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254 E WATER MILL WAY photo 11 / 18
Single Family

$738,870

254 E WATER MILL WAY, Midvale, UT 84070

Type

SFR

List Price

$738,870

Price/Sqft

$255

Est Gross Yield

3.8%

$28,032/yr est.

Property Details

Property typeSingle Family
Year built2026
Total units1
Living area2,898 sqft
Bedrooms3
Bathrooms2
Lot size0.1 acres
Days on market42
Listed2026-05-01T00:00:00+00:00

Description

Rare Rambler Opportunity at The Mill! This brand-new, never-lived-in rambler is a rare find in this community, with limited rambler lots available-opportunities like this don't come up often. Ready September/October 2026, this home offers bright, open living, durable modern finishes, and the ease of front and back yard landscaping included for a seamless move-in. Life at The Mill extends beyond your front door with a community BBQ patio, playground, and convenient access to dining, shopping, TRAX, and Real Salt Lake games. Commuters will love quick access to I-15 and I-215, while nearby canyons offer year-round adventure. Built with comfort and efficiency in mind, this home includes Solar-E windows, advanced insulation, an energy recirculation system, EV outlet, and low-maintenance landscaping. Backed by a full builder warranty, this rare rambler delivers the benefits of brand-new construction from day one. Schedule your tour today!

Listed by Janie Despain Mathis · Garbett Homes

Location

254 E WATER MILL WAY, Midvale, UT 84070

Proforma

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Cap Rate

2.52%

Cash-on-Cash

-5.74%

Cash Flow

-$1,326/mo

Purchase Price$738,870
Down Payment35% ($258,604)
Interest Rate6.00%
Monthly Rent$2,336/mo
Vacancy5%
Expense Ratio30% ($7,989)

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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, 2:00:56 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.