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1116 W 1580 N photo 11 / 19

$436,990

1116 W 1580 N, Salem, UT 84653

Type

Townhouse

List Price

$436,990

Price/Sqft

$216

Est Gross Yield

6.9%

$30,000/yr est.

Property Details

Property typeTownhouse
Year built2025
Total units1
Living area2,025 sqft
Bedrooms4
Bathrooms4
Lot size0.03 acres
Parking2 spaces
Days on market72
Listed2026-04-15T00:00:00+00:00

Description

***Contract on this home today and qualify for one of the 2 special financing options: Option 1: As low as 3.75% on an FHA 5/1 ARM, 3.99 % Conventional 7/6 ARM OR Option 2: As low as 4.5% on a 30-year fixed FHA, 4.875% 30 year fixed Conventional, Restrictions apply: Contact us for more information. Welcome to the Kensington plan in the sought-after Harmony Place community in Salem, where modern design meets everyday comfort. The kitchen is beautifully appointed with premium stainless steel gas appliances, and 42" upper cabinets, offering both function and sophistication. The primary suite is a true retreat with dual sinks and a shower featuring a cultured marble surround. Two additional baths provide convenience and style, each with undermount sinks and quartz countertops. Additional highlights include 9-foot ceilings on the main floor, elegant double doors at the den, upgraded railing on both levels, and an 8-foot garage door. With its thoughtful design, upscale finishes, and inviting spaces, the Kensington plan at Harmony Place is the perfect place to call home.

Listed by Timothy S Marshall · Richmond American Homes of Utah, Inc

Location

1116 W 1580 N, Salem, UT 84653

Proforma

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Cap Rate

4.57%

Cash-on-Cash

-0.30%

Cash Flow

-$40/mo

Purchase Price$436,990
Down Payment35% ($152,947)
Interest Rate6.00%
Monthly Rent$2,500/mo
Vacancy5%
Expense Ratio30% ($8,550)

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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 6/26/2026, 1:01:16 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.