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247 W 350 S UNIT 9B
Score
0
American Fork, UT

247 W 350 S UNIT 9B

545K
3 bd • 3 ba • 1,550 sf

This analysis was generated on 3/10/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$545,300

Price/Sq.Ft

$352

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Price Position: At $351.81/sqft, a comparison to similar properties in American Fork is needed to determine if the price is competitive. This requires additional market data. • Appreciation Trend: Historical appreciation rates are unavailable, preventing an assessment of the property's past performance and future growth potential. • Potential Equity: Property could be worth up to $19,700 more than the asking price • Rental Income: $1,880/month with 90% occupancy (0.0% cap rate) • Schools: Unable to assess value impact due to lack of market data. • Future Development: Unable to assess planned changes due to lack of market data. • The houses seem to have good natural light exposure, given the large windows visible from the street.

The Bad

• Lack of specific market data (appreciation rates, inventory levels, sales trends) makes it difficult to assess potential risks. • Absence of crime statistics introduces uncertainty regarding neighborhood safety and its impact on property values. • Unknown year built and lack of property features limit the ability to accurately assess the property's condition and potential maintenance costs. • Climate Risk: Unable to assess insurance implications related to climate risks due to lack of specific climate data for this location.

The Ugly

No critical issues identified

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $22,560 with 90% occupancy rate Value Investors: Projected 14.6% appreciation potential in moderate scenario

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$101,928

Property History

Price History
Ownership Timeline
$0Financed
Mar 11, 2020
Arive Homes LlcWilliam Joseph Hahaj
Warranty Deed
New Construction Residential Transactions
$0Financed
Jan 15, 2019
Clyde Properties LlcArive Homes Llc
Warranty Deed
Non-Residential Arm's Length Transactions

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

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Financials

Monthly Costs
Market Rent (3 bed)

$1,140

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Location & Comparables

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Comparable Sales
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