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556 N NEW STAR W DR, Salt Lake City, UT 84116
$499,800
556 N NEW STAR W DR, Salt Lake City, UT 84116
Type
SFR
List Price
$499,800
Price/Sqft
$236
Est Gross Yield
5.5%
$27,576/yr est.
Property Details
Description
$5,000 SELLER PAID CLOSING COSTS & HOME WARRANTY INCLUDED! Come see this dreamy home minutes from downtown & enjoy quick access to TRAX, the airport, University of Utah, shopping, and top restaurants within the $3.5 Billion Power District. Inside, you'll find 6 bedrooms and 3 full bathrooms, including a true primary suite. The 6th bedroom offers flexibility for an office or bonus space (no closet). Updates include kitchen, newer windows, newer AC, and full sprinkler system. The walkout basement offers excellent potential for a full or partial apartment, ideal for house hacking or short, mid, or long term rental income. Move in ready with all appliances included, featuring two refrigerators plus washer and dryer. Outside features RV or toy parking, a large shed, and a spacious garage with workspace. Just minutes away, the Power District is bringing a revitalized Jordan River corridor and riverwalk, along with a walkable mix of housing, retail, and entertainment. Future plans include the USA Climbing National Training Center and a proposed MLB stadium, making this area one of the city's fastest growing destinations and the next Sugar House of SLC. Solar system in place to help offset utility costs. Contact agent for solar information. Come see this adorable home today! #investor #househack #biggerpockets #motherinlaw #basementapartment
Listed by Danielle H Lonardo · KW Utah Realtors Keller Williams
Location
556 N NEW STAR W DR, Salt Lake City, UT 84116
Proforma
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Cap Rate
3.67%
Cash-on-Cash
-2.69%
Cash Flow
-$420/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 6/21/2026, 1:44:27 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.