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985 N 520 E photo 11 / 68
Single Family

$550,000

Reduced from $565,000 · today

985 N 520 E, Orem, UT 84097

Type

SFR

List Price

$550,000

Price/Sqft

$302

Est Gross Yield

5.1%

$27,828/yr est.

Property Details

Property typeSingle Family
Year built1976
Total units1
Living area1,822 sqft
Bedrooms4
Bathrooms3
Lot size0.3 acres
Parking2 spaces
Days on market18
Listed2026-06-04T00:00:00+00:00

Description

Nestled in a quiet cul-de-sac and within walking distance of Orchard Elementary and Canyon Middle School, this beautifully remodeled home is now available. Ideally located just minutes from BYU and Sundance Mountain Resort, it offers the perfect blend of convenience and scenic living. Inside, you'll find new flooring and fresh paint throughout. The gourmet kitchen features custom white cabinetry, quartz countertops, and opens to a new 1-year-old Trex deck where you can enjoy stunning views of Mt. Timpanogos. The main level includes a spacious primary suite with a newly updated vanity and quartz countertops, as well as two additional bedrooms. Downstairs, the inviting family room with a charming fireplace provides an ideal space for entertaining. The basement also offers an additional bedroom and bathroom, a large storage room with built-in shelving, and a custom mudroom with organized storage. Situated on a flat, fully fenced 0.3-acre lot, the private backyard offers ample space for sports, gardening, and outdoor gatherings.

Listed by Ashley Jensen · Lotus Real Estate

Location

985 N 520 E, Orem, UT 84097

Proforma

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Cap Rate

3.36%

Cash-on-Cash

-3.50%

Cash Flow

-$601/mo

Purchase Price$550,000
Down Payment35% ($192,500)
Interest Rate6.00%
Monthly Rent$2,319/mo
Vacancy5%
Expense Ratio30% ($7,931)

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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 6/22/2026, 4:29:21 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.