4250 W 5500 S Kearns, UT 84118

3 beds · 1 bath · 1,036 sq ft · Lot Size: 7,405 sq ft · Single Family Home · Kearns
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4250 W 5500 S is in the Kearns neighborhood of Kearns, UT. It is located in Salt Lake County and ZIP code 84118. This Single Family Home was built in 1950 and is approximately 75 years old. The single family home spans 1036 sq ft with 3 bedrooms and 1 bathroom and sits on a 7405 sq ft lot. According to public records, it was last sold in 2008 for $131,260. The Kearns area of Kearns has 4278 residential homes. Analyze and compare real estate investment strategies for properties like this home at 4250 W 5500 S Kearns, UT 84118 with Property Intel by Whitepages.

Investment Potential for 4250 W 5500 S

The property has a current estimated value of $323,421, which is 11% below the neighborhood median, based on public records. It last sold on August 19, 2008 for $131K. Projected long-term
is $29,400 annually ($2,450 per month) with a 99% occupancy rate.

Long-Term

Gross Rental
$29,400 per year($2,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
99%in 84118 zip code
 
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Owners & Occupancy for 4250 W 5500 S

No contact information is available.

Occupancy

Current Occupancy******View Occupancy

Property Details for 4250 W 5500 S

Property Details

Property Sq Ft

Living Area

1,036 sq ft

Compare to Kearns

Lot Size

7,405 sq ft

Compare to Kearns

Price Per Sq Ft

Living Area

$312 / sq ft

Compare to Kearns

Lot Size Area

$44 / sq ft

Compare to Kearns
Property condition, age, exterior, etc. for 4250 W 550…
Longitude: -111.992408 Latitude: 40.651485 Parcel Number (APN): 21-18-208-007-0000…
Mortgage originated on through lender: Security Nat'l Mtg Co for$******View Mortgage Details
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Market Benchmarks

Compare data for 4250 W 5500 S in Salt Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$323,421
$491,172
-$167,752 (-34%)
$619,839
-$235,944 (-38%)
YoY Price Change
2.55%
2%
Year Built
1950
1998
-48 years
Living Space
1,036 sq ft
1,715 sq ft
-679 (-40%)
$ Per Living Sq Ft
$312
$286
$26 (9%)
Lot Size
7,405 sq ft
8,276 sq ft
-871 (-11%)
$ Per Lot Sq Ft
$44
$58
-$15 (-25%)

Net Operating Income
$22,984
-$2,168 (-9%)
Annual Revenue
$29,400
$33,600
-$4,200 (-12%)
$9,277
-$693 (-7%)
Net Operating Income
$22,984
-$2,168 (-9%)
Cap Rate
4.49%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians