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1002 W 40 S, Spanish Fork, UT — photo 11 / 31
Single Family

$685,000

Reduced from $690,000 · today

1002 W 40 S, Spanish Fork, UT 84660

Type

SFR

List Price

$685,000

Price/Sqft

$181

Est Gross Yield

4.4%

$30,456/yr est.

Property Details

Property typeSingle Family
Year built2019
Total units1
Living area3,780 sqft
Bedrooms5
Bathrooms3
Lot size0.21 acres
Parking2 spaces
Days on market1
Listed2026-10-02T00:00:00+00:00

Description

This one is all about LOCATION! Looking for an established Spanish Fork neighborhood that's family friendly, next to recreation, schools, trails, and everyday conveniences near by... this is your home! Welcome to this spacious 5-bedroom, 3-bath, 3,700+ sq ft rambler in one of Spanish Fork's most desirable locations! From the moment you step through the oversized entry, you'll love the open, light-filled feel and inviting layout. The main level features a spacious primary suite with a walk-in closet and a beautiful primary bath complete with both a walk-in shower and soaking tub. With approximately 75% of the basement finished, there is plenty of room for bedrooms, recreation, guests, or additional living space. Outside, enjoy a fully fenced backyard and convenient RV parking. But the location is what truly sets this home apart! Nestled along the river bottoms and the Spanish Fork River Trail, you'll have incredible access to walking, biking, fishing, and frisbee golf right outside your door. The home is within walking distance of Spanish Fork High School and elementary school, and is just minutes from the Spanish Fork Sports Complex, the new Spanish Fork Recreation Center, and close freeway access.! A fantastic combination of space, convenience, and an unbeatable location!

Listed by Marcie Stevens · Berkshire Hathaway HomeServices Elite Real Estate (South County)

Location

1002 W 40 S, Spanish Fork, UT 84660

Proforma

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Cap Rate

2.96%

Cash-on-Cash

-4.59%

Cash Flow

-$982/mo

Purchase Price$685,000
Down Payment35% ($239,750)
Interest Rate6.00%
Monthly Rent$2,538/mo
Vacancy5%
Expense Ratio30% ($8,680)

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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 10/3/2026, 8:37:56 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.