242 HILLCREST, Spanish Fork, UT 84660
5BD/—BA Residential in Spanish Fork, UT 84660. 3,994 sqft. Built 2026. Listed at $810,670. MLS #2081471.
5BD/—BA Residential in Spanish Fork, UT 84660. 3,994 sqft. Built 2026. Listed at $810,670. MLS #2081471.
Welcome to Skye Meadows, brought to by Hillwood Homes. Highlighting our most popular plan, the Grassland. Offering main floor living, vaulted ceilings, thoughtfully designed kitchen and great room, along with a main floor office. *List price includes the finished basement that adds 4 beds and 2 baths. Although we offer a semi-custom build process, we include luxurious standard features - quartz countertops, soft-close cabinets, SS appliances, 9' basement ceilings and more.. Photos are of Model home of different floor plan and/or conceptual renderings. Actual finishes and floor plan will vary. Call Adam for info on incentives, build times, options, etc,
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
SKYE MEADOWS
County
Utah
Zoning
Single-Family
Construction
Stucco,Cement Siding
Lot Size
0.18 sq ft
Above Grade Area
1,997 sq ft
MLS #
2081471
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
SKYE MEADOWS
County
Utah
Zoning
Single-Family
Construction
Stucco,Cement Siding
Lot Size
0.18 sq ft
Above Grade Area
1,997 sq ft
MLS #
2081471
List Price
$810,670
Original Price
$783,170
Annual Taxes
$1
Home Warranty
No
List Price
$810,670
Original Price
$783,170
Annual Taxes
$1
Home Warranty
No
Heating
Forced Air,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Daylight,Slab
Materials
Stucco,Cement Siding
Appliances
Trash Compactor,Microwave
Patio & Porch
Porch: Open
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Daylight,Slab
Materials
Stucco,Cement Siding
Appliances
Trash Compactor,Microwave
Patio & Porch
Porch: Open
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Strong Cash FlowDeal Score
65/100
vs Similar Homes
15% above
vs Market Median
7% above
Area Growth (YoY)
4.9%
Deal Score Breakdown
65/100 · 1 qualifying signal
LT net cashflow +$486/mo (+9.4% return on ownership cost) · STR net cashflow -$2,259/mo (-43.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
4.9% year-over-year ZHVI growth in this area
Priced 7% above the per-subtype city median
Priced 15% above the median of similar listings
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
$6,444/mo
Range: $5,226 – $7,662
Net Monthly Cash Flow
+$487 /mo (+$5,839/yr)
Monthly rental income
Monthly ownership cost
Coverage
124%
Net /mo
+$486
DSCR
1.38
Est. Annual Revenue
$50,142/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$2,260 /mo (−$27,119/yr)
Monthly STR income
Monthly ownership cost
Coverage
81%
Net /mo
−$2,259
DSCR
0.71
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$500,000
+62% vs median
76 days
204
$183,750 – $9,500,000
$1
Low Crime
4.6
per 1,000
14.6
per 1,000
4.7
per 1,000
23.8
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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