1051 MERCHANT, Saratoga Springs, UT 84043
5BD/—BA Residential in Saratoga Springs, UT 84043. 2,247 sqft. Built 2023. Listed at $474,999. MLS #2147502.
5BD/—BA Residential in Saratoga Springs, UT 84043. 2,247 sqft. Built 2023. Listed at $474,999. MLS #2147502.
Beautiful 2023 townhome located in a desirable Saratoga Springs community. This spacious home offers 5 bedrooms, 3 bathrooms, and approximately 2,247 sq ft of thoughtfully designed living space. Features include an open-concept layout, modern finishes, and a fully finished basement providing additional living or entertainment space. The home also includes a 2-car garage and low-maintenance living with HOA amenities. Conveniently located near schools, parks, shopping, and major roadways. Move-in ready and ideal for comfortable, modern living. The owners are leaving behind appliances: two washing machines and two dryersone set in the basement and another on the upper flooras well as two full kitchens, two microwaves, two refrigerators, and a freezer.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
County
Utah
Zoning
Multi-Family
Construction
Stucco,Cement Siding
Lot Size
0.03 sq ft
Above Grade Area
1,615 sq ft
Condition
Blt./Standing
MLS #
2147502
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
County
Utah
Zoning
Multi-Family
Construction
Stucco,Cement Siding
Lot Size
0.03 sq ft
Above Grade Area
1,615 sq ft
Condition
Blt./Standing
MLS #
2147502
List Price
$474,999
Original Price
$479,999
HOA Fees
$123 / Monthly
Annual Taxes
$2,545
Home Warranty
No
List Price
$474,999
Original Price
$479,999
HOA Fees
$123 / Monthly
Annual Taxes
$2,545
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
Daylight
Materials
Stucco,Cement Siding
Appliances
Ceiling Fan,Dryer,Freezer,Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
Daylight
Materials
Stucco,Cement Siding
Appliances
Ceiling Fan,Dryer,Freezer,Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
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
11% above
vs Market Median
9% above
Price Reduced
1.0%
Area Growth (YoY)
2.5%
Deal Score Breakdown
30/100
Priced 9% above the per-subtype city median
1% price reduction from original list — seller may be motivated
2.5% year-over-year ZHVI growth in this area
LT net cashflow -$1,090/mo (-32.3% return on ownership cost) · STR net cashflow -$516/mo (-15.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 11% above the median of similar listings
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
$2,594/mo
Range: $1,351 – $3,838
Net Monthly Cash Flow
−$1,090 /mo (−$13,077/yr)
Monthly rental income
Monthly ownership cost
Coverage
77%
Net /mo
−$1,090
DSCR
0.95
Est. Annual Revenue
$48,974/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$517 /mo (−$6,199/yr)
Monthly STR income
Monthly ownership cost
Coverage
121%
Net /mo
−$516
DSCR
1.19
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$514,900
-8% vs median
87 days
409
$271,500 – $2,650,000
$2,545
$123/monthly
Low Crime
4.6
per 1,000
11.4
per 1,000
3.3
per 1,000
19.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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