Top-Floor Residential Income
For Sale
$298,000
949 W BIG BEN LN Unit 302, Saratoga Springs, UT 84045
Three-bedroom condominium with vaulted ceilings, mountain views, a covered deck, and access to extensive community amenities.
Property Size1,232 SF
Price / SF$241.88
Days on Market50
Property Features for 949 W BIG BEN LN Unit 302
General Information
Standard status
Active
Size
1,232 SF
Property subtype
Recreational
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Amenities
swimming pool
clubhouse
pickleball courts
playgrounds
community lake
dog parks
gazebos
walking and biking trails
open green space
private covered deck
Building Details
Building Size
1,232 SF
Year Built
2022
Listing Agency:
Lift Realty
Listed By:
Spencer Clawson · License #6608967-PB00
(801) 636-8426
Source:
Liftrealty
Added: Sep 7
Changed: Oct 25
Last Checked: Oct 24 at 6:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lift Realty
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Investment Insights
Based on property information with market context.
This 2022-built, top-level condominium in the Wildflower community provides 1,232 square feet with three bedrooms and two bathrooms. The interior includes vaulted ceilings and an open kitchen, dining, and living arrangement. The primary bedroom has a walk-in closet and private bathroom, while a covered deck faces the mountain. A garage provides dedicated parking and storage.
Community features include a swimming pool, clubhouse, pickleball courts, playgrounds, a lake, dog parks, gazebos, and walking and biking trails. The property is located at 949 W Big Ben Ln Unit 302 in Saratoga Springs, Utah, near Wildflower Lake Park.
Community features include a swimming pool, clubhouse, pickleball courts, playgrounds, a lake, dog parks, gazebos, and walking and biking trails. The property is located at 949 W Big Ben Ln Unit 302 in Saratoga Springs, Utah, near Wildflower Lake Park.
Key Highlights
- 1,232‑square‑foot condominium with 3 bedrooms and 2 bathrooms
- Built in 2022; top‑floor location with no residence above
- Covered deck with mountain views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,450
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,000
$209.0K
Cap Rate 7%
$149,286
$149.3K
Cap Rate 9%
$116,111
$116.1K
Market Conditions
NOI Build-Up for 1,232 SF
Gross rent
$20.0K $16.20/SF
− Vacancy
−$958 −$0.78/SF
EGI
$19.0K $15.42/SF
− OpEx
−$8.6K −$6.94/SF
NOI
$10.5K $8.48/SF
Area
Utah County, UT
Vacancy
4.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,000
Cap Rate 7%
$149,286
Cap Rate 9%
$116,111
Alternative Uses
Best Use
Apartment 5plus
$149.3K
$130.6K – $174.2K
NOI $10,450 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.6K
$297.2K – $396.2K
NOI $23,773 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
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Business Placement
Demographics for 84045, UT
36,898
Population
11,273
Households
3.3
Avg Household Size
24
Median Age
52%
College-Educated
99%
High-School Grad
51.9 sq mi
ZIP Area
711
Density / Sq Mi
$123,870
Median Household Income
$48,493
Median Earnings
$2,201
Median Rent
$566,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom condominium with vaulted ceilings, mountain views, a covered deck, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 949 W BIG BEN LN Unit 302 Saratoga Springs, UT.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: 1,232‑square‑foot condominium with 3 bedrooms and 2 bathrooms; Built in 2022; top‑floor location with no residence above; Covered deck with mountain views
