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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 market48
Listed2026-06-11T00:00:00+00:00

Description

Beautifully designed rambler with a fully finished basement, 3-car garage, RV parking, and a floor plan that offers the perfect blend of comfort, flexibility, and functionality. From the moment you arrive, the custom front door, inviting front porch, and impressive entry foyer create a warm welcome and set the stage for the quality found throughout the home. The open-concept main living area is designed for both everyday living and entertaining. The kitchen features white soft-close cabinetry, striking black granite countertops, under-cabinet lighting, double ovens, a built-in microwave, and a 36-inch cooktop with a 5-burner setup and gas hookup option. The spacious living room is highlighted by custom built-ins surrounding a cozy gas fireplace, while durable tile flooring provides the timeless look of hardwood with easy maintenance. The primary suite offers a private retreat with a soaking tub, separate shower, and walk-in closet. The main level also includes a convenient half bath and an oversized laundry room complete with built-in cabinetry for added organization and storage. The fully finished basement expands your living space with a large family room, office or flex room, kitchenette with refrigerator and microwave, and multiple bedroom configurations designed for versatility. A Jack-and-Jill bedroom layout features separate vanities, a shared tub and toilet area, and walk-in closets, while another bedroom enjoys private access to a bathroom and generous closet space. Whether you're accommodating guests, creating space for multi-generational living, or simply wanting room to spread out, the basement offers endless possibilities. Storage is abundant throughout the home, including under-patio storage and internet access in the storage room. The oversized 3-car garage includes both hot and cold water hookups, providing an ideal space for projects, hobbies, or additional storage. Outside, you'll enjoy a fully fenced backyard, covered patio, automatic sprinklers in both the front and back yards, an oversized concrete parking area, and dedicated RV parking. Thoughtfully designed with quality finishes, generous living spaces, and practical upgrades throughout, this home offers everything you've been looking for in a location you'll love.

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 7/29/2026, 8:12:04 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.