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1202 SOUTH 500 E photo 11 / 42
Single FamilyADU Potential

$1,199,000

1202 SOUTH 500 E, Salem, UT 84653

Type

SFR

List Price

$1.20M

Price/Sqft

$286

Est Gross Yield

2.5%

$30,000/yr est.

Property Details

Property typeSingle Family
Year built2013
Total units1
Living area4,192 sqft
Bedrooms6
Bathrooms4
Lot size0.34 acres
Parking7 spaces
Days on market1
Listed2026-07-01T00:00:00+00:00

Description

Don't forget to check out the 3D tour at the top. Come see this beautiful home located next to Harvest Ridge. NEW carpet, NEW Hardwood floor, NEW decking. Finished basement ready for Mother in law live in w/ full kitchen, laundry and entrance, all professionally done. Main floor is wide open design with a roomy master, dual heads in MB and a guest bedroom. Kitchen has a great open feel, There's even Reverse Osmosis drinking water at the tap on sink #2. The garage is 3+ with extra height, width and length- must see. Landscaping includes mature trees, unique under ground water system, garden, Fruit trees, House Matching shed, covered Hot Tub, Rv pad, Classy Fire pit and Welcoming water feature in front. Theres a mini split in the large bonus area to keep it at temp with foam infused walls. The neighborhood cannot be beat, Come check it out. Square footage figures are provided as a courtesy estimate only and were obtained from the tax records. Buyer is advised to obtain an independent measurement.

Listed by Christopher Whiteman · Bybee & Co Realty, LLC

Location

1202 SOUTH 500 E, Salem, UT 84653

Proforma

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Cap Rate

1.66%

Cash-on-Cash

-8.03%

Cash Flow

-$3,010/mo

Purchase Price$1,199,000
Down Payment35% ($419,650)
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 7/2/2026, 12:14:27 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.