316 JESSICA VIEW, South Salt Lake, UT 84115
3BD/—BA Residential in South Salt Lake, UT 84115. 1,709 sqft. Built 2026. Listed at $495,000. MLS #2103794.
3BD/—BA Residential in South Salt Lake, UT 84115. 1,709 sqft. Built 2026. Listed at $495,000. MLS #2103794.
Model now open!! Builder is offering 3% in buyer incentives to pay for your closing costs or lower your interest rate!! 300 Lofts Townhomes, a pinnacle of modern living in South Lake Utah brought to you by Next Level Homes! Step into the epitome of contemporary style with this stunning PUD-style townhome, offering not just a residence but a savvy investment opportunity. Designed with a sleek, modern vibe, this home features an expansive open great room, three bedrooms including a luxurious primary ensuite, three bathrooms, a chic glass balcony, and a generous two-car garage. Embrace a lifestyle of convenience and community with amenities like a pickleball court, a dog park, and two vibrant social firepit/BBQ areas. Situated just moments from the bustling 3300 South commerce corridor, you'll have easy access to a plethora of dining options, boutique shops, a cinema, cozy cafes, and major commuting routes including Interstate 15 and Trax/bus lines. Whether you're headed to downtown Salt Lake, Salt Lake Community College, Westminster University, University of Utah, the breathtaking Wasatch Canyons, or catching a flight at Salt Lake International Airport, you're just a quick 10-15 minute commute away from it all. Don't miss out on the chance to make 300 Lofts your new address-where contemporary design meets unbeatable convenience in South Lake Utah! Make your reservation now!
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
300 LOFTS
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Composition,Stucco
Lot Size
0.02 sq ft
Above Grade Area
1,709 sq ft
Condition
Blt./Standing
MLS #
2103794
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
300 LOFTS
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Composition,Stucco
Lot Size
0.02 sq ft
Above Grade Area
1,709 sq ft
Condition
Blt./Standing
MLS #
2103794
List Price
$495,000
Original Price
$555,000
HOA Fees
$200 / Monthly
Annual Taxes
$674
Home Warranty
No
List Price
$495,000
Original Price
$555,000
HOA Fees
$200 / Monthly
Annual Taxes
$674
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Tile
Basement
Slab
Materials
Brick,Composition,Stucco
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Tile
Basement
Slab
Materials
Brick,Composition,Stucco
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Motivated SellerDeal Score
83/100
vs Similar Homes
1% below
vs Market Median
9% below
Price Reduced
10.8%
Area Growth (YoY)
2.0%
Deal Score Breakdown
83/100 · 2 qualifying signals
11% price reduction from original list — seller may be motivated
Priced 9% below the per-subtype city median
Priced 1% below the median of similar listings
LT net cashflow -$161/mo (-4.7% return on ownership cost) · STR net cashflow -$1,314/mo (-38.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
2.0% year-over-year ZHVI growth in this area
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
$3,706/mo
Range: $3,036 – $4,376
Net Monthly Cash Flow
−$161 /mo (−$1,929/yr)
Monthly rental income
Monthly ownership cost
Coverage
108%
Net /mo
−$161
DSCR
1.30
Est. Annual Revenue
$36,137/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,313 /mo (−$15,760/yr)
Monthly STR income
Monthly ownership cost
Coverage
88%
Net /mo
−$1,314
DSCR
0.84
Elementary
LincolnMiddle School
Granite ParkHigh School
CottonwoodSchool District
Granite
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$472,340
+5% vs median
64 days
35
$190,700 – $715,000
$674
$200/monthly
High Crime
29.1
per 1,000
89.6
per 1,000
61.5
per 1,000
180.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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