$280,000
●
House -
Off Market
1070 Riviera Avenue
Banning, CA 92220
3 Beds
2 Baths
1,505 Ft²
$418,091
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Beautiful 3 Bed 2 Bath home completely remodeled updated and
upgraded with All new kitchen and bath cabinets with quartz counter
tops!!! New wood laminate floors with tall baseboards throughout!!!
All New plumbing fixtures!!! All New electrical fixtures, recessed
lighting in kitchen, ceiling fans, decora outlets & switches!!! New
stainless steel appliances!!! New brushed nickel hardware &
mirrored closet doors!!! New two tone interior & exterior paint!!!
Outdated popcorn ceilings & pony wall have been removed for an
updated look with an open concept!!! Large 2 car garage with pull
down ladder for attic access that has plenty of shelves and
storage!!! Nice sized rear yard!!!
SUN LAKES COUNTRY CLUB, A Private Golf Community with NO MELLO ROOS, featuring: TWO 18-HOLE GOLF COURSES with Pro Shops, THREE Clubhouses, TWO Restaurants, Bar & Lounge, Tennis, Salt Water Swimming Pools (including indoor), Jacuzzi, THREE Gymnasiums - There are 80+ Social Clubs - RV, Yoga, Dancing, Cards, Boccie Ball, Bowling, Car Club, Drama, Sewing, Tennis, Bingo, Travel, Quilters, Art, Sewing, International Culture, Genealogical Society, Garden, Photography, Travel, and a lot MORE .... AND Excursions scheduled all year long!!!
SUN LAKES COUNTRY CLUB, A Private Golf Community with NO MELLO ROOS, featuring: TWO 18-HOLE GOLF COURSES with Pro Shops, THREE Clubhouses, TWO Restaurants, Bar & Lounge, Tennis, Salt Water Swimming Pools (including indoor), Jacuzzi, THREE Gymnasiums - There are 80+ Social Clubs - RV, Yoga, Dancing, Cards, Boccie Ball, Bowling, Car Club, Drama, Sewing, Tennis, Bingo, Travel, Quilters, Art, Sewing, International Culture, Genealogical Society, Garden, Photography, Travel, and a lot MORE .... AND Excursions scheduled all year long!!!
Unit Size
1,505 Ft²
Days on Market
56 days
Land Size
0.12 acres
Price per sqft
$189
Property Type
House
Property Taxes
-
HOA Dues
$262
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #SW19119392)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2019 | Sold | ||
| Sold | |||
| May 22, 2019 | Listed by Harcourts Elite | $284,900 | |
| Listed by Harcourts Elite | |||
| Mar 29, 2019 | Sold | ||
| Sold | |||
| Dec 4, 2018 | Listed by KELLER WILLIAMS REALTY | $205,344 | |
| Listed by KELLER WILLIAMS REALTY | |||
 | |||
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**HUD HOME** Charming single story with well designed floorplan with vaulted ceilings. Entry opens into the Formal Living and Dining Rooms, the windows provide an open feeling. Walk into the great room which has a nice layout, kitchen to the right, a nook to the left and the family room with fireplace and sliding glass door looking out to the rear yard. Down the hallway is a nice set of linen cabinets, the main bath and two bedrooms. At the end of the hall with a sliding door to the rear yard is the Master Bedroom with walk in closet, vanity area and full size shower. The rear yard has a patio and large grass area, look out over the neighboring homes and you have a view of the mountain. Laundry area is in garage and there is a pull-down ladder to access the attic area.
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Property Highlights
Garage
Air Conditioning
Fireplace
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About Banning
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Listed by: John Callahan, Harcourts Elite
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19119392
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19119392
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