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907 E 1520 S, Salem, UT — photo 11 / 44
Single FamilyADU Potential2nd Kitchen

$990,000

907 E 1520 S, Salem, UT 84653

Type

SFR

List Price

$990,000

Price/Sqft

$201

Est Gross Yield

3.0%

$30,000/yr est.

Property Details

Property typeSingle Family
Year built2022
Total units1
Living area4,918 sqft
Bedrooms5
Bathrooms3
Lot size0.41 acres
Parking9 spaces
Days on market57
Listed2026-08-12T00:00:00+00:00

Description

Enjoy the valley views from the balcony or the mountain views from the porch and become neighbors with multiple Parade of Homes. This home is part of the 3rd phase of the 6 phase development and boasts large living areas for entertaining with 2 islands in the kitchen, 2 dishwashers, 2 kitchen sinks, large pantry with water hookups for additional fridge and a massive back deck to enjoy the clean mountain air. The master bedroom features soaring ceilings, abundant natural light, and plenty of space. Step into the spa-inspired ensuite bath, complete with dual vanities, a deep soaking tub, and a spacious walk-in tile shower. Rounding out the master is a custom walk-in closet with tailored built-ins. The garage was built to store plenty of tools and serve as a dual purpose workshop with water hookups and epoxy flooring. The garage also has an entrance to the basement for anyone wanting to build out an ADU. If the garage entrance doesn't suffice, it also has a basement walkout. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Listed by Jake Peterson · R and R Realty LLC

Location

907 E 1520 S, Salem, UT 84653

Proforma

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Cap Rate

2.02%

Cash-on-Cash

-7.10%

Cash Flow

-$2,196/mo

Purchase Price$990,000
Down Payment35% ($346,500)
Interest Rate6.00%
Monthly Rent$2,500/mo
Vacancy5%
Expense Ratio30% ($8,550)

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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 10/8/2026, 8:04:29 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.