29 S State St 316 Salt Lake City, UT 84111

1 bed · 1 bath · 656 sq ft · Lot Size: 436 sq ft · Residential Condominium · Salt Lake City Central Business District
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29 S State St 316 is in the Salt Lake City Central Business District neighborhood of Salt Lake City, UT. It is located in Salt Lake County and ZIP code 84111. This Residential Condominium was built in 1919 and is approximately 106 years old. The residential condominium spans 656 sq ft with 1 bedroom and 1 bathroom and sits on a 436 sq ft lot. According to public records, it was last sold in 2002. The Salt Lake City Central Business District area of Salt Lake City has 362 residential homes. Analyze and compare real estate investment strategies for properties like this home at 29 S State St 316 Salt Lake City, UT 84111 with Property Intel by Whitepages.

Investment Potential for 29 S State St 316

The property has a current estimated value of $345,112, which is 17% below the neighborhood median, based on public records. It last sold on May 03, 2002. Projected long-term
is $25,800 annually ($2,150 per month) with a 87% occupancy rate.

Long-Term

Gross Rental
$25,800 per year($2,150 per month)
Net Operating Income
Cap Rate
Occupancy Rate
87%in 84111 zip code
 
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Owners & Occupancy for 29 S State St 316

No contact information is available.

Occupancy

Resident 1******************
Resident 2************* age 62
Resident 3****************

Property Details for 29 S State St 316

Property Details

Property condition, age, exterior, etc. for 29 S State…
Longitude: -111.88777 Latitude: 40.768541 Parcel Number (APN): 16-06-103-052-0000…
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Market Benchmarks

Compare data for 29 S State St 316 in Salt Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$345,112
$290,169
$54,943 (19%)
$450,018
-$68,474 (-15%)
YoY Price Change
0.6%
-133%
Year Built
1919
1982
-63 years
Living Space
656 sq ft
687 sq ft
-31 (-5%)
$ Per Living Sq Ft
$526
$388
$138 (36%)
Lot Size
436 sq ft
436 sq ft
0 (0%)
$ Per Lot Sq Ft
$792
$648
$143 (22%)

Net Operating Income
$20,939
-$2,628 (-13%)
Annual Revenue
$25,800
$28,200
-$2,400 (-9%)
$5,822
$1,667 (29%)
Net Operating Income
$20,939
-$2,628 (-13%)
Cap Rate
6.65%
Home Value Comparison: Property vs. Local and Regional 1-Bed Residential Condominium Medians