Back to listings
532 E 500 N, American Fork, UT — photo 11 / 30
Single Family

$499,900

Reduced from $514,900 · today

532 E 500 N, American Fork, UT 84003

Type

SFR

List Price

$499,900

Price/Sqft

$256

Est Gross Yield

5.9%

$29,676/yr est.

Property Details

Property typeSingle Family
Year built1979
Total units1
Living area1,950 sqft
Bedrooms4
Bathrooms2
Lot size0.18 acres
Parking2 spaces
Days on market224
Listed2026-03-18T00:00:00+00:00

Description

New Price! Move-in ready with fresh paint and new flooring, this 4-bed, 2-bath home is perfectly tucked on a quiet dead-end street in a highly sought-after area of American Fork. Enjoy a peaceful, low-traffic setting while being just minutes from top schools, shopping, dining, and world-class recreation in American Fork Canyon. The versatile layout features a massive basement flex room, currently utilized as a sprawling primary suite-perfect for a huge bedroom, home theater, or game room! The spacious kitchen flows seamlessly onto the back deck, ideal for summer BBQs and indoor-outdoor living. Outside, you'll find a fantastic, fully fenced backyard complete with an automated sprinkler system for easy maintenance. Finished with an oversized 2-car garage providing ample storage, this turn-key property checks every box and is an incredible find under $550K! Lender-paid 1-0 buydown available with the preferred lender: lower principal-and-interest payments for 12 months, then the full note-rate payment. Buyer qualification and terms apply.

Listed by Spencer Wilson · Equity Summit Group PC

Location

532 E 500 N, American Fork, UT 84003

Proforma

Drag sliders to explore the deal

Cap Rate

3.95%

Cash-on-Cash

-1.94%

Cash Flow

-$304/mo

Purchase Price$499,900
Down Payment35% ($174,965)
Interest Rate6.00%
Monthly Rent$2,473/mo
Vacancy5%
Expense Ratio30% ($8,458)

Quick estimates only. Switch to Detailed for full line-item control.

Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/28/2026, 8:26:10 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.