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960 N 100 W, Midway, UT 84049
$1,150,000
960 N 100 W, Midway, UT 84049
Type
SFR
List Price
$1.15M
Price/Sqft
$470
Est Gross Yield
5.5%
$62,700/yr est.
Property Details
Description
A Rare Find in Midway-Four Bedroom Home on a Fantastic Half Acre Lot With a Pond and No HOA! This unique Midway property is situated on a picturesque 1/2 acre lot in a quiet location just 1 mile to both Midway's Main Street and Wasatch Mountain State Park and is just 12 minutes to Deer Valley's East Village. This sublime location offers tranquility and convenience as it is close to everything but feels a world away from the hustle and bustle. The four-bedroom home has a main level primary bedroom with two secondary bedrooms and opens out to a large deck with hot tub and private, pastoral back yard with a pond, fire pit, and sports court. The lower level has another bedroom, bathroom, living room, and another room that could be used in many different ways. No HOA means improvements to the home and yard are limited only by your imagination. Midway has long been quietly known as the jewel of the Heber Valley, but that is not such a secret anymore. Midway's access to all manners of outdoor pursuits including it's five golf courses, blue ribbon fly fishing, recreating on the local reservoirs, nearby downhill ski resorts and Soldier Hollow, the 2002 and 2034 Olympic venue, as well as a plethora of trails for hiking, biking, horseback riding and 4X4ing has always been a draw for people who want to live surrounded by natural beauty and have access to outdoor recreation opportunities. To add to that mix, now Main Street is replete with great restaurants and trendy shopping that has made it a destination unto itself. Bordered by the undevelopable state park land and national forest with impressive preservation of open space and forward thinking leaders, Midway has positioned itself to maintain it's small town character and attractiveness that will continue to elevate its value in the years to come as 5 Diamond level resorts open their doors just minutes away. If you are looking into your crystal ball for where to buy a home that will give you years of enjoyment and appreciation, this could be the one....
Listed by Greg Harrigan · KW Park City Keller Williams Real Estate
Location
960 N 100 W, Midway, UT 84049
Proforma
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Cap Rate
3.63%
Cash-on-Cash
-2.80%
Cash Flow
-$1,007/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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