Updated
For Sale
$585,000
60 S WHITESIDE St, Layton, UT 84041
Residential, Layton, UT
Property Size1,976 SF
Lot Size0.21 Acres
Price / SF$296.05
Days on Market109
Property Features for 60 S WHITESIDE St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Zoning description
R-2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 1
Parking
7
Interior features
Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In
Lot features
Curb & Gutter, Fenced: Part, Sidewalks, View: Mountain
Elementary school
Whitesides
Middle school
Central Davis
High school
Davis
Elementary school district
Davis
Middle school district
Davis
High school district
Davis
Subdivision
Kaysville; Fruit Heights; Layton
Standard status
Active
APN
11-062-0005
Size
1,976 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Annual Amount
2200
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Central, Natural Gas
Building Details
Year built
1951
Floors in Building
2
Number of units
2
Flooring type
Laminate
Building materials
Frame
Roof type
Asphalt
Architectural style
Other
Listing Agency:
KW Success Keller Williams Realty (Layton)
(801) 866-1934
Listed By:
Ana Sanchez
(385) 368-3290
Added: May 5
Changed: Aug 20
Last Checked: Aug 21 at 7:06PM
MLS# 2155697
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Investment Insights
Based on property information with market context.
This 1,976-square-foot duplex contains two residential units and was built in 1951 on a 0.21-acre lot. Both units have received recent improvements, including newer roofs, windows, electrical systems, plumbing, air conditioning, and water heaters. Updated kitchens and bathrooms add to the property’s current functionality, while each kitchen includes a freestanding range, built-in dishwasher, and disposal. Interior finishes include laminate flooring, and the building has frame construction, an asphalt roof, forced-air central natural gas heating, and public sewer service.
The property is located at 60 S Whiteside St in Layton, Utah, within walking distance of grocery stores, shopping, restaurants, and fitness centers. Both units are currently rented. Multi-Family zoning supports the property’s duplex configuration.
The property is located at 60 S Whiteside St in Layton, Utah, within walking distance of grocery stores, shopping, restaurants, and fitness centers. Both units are currently rented. Multi-Family zoning supports the property’s duplex configuration.
Key Highlights
- 1,976‑square‑foot duplex on a 0.21‑acre lot
- Both units currently rented
- Recent updates include roofs, windows, electrical, plumbing, A/C, and water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,260
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$485,200
$485.2K
Cap Rate 7%
$346,571
$346.6K
Cap Rate 9%
$269,556
$269.6K
Market Conditions
NOI Build-Up for 1,976 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$38.3K $19.38/SF
− Vacancy
−$3.6K −$1.84/SF
EGI
$34.7K $17.54/SF
− OpEx
−$10.4K −$5.26/SF
NOI
$24.3K $12.28/SF
Area
Davis County, UT
Vacancy
9.50%
Lease Rate
$19.38 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$485,200
Cap Rate 7%
$346,571
Cap Rate 9%
$269,556
Alternative Uses
Best Use
Multifamily LT 5
$346.6K
$303.3K – $404.3K
NOI $24,260 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$321.1K
$281.0K – $374.6K
NOI $22,477 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$456.4K
$399.3K – $532.4K
NOI $31,946 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Explore this area
Business Placement
Demographics for 84041, UT
55,289
Population
19,171
Households
2.9
Avg Household Size
30
Median Age
31%
College-Educated
95%
High-School Grad
14.9 sq mi
ZIP Area
3,711
Density / Sq Mi
$87,608
Median Household Income
$43,804
Median Earnings
$1,404
Median Rent
$395,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Multi-Family-zoned property with both units rented and appliance-equipped kitchens.
Where is this duplex located?
The property is located at 60 S WHITESIDE St Layton, UT.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 1,976‑square‑foot duplex on a 0.21‑acre lot; Both units currently rented; Recent updates include roofs, windows, electrical, plumbing, A/C, and water heaters
