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561 E 500 N photo 11 / 49
Single Family

$719,500

561 E 500 N, Nephi, UT 84648

Type

SFR

List Price

$719,500

Price/Sqft

$199

Est Gross Yield

3.2%

$23,040/yr est.

Property Details

Property typeSingle Family
Year built2017
Total units1
Living area3,612 sqft
Bedrooms4
Bathrooms4
Lot size0.28 acres
Parking9 spaces
Days on market1
Listed2026-06-11T00:00:00+00:00

Description

Beautifully designed rambler with a fully finished basement, 3 car garage, RV parking, and the kind of layout that gives you flexibility, function, and space to spread out. From the moment you arrive, the custom front door, welcoming front porch, and impressive entry foyer set the tone for this well cared for home. Inside, you will love the open concept kitchen and living space featuring white cabinetry, black granite countertops, soft close cabinets, under cabinet lighting, double ovens, built in microwave, and a 36" cooktop with gas hookup option and 5 burner setup. The spacious living room includes custom built ins surrounding the gas fireplace and tile flooring that gives the warm look of hardwood with easy maintenance. The primary suite offers a relaxing retreat with a soaking tub, separate shower, and walk in closet. Main floor also includes a half bath and oversized laundry room with built ins for additional storage and organization. The 3 car garage includes both hot and cold water hookups and extra room for projects, storage, or toys. Downstairs features a large family room, office/flex room, kitchenette with fridge and microwave, and multiple bedroom setups including a Jack and Jill layout with separate vanities, shared tub/toilet area, and walk in closets. Another bedroom setup offers private bath access with large closet space, making the basement ideal for guests, multi generational living, or additional living flexibility. Tons of storage throughout the home, including under patio storage and internet access in the storage room. Outside, enjoy the fully fenced yard, covered patio, sprinkler system in both front and back, oversized concrete parking area, and dedicated RV parking. This home combines comfort, thoughtful upgrades, and everyday practicality all in one beautiful property.

Listed by Meadow Perides · The Agency Salt Lake City (Nephi)

Location

561 E 500 N, Nephi, UT 84648

Proforma

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Cap Rate

2.13%

Cash-on-Cash

-6.79%

Cash Flow

-$1,527/mo

Purchase Price$719,500
Down Payment35% ($251,825)
Interest Rate6.00%
Monthly Rent$1,920/mo
Vacancy5%
Expense Ratio30% ($6,566)

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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, 4:29:10 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.