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1603 N 250 E photo 11 / 10
Single Family

$549,000

1603 N 250 E, Nephi, UT 84648

Type

SFR

List Price

$549,000

Price/Sqft

$166

Est Gross Yield

4.3%

$23,592/yr est.

Property Details

Property typeSingle Family
Year built2026
Total units1
Living area3,300 sqft
Bedrooms3
Bathrooms2
Lot size0.22 acres
Parking2 spaces
Days on market103
Listed2026-04-04T00:00:00+00:00

Description

Beautiful modern farmhouse on a desirable corner lot offering 3 bedrooms, 2 bathrooms, and 3,300 sq ft of thoughtfully designed living space. Built by a proven builder known for quality craftsmanship and attention to detail. Open-concept floor plan with abundant natural light and stylish finishes throughout. The kitchen features custom cabinetry, quartz countertops, and all appliances included. Spacious living and dining areas provide an ideal layout for everyday living and entertaining. Primary suite offers comfort and functionality, while additional bedrooms provide flexibility for family, guests, or office space. Enjoy outdoor living with a covered deck off the main level and a covered patio at the walkout basement. The unfinished walkout basement allows for future expansion to suit your needs. Additional highlights include a tankless on-demand water heater. Estimated completion date: June 1, 2026.

Listed by Kerry Anderson · Equity Real Estate (Prosper Group)

Location

1603 N 250 E, Nephi, UT 84648

Proforma

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Cap Rate

2.86%

Cash-on-Cash

-4.85%

Cash Flow

-$832/mo

Purchase Price$549,000
Down Payment35% ($192,150)
Interest Rate6.00%
Monthly Rent$1,966/mo
Vacancy5%
Expense Ratio30% ($6,724)

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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 7/16/2026, 9:46:11 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.