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1292 S 1220 E photo 11 / 38
Single Family

$1,399,000

Reduced from $1,425,000 · 3 days ago

1292 S 1220 E, Salem, UT 84653

Type

SFR

List Price

$1.40M

Price/Sqft

$268

Est Gross Yield

2.1%

$30,000/yr est.

Property Details

Property typeSingle Family
Year built2025
Total units1
Living area5,213 sqft
Bedrooms7
Bathrooms5
Lot size0.32 acres
Parking3 spaces
Days on market108
Listed2026-03-03T00:00:00+00:00

Description

**Offering a 3.99% starting interest rate via a seller-paid 2/1 buy down and closing costs paid up to $6k. **Buyer must qualify through Seller's Preferred Lender to obtain rate buydown. Nestled on a scenic corner lot in Salem, Utah, this stunning farmhouse-style home offers the perfect blend of rustic charm coupled with modern touches, all framed by breathtaking views of the mountains and Utah Lake from the expansive back porch. Featuring 7 spacious bedrooms, big bathrooms, and thoughtfully designed living areas, this home is ideal for gatherings and entertaining. The interior boasts beautiful wood beams, elegant lighting, and custom tile work that add warmth and sophistication throughout. With 3 porches featuring overhangs, a 3-car garage, and abundant storage space, there's room for everything you need. The downstairs snack bar and theater room make for the ultimate gathering spaces, while the open layout ensures a comfortable flow between rooms. Whether you're relaxing on the porch or enjoying cozy nights indoors, this home is designed to fit every stage of life. Don't miss the chance to experience farmhouse elegance and unparalleled views in one of Salem's most desirable locations. This house is equipped with GE Cafe appliances as well as many other designer brands such as Ralph Lauren lighting throughout the house.

Listed by Shane Wilde · Engel & Volkers Park City

Location

1292 S 1220 E, Salem, UT 84653

Proforma

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Cap Rate

1.43%

Cash-on-Cash

-8.67%

Cash Flow

-$3,790/mo

Purchase Price$1,399,000
Down Payment35% ($489,650)
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 6/19/2026, 4:26:59 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.