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62 S CLARK LN, Elk Ridge, UT — photo 11 / 30
Single Family

$550,000

62 S CLARK LN, Elk Ridge, UT 84651

Type

SFR

List Price

$550,000

Price/Sqft

$230

Est Gross Yield

5.0%

$27,660/yr est.

Property Details

Property typeSingle Family
Year built1973
Total units1
Living area2,388 sqft
Bedrooms4
Bathrooms2
Lot size0.32 acres
Parking6 spaces
Days on market91
Listed2026-06-25T00:00:00+00:00

Description

Big Price Drop! Fully renovated Elk Ridge home with new HVAC, water heater, roof, windows, updated kitchen and bathrooms, and completed pre-inspection. Move-in ready with peace of mind! Welcome to Utah County's hidden, affordable, ridge-top gem with views and upside you don't want to miss. Easy proximity to Payson, Salem, and Woodland Hills. Enjoy quiet cul-de-sac life on 1/3 acre! Multiple fun spaces round this one off. Turn one flex room into a theater room, game room, speakeasy, or library already complete with a dry bar and still have three more family/flex rooms that could be purposed for living spaces and/or spaces for guests or family to sleep. New grass planted.

Listed by Russ Robinson · KW WESTFIELD

Location

62 S CLARK LN, Elk Ridge, UT 84651

Proforma

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Cap Rate

3.34%

Cash-on-Cash

-3.55%

Cash Flow

-$611/mo

Purchase Price$550,000
Down Payment35% ($192,500)
Interest Rate6.00%
Monthly Rent$2,305/mo
Vacancy5%
Expense Ratio30% ($7,883)

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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 9/24/2026, 3:12:53 PM. 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.