk at the updated kitchen thinking how nice it would be to just have a moment to sit down at your very own private island, the kitchen island that is. The stainless steel appliances are sure to catch your eye as you glance over to the left to notice the gas range with its very own faucet to fill pots with! If you are the social butterfly type you will most certainly enjoy hosting game night in your spacious living room with a fire crackling in the background or if you prefer BBQ's then head on out to your amazing covered back patio! This home has an excellent floor plan keeping in mind the need for 3 bedrooms upstairs. Walk down to the basement and step into the large family room perfect for movie night or pulling out all of the kids toys and help them create their very own wonder world or Lego Land (just make sure to keep your shoes on). The basement is a walk-out basement with a mud room area with ample storage, 3 additional bedrooms and a full bathroom. If a collection of automobiles is a concern then you have come to the right spot! The driveway is large and does have room to fit multiple cars or any other item that is suited for off street parking! The house is close to both shopping and restaurants. A short drive and you will be cruising on the freeway with the wind in your hair. This home is excited for the next set of memories that will come its way. It has served it purpose for the current family and is excited for the next resident(s) as the current owners journey continues on in their next forever home as they move to a little less snowy location.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
WARE SUB NO 1
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.23 sq ft
Above Grade Area
1,284 sq ft
Condition
Blt./Standing
MLS #
2160799
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
WARE SUB NO 1
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.23 sq ft
Above Grade Area
1,284 sq ft
Condition
Blt./Standing
MLS #
2160799
List Price
$740,000
Annual Taxes
$4,886
Home Warranty
No
List Price
$740,000
Annual Taxes
$4,886
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Entrance
Materials
Brick
Appliances
Range Hood,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Entrance
Materials
Brick
Appliances
Range Hood,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
45/100
vs Similar Homes
16% above
vs Market Median
14% above
Area Growth (YoY)
3.1%
Deal Score Breakdown
45/100
3.1% year-over-year ZHVI growth in this area
LT net cashflow -$1,167/mo (-22.7% return on ownership cost) · STR net cashflow -$1,882/mo (-36.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 16% above the median of similar listings
Priced 14% above the per-subtype city median
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
$4,506/mo
Range: $3,348 – $5,664
Net Monthly Cash Flow
−$1,167 /mo (−$14,001/yr)
Monthly rental income
Monthly ownership cost
Coverage
88%
Net /mo
−$1,167
DSCR
1.06
Est. Annual Revenue
$55,705/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,882 /mo (−$22,580/yr)
Monthly STR income
Monthly ownership cost
Coverage
91%
Net /mo
−$1,882
DSCR
0.87
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$659,900
+12% vs median
41 days
250
$16,000 – $9,000,000
$4,886
Moderate
9.7
per 1,000
32.1
per 1,000
8.1
per 1,000
49.9
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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