ActiveResidential · sale

3318 S FORGET ME NOT LN #43

Heber City, UT 84032

$535,000

  • 2 beds
  • 1 baths
  • 1,088 sq ft
  • 1.01 acres
  • Built 1988

Listed by Homeworks Property Lab, LLC · MLS #2177122

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1988.

Property size

1.01 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

The word Aloha translates to hello, goodbye, and love. But it also represents a deep way of living with kindness, peace, and respect...and that embodies what this sweet little cabin feels like from the moment you enter; a gentle respite from the outside world, peaceful feelings sipping tea among the aspens, and a sense of respect for this incredible forest. With year-round access and three decks from which to take in the stunning views and wildlife, there is always an ideal spot to relax nearby, no matter the time of day or season. Beautifully updated and quietly positioned on Forget Me Not Lane in upper Timber Lakes on over an acre of forested land, both open space and privacy can be found in spades here, and a seasonal stream shows up following more productive snow years. Two comfortable bedrooms and warm pine vaulted ceilings invoke a feeling of hygge, and this is just the spot for your favorite throw and a good book. Anchored by a substantial woodstove and open flow, friends and family will love getting cozy on snowy winter nights or crisp fall mornings (golden quakies hold unparalleled status, we think). A brand new (and pretty large) storage shed provides a place for the fun stuff (ATV and snowmobile trails abound here, along with trails, community play areas, and of course, the lakes). There's ample parking, not only in the substantial driveway, but also some extra flat parking above, so visitors will have a spot too (trust us...they'll come). When you feel like the comforts of a neighboring town, pop over to Heber or Park City for endless restaurant options, great shopping, and year-round activities. This one is effortlessly stylish, and many of the beautiful mountain-modern furnishings will stay (inquire for more details). All you need to do is pack your flannels and boardgames. (Additional owner nature photos: https://photos.app.goo.gl/YeBnRdCQckJCJ7Ww9). Information deemed reliable but not guaranteed. Buyer to verify all.

THE NEIGHBORHOOD

Explore the location.

3318 S FORGET ME NOT LN #43, Heber City, UT 84032

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1988
Full baths
1
Cooling
Natural Ventilation
Heating
Electric,Gas: Central,Wood
Appliances
Microwave,Refrigerator,Satellite Dish
Flooring
Carpet,Tile
Utilities
Natural Gas Connected,Electricity Connected,Sewer: Septic Tank,Water Connected
Pool
No
Spa
No
Subdivision
TIMBER LAKES
Zoning
Single-Family
Parcel
00-0002-4914
HOA amenities
Biking Trails,Controlled Access,Gated,Hiking Trails,Horse Trails,On Site Security,Security,Snow Removal,Trash
HOA fee frequency
Annually
Elementary school
J R Smith
Middle school
Timpanogos Middle
High school
Wasatch
Annual property tax
$2,037.00
HOA fee
$1,775.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$1,303.54
Estimated monthly rent$2,229.17
Cap rate3.17%

Annual operating income: $16,979.99

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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3318 S FORGET ME NOT LN #43, Heber City, UT 84032 · MLS #2177122

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Listing information

MLS #2177122 · Utah Real Estate MLS

Listing brokerage: Homeworks Property Lab, LLC
Listing agent: Melissa Lipani

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. 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.