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1051 N 1060 W LOT #36 W photo 11 / 11
Single Family

$488,000

1051 N 1060 W LOT #36 W, Salem, UT 84653

Type

SFR

List Price

$488,000

Price/Sqft

$334

Est Gross Yield

4.8%

$23,616/yr est.

Property Details

Property typeSingle Family
Year built2026
Total units1
Living area1,461 sqft
Bedrooms3
Bathrooms3
Lot size0.15 acres
Parking2 spaces
Days on market10
Listed2026-06-02T00:00:00+00:00

Description

INTEREST RATES STARTING AS LOW AS 4.99% with our preferred lender or $20,000 INCENTIVE towards closing costs, rate buydown, or price reduction regardless of lender! (Talk to agent for conditions.)This is our Must-See New Arrowhead Springs Community in Salem! This beautiful home was built by Flagship Homes and features 3 bedrooms, 2.5 bathrooms, quartz slab countertops, painted cabinets, laminate flooring on the main level, a corner lot, landscaped front yard, 2 car garage, and backyard (can be landscaped for an additional charge). The primary bedroom has a vaulted ceiling, large walk-in closet, and dual sinks! Our Arrowhead Springs community will have a 52-acre park, clubhouses, pools and everything you can think of when it comes to Amenities! This community is close to the Freeway (4 minutes) and is in a beautiful location! Call Seth more information or stop by our model home at 1074 N 1020 W Salem, Utah 84653 for a tour. Model home hours: Monday-Saturday 11 AM - 6 PM. Buyers to verify all information. Square footage is from house plans.

Listed by Seth Corry · True North Realty LLC

Location

1051 N 1060 W LOT #36 W, Salem, UT 84653

Proforma

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Cap Rate

3.22%

Cash-on-Cash

-3.89%

Cash Flow

-$593/mo

Purchase Price$488,000
Down Payment35% ($170,800)
Interest Rate6.00%
Monthly Rent$1,968/mo
Vacancy5%
Expense Ratio30% ($6,731)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/12/2026, 2:07:39 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.