3790 FORMBY CIR, Syracuse, UT 84075
5BD/—BA Residential in Syracuse, UT 84075. 3,380 sqft. Built 1999. Listed at $695,000. MLS #2161481.
5BD/—BA Residential in Syracuse, UT 84075. 3,380 sqft. Built 1999. Listed at $695,000. MLS #2161481.
This beautiful property is perfectly situated at the end of a quiet cul-de-sac and backs up to a golf course in a vibrant area of Syracuse with quick access to the new West Davis Corridor. The open floor plan and spacious basement make this house perfect for entertaining. Rooftop solar panels (owned, not leased) with legitimate battery backup power the home. Huge garage is heated and has a built-in air compressor, making it an excellent work space with plenty of room to park vehicles as well. Both the garage and RV pad have 220 for your RV or electric vehicle.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
PRESTWICK
County
Davis
Zoning
Single-Family
Construction
Aluminum,Asphalt,Brick,Stucco
Lot Size
0.36 sq ft
Above Grade Area
1,690 sq ft
Condition
Blt./Standing
MLS #
2161481
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
PRESTWICK
County
Davis
Zoning
Single-Family
Construction
Aluminum,Asphalt,Brick,Stucco
Lot Size
0.36 sq ft
Above Grade Area
1,690 sq ft
Condition
Blt./Standing
MLS #
2161481
List Price
$695,000
Annual Taxes
$3,466
Home Warranty
No
List Price
$695,000
Annual Taxes
$3,466
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Aluminum,Asphalt,Brick,Stucco
Appliances
Refrigerator
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Aluminum,Asphalt,Brick,Stucco
Appliances
Refrigerator
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
10
Garage Spaces
3
Covered Spaces
3
Total Parking
10
Why this is a deal
Classification
Standard
Deal Score
62/100
vs Similar Homes
1% above
vs Market Median
4% above
Area Growth (YoY)
5.2%
Deal Score Breakdown
62/100 · 1 qualifying signal
5.2% year-over-year ZHVI growth in this area
Priced 1% above the median of similar listings
Priced 4% above the per-subtype city median
LT net cashflow -$780/mo (-16.6% return on ownership cost) · STR net cashflow -$1,142/mo (-24.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$4,460/mo
Range: $3,645 – $5,274
Net Monthly Cash Flow
−$779 /mo (−$9,351/yr)
Monthly rental income
Monthly ownership cost
Coverage
95%
Net /mo
−$780
DSCR
1.12
Est. Annual Revenue
$61,068/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,142 /mo (−$13,707/yr)
Monthly STR income
Monthly ownership cost
Coverage
108%
Net /mo
−$1,142
DSCR
1.02
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$529,900
+31% vs median
37 days
96
$355,000 – $1,150,000
$3,466
Low Crime
5.6
per 1,000
12.8
per 1,000
4.2
per 1,000
22.6
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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