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Single FamilyADU Potential

$794,900

1288 N HORIZON VIEW W LOOP, Elk Ridge, UT 84651

Type

SFR

List Price

$794,900

Price/Sqft

$177

Est Gross Yield

3.5%

$27,660/yr est.

Property Details

Property typeSingle Family
Year built2016
Total units1
Living area4,484 sqft
Bedrooms5
Bathrooms4
Lot size0.2 acres
Parking6 spaces
Days on market218
Listed2025-11-06T00:00:00+00:00

Description

New Price Drop! Move-in ready 5 BED / 3.5 BATH home with unobstructed views of Mount Loafer and no rear neighbors. Built less than 10 years ago, this one-owner property has been well maintained! Main level features 3 bedrooms and 2.5 bathrooms, including a master suite with walk-in closet as well as a spacious Office. Open kitchen and living area with large windows showcasing mountain views. Basement is fully finished with 2 bedrooms, 1 bathroom, a large Family/Rec room, generous windows, and recessed lighting, as well as KITCHENETTE, with the potential to convert into a MOTHER IN LAW apartment! Backyard includes white vinyl fencing, automatic sprinklers, raspberry patches, and direct gate access to city parkland with trails, park, and disc golf. Extras include a 2-car garage with , water softener, all appliances, and window coverings. Updated Water Heater. Quiet street, 10 minutes from I-15, close to schools and shopping, and less than a mile from Gladstan Golf Course.

Listed by Nick Jenson · Realtypath LLC (Secure)

Location

1288 N HORIZON VIEW W LOOP, Elk Ridge, UT 84651

Proforma

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Cap Rate

2.31%

Cash-on-Cash

-6.30%

Cash Flow

-$1,565/mo

Purchase Price$794,900
Down Payment35% ($278,215)
Interest Rate6.00%
Monthly Rent$2,305/mo
Vacancy5%
Expense Ratio30% ($7,883)

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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, 2:03:12 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.