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516 S 1040 W photo 11 / 48

$459,900

516 S 1040 W, American Fork, UT 84003

Type

Townhouse

List Price

$459,900

Price/Sqft

$231

Est Gross Yield

6.5%

$29,676/yr est.

Property Details

Property typeTownhouse
Year built2021
Total units1
Living area1,994 sqft
Bedrooms4
Bathrooms3
Lot size0.02 acres
Parking4 spaces
Days on market6
Listed2026-07-23T00:00:00+00:00

Description

Move-in ready and in excellent condition, this beautiful 4 bedroom 3 bathroom townhome is priced to sell! Step inside to a bright, open-concept main level featuring 9' ceilings, a stylish kitchen with upgraded cabinetry, quartz countertops, stainless steel appliances, and a large center island perfect for gathering. The living and dining areas flow seamlessly together, with big windows that fill the space with natural light all day long. Upstairs you'll find 3 bedrooms, including a private primary suite with its own ensuite bath and walk-in closet, plus convenient upper-level laundry. A private bedroom and bathroom on the first floor is a great place to work or unwind. This home is truly move-in ready with nothing to do but unpack. Outside, enjoy stunning mountain views, low-maintenance living, and an attached garage that is finished with an epoxy floor & EV plug along with additional driveway parking. All of this just minutes from I-15, Silicon Slopes employers, shopping, restaurants, schools, and endless recreation opportunities. Agent related to owner. Buyer/Buyer's Agent advised to obtain independent measurement & verify all information.

Listed by Brock Neilson · Presidio Real Estate

Location

516 S 1040 W, American Fork, UT 84003

Proforma

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Cap Rate

4.29%

Cash-on-Cash

-1.03%

Cash Flow

-$148/mo

Purchase Price$459,900
Down Payment35% ($160,965)
Interest Rate6.00%
Monthly Rent$2,473/mo
Vacancy5%
Expense Ratio30% ($8,458)

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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, 9:11:47 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.