1462 E 6400 S Murray, UT 84121

4 beds · 3 baths · 2,450 sq ft · Lot Size: 8,712 sq ft · Single Family Home · Cottonwood West
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1462 E 6400 S is in the Cottonwood West neighborhood of Murray, UT. It is located in Salt Lake County and ZIP code 84121. This Single Family Home was built in 1958 and is approximately 67 years old. The single family home spans 2450 sq ft with 4 bedrooms and 3 bathrooms and sits on a 8712 sq ft lot. According to public records, it was last sold in 2009 for $227,595. The Cottonwood West area of Murray has 1643 residential homes. Analyze and compare real estate investment strategies for properties like this home at 1462 E 6400 S Murray, UT 84121 with Property Intel by Whitepages.

Investment Potential for 1462 E 6400 S

The property has a current estimated value of $644,547, which is 6% below the neighborhood median, based on public records. It last sold on November 16, 2009 for $228K. Projected long-term
is $37,200 annually ($3,100 per month) with a 91% occupancy rate.

Long-Term

Gross Rental
$37,200 per year($3,100 per month)
Net Operating Income
Cap Rate
Occupancy Rate
91%in 84121 zip code
 
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Owners & Occupancy for 1462 E 6400 S

No contact information is available.

Occupancy

Resident 1***************
Resident 2***********
Resident 3**************** age 49
Resident 4************* age 46

Property Details for 1462 E 6400 S

Property Details

Property Sq Ft

Living Area

2,450 sq ft

Compare to Cottonwood West

Lot Size

8,712 sq ft

Compare to Cottonwood West

Price Per Sq Ft

Living Area

$263 / sq ft

Compare to Cottonwood West

Lot Size Area

$74 / sq ft

Compare to Cottonwood West
Property condition, age, exterior, etc. for 1462 E 640…
Longitude: -111.850305 Latitude: 40.634459 Parcel Number (APN): 22-21-156-005-0000…
Mortgage originated on through lender: Veritas Fndg Llc for$******View Mortgage Details
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Market Benchmarks

Compare data for 1462 E 6400 S in Salt Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$644,547
$574,545
$70,002 (12%)
$713,979
$89,578 (13%)
YoY Price Change
2.08%
-162%
Year Built
1958
1994
-36 years
Living Space
2,450 sq ft
2,319 sq ft
131 (6%)
$ Per Living Sq Ft
$263
$265
-$2 (-1%)
Lot Size
8,712 sq ft
10,019 sq ft
-1307 (-13%)
$ Per Lot Sq Ft
$74
$59
$15 (26%)

Net Operating Income
$24,602
-$382 (-2%)
Annual Revenue
$37,200
$36,600
$600 (2%)
$10,489
$2,491 (24%)
Net Operating Income
$24,602
-$382 (-2%)
Cap Rate
4.25%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians