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1001 S 480 E, Nephi, UT 84648
$779,000
1001 S 480 E, Nephi, UT 84648
Type
SFR
List Price
$779,000
Price/Sqft
$158
Est Gross Yield
3.0%
$23,040/yr est.
Property Details
Description
Custom all brick rambler with quality craftsmanship and a layout that just makes sense. Vaulted ceilings on the main floor and 9' ceilings in the basement create an open, inviting feel throughout. The main level features an open concept family room and kitchen designed for gathering, complete with an 8' island, granite countertops, large space for table, double ovens, oversized commercial fridge, 6-burner range with pot filler, and a large walk-in pantry. The basement offers a standout mother-in-law apartment or studio option with its own separate entrance access through garage and separate laundry. Plumbing is already in place for a kitchenette, and a new 3/4 bath is currently being installed, making this an ideal setup for multi-generational living, guests, or added income potential. The primary suite features a private ensuite with double sinks, a separate oversized tub and shower, with a spacious walk-in closet. You'll also love the oversized laundry room with storage, folding counters, and a utility sink, along with a functional mud room just off the garage for the whole family. Additional basement space includes three bedrooms, a full bath with double sinks, walk-in closets, a family room with a kitchenette area, includes electric stove and refrigerator, setup for cozy woodburning stove. Plenty of storage throughout. Outside, enjoy a fully fenced and landscaped yard with a sprinkler system, 30 amp RV plug, XL covered patio with hot tub hookups and covered porch-perfect for taking in both sunrise and sunset views. The property also features a three-car garage with an extended-length bay offering extra depth for vehicles, toys, or workspace, along with RV parking and curb and gutter.
Listed by Meadow Perides · The Agency Salt Lake City (Nephi)
Location
1001 S 480 E, Nephi, UT 84648
Proforma
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Cap Rate
1.97%
Cash-on-Cash
-7.23%
Cash Flow
-$1,759/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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