1612 240, Spanish Fork, UT 84660
7BD/—BA Residential in Spanish Fork, UT 84660. 4,288 sqft. Built 2026. Listed at $752,500. MLS #2118357.
7BD/—BA Residential in Spanish Fork, UT 84660. 4,288 sqft. Built 2026. Listed at $752,500. MLS #2118357.
Build your dream home in our beautiful new Skye Meadows community (brought to you by Hillwood Homes). Located in Spanish *This is a To-Be-Built home. Model home is open daily Monday- Saturday. This community consists of 49 single family homesites ranging from .16-.28 acres. Skye Meadows offers multiple spacious floor plans to choose from including high end finishes. This listing showcases our 'Hazel' floor plan which includes a large great room with two-story tall ceilings, separate mud room just off the garage, with the primary suite on the the main level. Upstairs you'll find 3 bedrooms. With the basement finished this home could accommodate 7 bedrooms and 3.5 baths . We are currently offering an incentive when working with our preferred lender Model Home is open Monday-Friday 12pm-6pm and Saturday 11am-5pm.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
SKY MEADOWS
County
Utah
Zoning
Single-Family
Construction
Asphalt,Brick,Stucco
Lot Size
0.18 sq ft
Above Grade Area
2,588 sq ft
MLS #
2118357
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
SKY MEADOWS
County
Utah
Zoning
Single-Family
Construction
Asphalt,Brick,Stucco
Lot Size
0.18 sq ft
Above Grade Area
2,588 sq ft
MLS #
2118357
List Price
$752,500
Annual Taxes
$1
Home Warranty
Yes
List Price
$752,500
Annual Taxes
$1
Home Warranty
Yes
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Asphalt,Brick,Stucco
Appliances
Microwave
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Asphalt,Brick,Stucco
Appliances
Microwave
Laundry
Electric Dryer Hookup
Water Source
Culinary
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
77/100
vs Similar Homes
11% above
vs Market Median
11% below
Area Growth (YoY)
6.7%
Deal Score Breakdown
77/100 · 2 qualifying signals
Priced 11% below the per-subtype city median
6.7% year-over-year ZHVI growth in this area
LT net cashflow +$23/mo (+0.5% return on ownership cost) · STR net cashflow -$1,261/mo (-26.5% 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
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
$5,428/mo
Range: $3,267 – $7,589
Net Monthly Cash Flow
+$24 /mo (+$285/yr)
Monthly rental income
Monthly ownership cost
Coverage
114%
Net /mo
+$23
DSCR
1.27
Est. Annual Revenue
$59,863/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,262 /mo (−$15,140/yr)
Monthly STR income
Monthly ownership cost
Coverage
105%
Net /mo
−$1,261
DSCR
0.93
Elementary
Spring LakeMiddle School
Spanish Fork JrHigh School
Spanish ForkSchool District
Nebo
Best Download
2 Gbps
Best Upload
250 Mbps
Fiber Available
No
Providers
10
Available Providers
$500,000
+51% vs median
76 days
201
$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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