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2984 E 1300 S photo 11 / 40
Single FamilyADU Potential2nd Kitchen

$575,000

2984 E 1300 S, Spanish Fork, UT 84660

Type

SFR

List Price

$575,000

Price/Sqft

$181

Est Gross Yield

5.3%

$30,456/yr est.

Property Details

Property typeSingle Family
Year built1996
Total units1
Living area3,172 sqft
Bedrooms5
Bathrooms4
Lot size0.25 acres
Parking2 spaces
Days on market61
Listed2026-06-05T00:00:00+00:00

Description

Recently appraised at $585,000, offering the next buyer immediate equity! Back on the market due to the previous buyer's financial circumstances through no fault of the home, creating a second opportunity to make it yours. Beautifully maintained one owner home with amazing mountain views. Features a new A/C for added comfort and peace of mind. The fully finished basement includes a mother in law apartment with potential rental income opportunities. The basement kitchen is pre wired for a full size 220/240 volt oven range, and the home is plumbed for a second water heater. Enjoy smart home features controlled through a programmable app, including permanent LED exterior lighting with customizable colors for holidays and special occasions. The backyard storage shed includes a loft for additional storage. Conveniently located near Spanish Fork's parks, trails, and recreational amenities. Seller is replacing the deck with a brand new composite deck.

Listed by Kaycee Leishman · Summit Sotheby's International Realty

Location

2984 E 1300 S, Spanish Fork, UT 84660

Proforma

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Cap Rate

3.52%

Cash-on-Cash

-3.08%

Cash Flow

-$553/mo

Purchase Price$575,000
Down Payment35% ($201,250)
Interest Rate6.00%
Monthly Rent$2,538/mo
Vacancy5%
Expense Ratio30% ($8,680)

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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 8/5/2026, 9:16:51 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.