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1978 E COLETTE ST photo 11 / 63
Single Family

$700,000

1978 E COLETTE ST, Lake Point, UT 84074

Type

SFR

List Price

$700,000

Price/Sqft

$141

Est Gross Yield

4.0%

$27,684/yr est.

Property Details

Property typeSingle Family
Year built2023
Total units1
Living area4,948 sqft
Bedrooms4
Bathrooms3
Lot size0.25 acres
Parking3 spaces
Days on market89
Listed2026-05-01T00:00:00+00:00

Description

Built in 2023, this better-than-new Lake Point home offers a custom four-season sunroom designed for year-round enjoyment. The home features a thoughtfully upgraded kitchen with quality finishes, along with a fully landscaped yard that's ready to enjoy. The backyard is fully fenced with double gates and includes space for RV parking (up to 30 feet), an in-ground trampoline, and a 12' x 16' Tuff Shed for additional storage. Inside and out, you'll find practical upgrades like custom window well covers with EZ Lift systems and overhead garage storage racks. The backyard opens to protected green space with unobstructed views, creating a peaceful setting and beautiful sunsets. Located in Lake Point, this home offers a quieter lifestyle with convenient access to everything you need-approximately 25 minutes to downtown Salt Lake City and about 35 minutes to the University of Utah and Research Park. Move-in ready and thoughtfully finished, this home offers the benefits of new construction without the wait.

Listed by Jessica Ouzts · KW Success Keller Williams Realty (Layton)

Location

1978 E COLETTE ST, Lake Point, UT 84074

Proforma

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Cap Rate

2.63%

Cash-on-Cash

-5.46%

Cash Flow

-$1,194/mo

Purchase Price$700,000
Down Payment35% ($245,000)
Interest Rate6.00%
Monthly Rent$2,307/mo
Vacancy5%
Expense Ratio30% ($7,890)

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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 7/29/2026, 9:11:05 PM. 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.