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406 E 500 N, Nephi, UT 84648
$465,000
406 E 500 N, Nephi, UT 84648
Type
SFR
List Price
$465,000
Price/Sqft
$190
Est Gross Yield
5.0%
$23,040/yr est.
Property Details
Description
This is one of those homes that just feels good the second you walk in. The home has been incredibly well cared for, and you can tell it has been loved over the years. It offers 4 bedrooms total, with 3 bedrooms and 2 bathrooms conveniently located on the main level. The front living area is bright and welcoming, with huge windows that bring in tons of natural light and a cozy wood burning stove. The dining area also has oversized windows, making the whole main level feel open, cheerful, and comfortable. A split-level portion of the home gives you even more space, with one side leading down to a massive great room with a wood burning fireplace, and the other leading up to a large 4th bedroom. Storage is definitely not a problem here. This home has an unbelievable amount of closets, storage rooms, yard storage under the carport, and plenty of room to keep life organized. Outside, you'll love the fenced backyard, brick patio, fruit trees, carport, and corner lot setting. And here's the best part, this home is listed below a recent appraised value. A solid, spacious, well-kept home with great natural light, tons of storage, and room to make it your own.
Listed by Michael Kay · CopperStone Real Estate
Location
406 E 500 N, Nephi, UT 84648
Proforma
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Cap Rate
3.29%
Cash-on-Cash
-3.68%
Cash Flow
-$535/mo
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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 7/2/2026, 12:13:31 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.