278 NEW CENTURY, South Salt Lake, UT 84115
3BD/—BA Residential in South Salt Lake, UT 84115. 1,345 sqft. Built 1996. Listed at $349,000. MLS #2153716.
3BD/—BA Residential in South Salt Lake, UT 84115. 1,345 sqft. Built 1996. Listed at $349,000. MLS #2153716.
Beautifully updated 3 bedroom, 2 bathroom condo in the desirable gated Century Park East community. This clean, move-in ready unit offers a great central Salt Lake location with convenient access to I-15, I-80, schools, parks, shopping, dining, and downtown. The open and functional floor plan features LVP flooring throughout, a spacious living area, dining space, and access to a private deck with additional storage. The kitchen includes nice appliances, a gas range, white cabinetry, and great everyday functionality. The primary suite includes a walk-in closet and private full bathroom, with two additional bedrooms and a second full bath down the hall. Washer, dryer, and refrigerator are all included! Enjoy low-maintenance living in a well-kept gated community with snow removal, yard care, water, sewer, outdoor electricity, and Xfinity internet included. Two reserved parking spaces are included, one covered and one uncovered. Buyer to verify all information. Square footage figures are provided as a courtesy estimate only and were obtained from previous listing. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
PARK
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,345 sq ft
Condition
Blt./Standing
MLS #
2153716
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
PARK
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,345 sq ft
Condition
Blt./Standing
MLS #
2153716
List Price
$349,000
Original Price
$359,900
HOA Fees
$380 / Monthly
Annual Taxes
$1,994
Home Warranty
No
List Price
$349,000
Original Price
$359,900
HOA Fees
$380 / Monthly
Annual Taxes
$1,994
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
None
Materials
Brick,Stucco
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
None
Materials
Brick,Stucco
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
1
Total Parking
3
Covered Spaces
1
Total Parking
3
Classification
Standard
Deal Score
45/100
vs Similar Homes
20% above
vs Market Median
3% above
Price Reduced
3.0%
Area Growth (YoY)
2.0%
Deal Score Breakdown
45/100
3% price reduction from original list — seller may be motivated
LT net cashflow -$193/mo (-7.0% return on ownership cost) · STR net cashflow -$925/mo (-33.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 3% above the per-subtype city median
2.0% year-over-year ZHVI growth in this area
Priced 20% 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
$2,907/mo
Range: $2,329 – $3,485
Net Monthly Cash Flow
−$193 /mo (−$2,311/yr)
Monthly rental income
Monthly ownership cost
Coverage
106%
Net /mo
−$193
DSCR
1.47
Est. Annual Revenue
$31,300/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$924 /mo (−$11,091/yr)
Monthly STR income
Monthly ownership cost
Coverage
95%
Net /mo
−$925
DSCR
1.05
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$472,340
-26% vs median
64 days
33
$190,700 – $715,000
$1,994
$380/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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