Back to listings
983 W 1055 N, Orem, UT — photo 11 / 42

$287,000

983 W 1055 N, Orem, UT 84057

Type

Condo

List Price

$287,000

Price/Sqft

$300

Est Gross Yield

5.6%

$16,140/yr est.

Property Details

Property typeCondo
Year built2008
Total units1
Living area958 sqft
Bedrooms2
Bathrooms1
Lot size0.02 acres
Parking2 spaces
Days on market158
Listed2026-04-24T00:00:00+00:00

Description

A private retreat with resort-style amenities, mountain views, and a location that makes everyday life easy. If low-maintenance living sounds good but you don't want your home to feel like just another apartment this 2-bedroom, 1-bath condo offers something a little different. Enjoy your own comfortable space, private balcony, and beautiful views, while the community takes care of the maintenance and gives you access to amenities you'd never have in a typical home at this price point. Inside, the oversized kitchen provides plenty of room to cook, gather, and entertain, opening directly to the living area for an easy, comfortable layout. Two bedrooms give you flexibility for a guest room, office, roommates, or whatever fits your life. Then there's the part that makes this community stand out: a pool, spa, clubhouse, fitness center, and theater room are all right outside your door. Your HOA also includes water, trash, insurance, maintenance, and snow removal, making it easy to enjoy homeownership without taking on all the work that comes with a traditional house. The location puts you close to I-15, shopping, dining, and UVU or BYU, giving you an easy home base for school, work, and everything Utah County has to offer.

Listed by Becca Summers · KW Westfield (Excellence)

Location

983 W 1055 N, Orem, UT 84057

Proforma

Drag sliders to explore the deal

Cap Rate

3.74%

Cash-on-Cash

-2.50%

Cash Flow

-$224/mo

Purchase Price$287,000
Down Payment35% ($100,450)
Interest Rate6.00%
Monthly Rent$1,345/mo
Vacancy5%
Expense Ratio30% ($4,600)

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 9/29/2026, 2:59:26 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.