4 Beds
3.5 Baths
3,836 SqFt
4 Beds
3.5 Baths
3,836 SqFt
Key Details
Property Type Single Family Home
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 3,836 sqft
Price per Sqft $221
Bedrooms 4
Full Baths 3
Half Baths 1
Lot Size 9,583 Sqft
Property Description
Price Reduced to $850,000! Don't miss this prime opportunity to own a luxury home in the coveted Legacy Farms neighborhood.
Projected annual rent:
$64,000
Property Tax:
$3,195
Insurance:
$2,900
Regular Maintenance:
$1,800
Reserves for Replacement:
$3,200
Annual Expenses:
$8,095
Net Operating Income:
$40,905
CAP Rate:
4.72%
What Sets It Apart
This property stands out with unique upgrades such as hand-painted walls, an Aquasana water system, and a 3-car garage with epoxy flooring. Luxury outdoor features, including a covered patio, pergola, and playset, cater to high-end renters. With the home's design and location, it could rent for $4,000-$5,000 per month, making it highly attractive to affluent tenants.
Investor HIghlights
At a price of $850,000, this property offers an estimated 4.7% cap rate, making it a solid choice for investors. With the potential to generate over $60,000 in annual rental income, this home is well-suited for long-term financial growth. Located in the desirable Legacy Farms neighborhood, this property promises steady demand from renters seeking luxury living.
Location
State UT
County Utah
Nearby Locations
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