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988 W 500 S photo 11 / 30

$469,000

988 W 500 S, American Fork, UT 84003

Type

Townhouse

List Price

$469,000

Price/Sqft

$229

Est Gross Yield

6.3%

$29,676/yr est.

Property Details

Property typeTownhouse
Year built2023
Total units1
Living area2,050 sqft
Bedrooms4
Bathrooms4
Lot size0.02 acres
Parking2 spaces
Days on market9
Listed2026-06-10T00:00:00+00:00

Description

This immaculate four-bedroom townhouse boasts an array of impressive upgrades and premium finishes throughout. Enjoy easy access to major freeways and the Frontrunner station. The main level has an open bright feel highlighted by abundant natural light, an oversized kitchen island, upgraded luxury vinyl plank flooring, and a convenient half bath. Ideally located just steps from the clubhouse, pool, and exceptional community amenities. Enjoy gorgeous views from your deck. The grand primary suite features a luxurious bathroom with a Euro glass shower, dual sinks, designer lighting, and ceiling fans. The attached two-car garage, with great lighting. The soundproof walls throughout the entire home offers peace and tranquility.. The downstairs area has previously been rented for $800 per month, with two upstairs bedrooms renting at $600 each.

Listed by Darin Kidd · EXP Realty, LLC

Location

988 W 500 S, American Fork, UT 84003

Proforma

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Cap Rate

4.21%

Cash-on-Cash

-1.25%

Cash Flow

-$183/mo

Purchase Price$469,000
Down Payment35% ($164,150)
Interest Rate6.00%
Monthly Rent$2,473/mo
Vacancy5%
Expense Ratio30% ($8,458)

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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 6/19/2026, 4:29:12 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.