2588 S 900 E 25 Salt Lake City, UT 84106

2 beds · 1 bath · 935 sq ft · Lot Size: 436 sq ft · Residential Condominium · Nibley
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2588 S 900 E 25 is in the Nibley neighborhood of Salt Lake City, UT. It is located in Salt Lake County and ZIP code 84106. This Residential Condominium was built in 1976 and is approximately 49 years old. The residential condominium spans 935 sq ft with 2 bedrooms and 1 bathroom and sits on a 436 sq ft lot. According to public records, it was last sold in 2002 for $67,599. The Nibley area of Salt Lake City has 56 residential homes. Analyze and compare real estate investment strategies for properties like this home at 2588 S 900 E 25 Salt Lake City, UT 84106 with Property Intel by Whitepages.

Investment Potential for 2588 S 900 E 25

The property has a current estimated value of $377,409, which is 0% below the neighborhood median, based on public records. It last sold on February 08, 2002 for $67.6K. Projected long-term
is $28,800 annually ($2,400 per month) with a 92% occupancy rate.

Long-Term

Gross Rental
$28,800 per year($2,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 84106 zip code
 
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Owners & Occupancy for 2588 S 900 E 25

No contact information is available.

Occupancy

Resident 1***************** age 67

Property Details for 2588 S 900 E 25

Property Details

Property Sq Ft

Living Area

935 sq ft

Compare to Nibley

Lot Size

436 sq ft

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Price Per Sq Ft

Living Area

$404 / sq ft

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Lot Size Area

$866 / sq ft

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Property condition, age, exterior, etc. for 2588 S 900…
Longitude: -111.867134 Latitude: 40.714209 Parcel Number (APN): 16-20-385-025-0000…
Mortgage originated on through lender: Axiom Fin'l for$*****View Mortgage Details
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Market Benchmarks

Compare data for 2588 S 900 E 25 in Salt Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$377,409
$325,001
$52,408 (16%)
$464,210
$282,816 (61%)
YoY Price Change
0.73%
451%
Year Built
1976
1986
-10 years
Living Space
935 sq ft
1,083 sq ft
-148 (-14%)
$ Per Living Sq Ft
$404
$304
$100 (33%)
Lot Size
436 sq ft
436 sq ft
0 (0%)
$ Per Lot Sq Ft
$866
$605
$260 (43%)

Net Operating Income
$22,380
-$1,445 (-6%)
Annual Revenue
$28,800
$30,000
-$1,200 (-4%)
$7,128
$737 (10%)
Net Operating Income
$22,380
-$1,445 (-6%)
Cap Rate
6.65%
Home Value Comparison: Property vs. Local and Regional 2-Bed Residential Condominium Medians