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718 N BANNER DR, Saratoga Springs, UT — photo 11 / 32

$400,000

718 N BANNER DR, Saratoga Springs, UT 84045

Type

Townhouse

List Price

$400,000

Price/Sqft

$164

Est Gross Yield

6.0%

$23,964/yr est.

Property Details

Property typeTownhouse
Year built2024
Total units1
Living area2,436 sqft
Bedrooms3
Bathrooms3
Lot size0.03 acres
Parking4 spaces
Days on market1
Listed2026-10-24T00:00:00+00:00

Description

LOCATION, DESIGN & ROOM TO GROW! Built in 2024, this 3-bedroom, 2.5-bath townhome in Saratoga Springs' Highridge community offers 2,436 total sq. ft. and an attached 2-car garage. Ideally situated directly across from the neighborhood park, pickleball courts, and designated guest parking, with the community pool, clubhouse, and fitness center just a short walk away! Inside, the impressive two-story entry and great room create an open, inviting atmosphere. The main level features a kitchen with gas stove and pantry, dining area, half bath, and functional mudroom. Upstairs offers a primary suite with private bath and walk-in closet, two additional bedrooms, a full bathroom, and conveniently located laundry. Additional features include a tankless water heater and a 731 sq. ft. basement with a bathroom rough-in and potential for future finished living space. Enjoy multiple community parks, playgrounds, and walking and biking trails. SHORT SALE offered at $400,000. List price has NOT been approved by the lender. All offers, terms, and final sales price are subject to third-party lender approval. Buyer to verify all information.

Listed by Elda Palacios Baker · Utah's Wise Choice Real Estate

Location

718 N BANNER DR, Saratoga Springs, UT 84045

Proforma

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Cap Rate

3.98%

Cash-on-Cash

-1.85%

Cash Flow

-$231/mo

Purchase Price$400,000
Down Payment35% ($140,000)
Interest Rate6.00%
Monthly Rent$1,997/mo
Vacancy5%
Expense Ratio30% ($6,830)

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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 10/25/2026, 12:38:26 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.