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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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14382 S Ferndale Way , Herriman, UT 84096
$1,280,000
Est. Payment: $2,844.44/mo
12 Bed
9 Bath
9752 Sqft
Status: Backup | Days on site: 160
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House Description

Huge REDUCTION! Turnkey 4-Unit Townhouse Investment Proven Cash Flow for separate modern 3 bed/2 bath townhomes built 2016, featuring granite countertops & open layouts. 2 units have 100% finished basements. Currently 100% occupied. Impressive 98% average occupancy over the past 3 years. Professionally managed for 10 years. Residents enjoy community pool + clubhouse amenities mere feet away that drive tenant satisfaction and support higher rents. 100 yards away from Mountain View Corridor makes this a commuter's dream. Schools within walking distance, as well as community park/playground. Low-maintenance, young construction delivers stable income with strong appreciation potential. Perfect hands-off investment opportunity reliable returns from day one! Avg. rent increases in area approx. 3-5%/yr. Another buyer's option could possibly be separating/rezoning units and sold separately as single family townhouses, which currently could range from $375k-$400k each. Current leases very owner friendly. HOA fees cover water/sewage/trash/internet/yard maintenance/snow removal and pool/clubhouse maintenance. Sq. footage provided by professional appraisal.

Highlights

Listed by Charles Adam Peart , 801-748-1044 Boardwalk Realty & Management , 801-748-1044.

Property Type

Residential

Lot/Acreage
0.08

HOA Fee

1166 Monthly

Year Built

2016

County

Salt Lake

Area

WJ; SJ; Rvrton; Herriman; Bingh

Neighborhood

Rosecrest Subdivision

School District

Jordan

Listing ID

2145417

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:9
  • Full Bathrooms:
Appliances:Window Coverings
Floor:Carpet,Linoleum,Vinyl
Other:
  • Closet:Walk-In
  • Range/Oven:Free Stdng.
  • Dishwasher:Built-In
  • Additional:Disposal, Granite Countertops
Water:Culinary

Exterior Features

Lot:Corner Lot,Road: Paved,Sidewalks,Sprinkler: Auto-Full,Terrain: Grad Slope,View: Mountain,View: Valley
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:14
Zoning:8205
Roof:Asphalt
Others:
  • Additional:Double Pane Windows, Lighting, Blt./Standing
Sewer:Sewer: Connected,Sewer: Public
Parking Features:Attached,Opener
Principal Interest
$2,844
Taxes
$639
HOA
$1,166

Home Price

$1,280,000

Loan Details

30 yrs
%

Down Payment

20%
$256,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,844.44

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,844.44 $638.58 $1,166.00 $4,649.03
Yearly $34,133.33 $7,663.00 $13,992.00 $55,788.33
Total $1,024,000.00 $229,890.00 $419,760.00 $1,673,650.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Herriman, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.