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7707 N COBBLEROCK RD, Lake Point, UT 84074
$1,299,000
7707 N COBBLEROCK RD, Lake Point, UT 84074
Type
SFR
List Price
$1.30M
Price/Sqft
$316
Est Gross Yield
2.1%
$27,684/yr est.
Property Details
Description
Home with a view and will not disappoint! This stunning 7-bedroom, 4-bath rambler in Lake Point, Utah, has a perfect blend of rural tranquility and urban convenience. You will enjoy breathtaking sunsets, as the balcony faces West, over the lake from the expansive lot, which has ample paved parking for recreational vehicles and the potential to be developed for horses, other animals, a secondary home, or a pool. This home has a separate entrance to the basement apartment, and is ideal for multi-generational living or rental income. Located just 20 minutes from Salt Lake City Airport and 25 minutes from town, this property provides the best of both worlds-serene, star-filled nights and easy access to shopping, dining, and nightlife. Whether you are looking for a primary home, or an investor this home is priced for you advantage. This home provides a functioning business unit with 40% income over expenses at a 40%-50% utilization rate, what a deal !
Listed by Isiah Gray · Real Broker, LLC
Location
7707 N COBBLEROCK RD, Lake Point, UT 84074
Proforma
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Cap Rate
1.42%
Cash-on-Cash
-8.69%
Cash Flow
-$3,528/mo
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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 10/9/2026, 10:12:46 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.