$138,075
●
House -
Off Market
1091 W Williams Street
Banning, CA 92220
3 Beds
1 Bath
996 Ft²
$190,023
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
Great 3 bedroom 1 bathroom single story home located in Banning
contains 996 sf with a large 7841 sf lot size. Built in 1953, this
private home features a spacious master bedroom, ceiling fans in
all bedrooms, built in cabinetry throughout, an additional 1
bedroom/1 bathroom, and a wood burning stove found in the living
room. With lots of potential, this home has a huge covered concrete
patio in rear and a very large fenced backyard with a stone wall.
Conveniently located near major highways, dining, and
entertainment.
Unit Size
996 Ft²
Days on Market
28 days
Land Size
0.18 acres
Price per sqft
$125
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 #TR18280736)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2019 | Sold | ||
| Sold | |||
| Oct 5, 2019 | No longer available | - | |
| No longer available | |||
| Oct 3, 2019 | Listed by NATIONAL REALTY GROUP | $249,900 | |
| Listed by NATIONAL REALTY GROUP | |||
| | |||
|
***COMPLETELY REMODELED AND TURNKEY***NEW DESIGNER PAINT INSIDE & OUT***NEW A/C & HEATING PACKAGE UNIT***ALMOST ALL WINDOWS NEW***INSULATED, DRY-WALLED GARAGE WITH NEW ROLL UP GARAGE DOOR WITH AN OPENER***BRAND NEW DRIVEWAY***BLOCK RETAINING WALL ON 3 SIDES***NEW KITCHEN CABINETS WITH NEW QUARTZ COUNTERS***ALL NEW CLOSET DOORS***NEW LAMINATE FLOORING IN KITCHEN, LIVING ROOM, & HALLWAY***RE-GLAZED BATHTUB JUST LIKE NEW*** FRESHLY SODDED AND FULLY LANDSCAPED FRONT & BACK YARD BOTH WITH NEW SPRINKLER SYSTEMS ON A TIMER***NEW UPGRADED CARPET IN ALL BEDROOMS***NEW BATHROOM VANITY, MEDICINE CABINET, AND HIGH END VINYL PLANK FLOORING***BACKYARD HAS 2 PATIO SLABS***KITCHEN CABINETS HAVE NEW BLACK MATTE KNOBS/HANDLES***NEW KITCHEN SINK, FAUCET, & GARBAGE DISPOSAL***NEW GFCI'S AND DECOR OUTLETS/SWITCHES***NEW STAINLESS STEEL RANGE, DISHWASHER, & MICROWAVE***ALL NEW LED INTERIOR AND EXTERIOR LIGHT FIXTURES***UNFINISHED BASEMENT AREA UNDER GARAGE, NOT INCLUDE IN SQFT & SOLD AS-IS (ACCESS PROVIDED WHEN IN ESCROW)***LOTS OF NEW ELECTRICAL AND PLUMBING THROUGHOUT***WASHER/DRYER HOOKUPS IN GARAGE***SIDEWALK AND FRONT PORCH AREA FRESHLY PAINTED ***SECURITY DOORS FRESHLY PAINTED***VERY QUIET LOCATION CLOSE TO SCHOOLS, SHOPPING, & FREEWAY***BRAND NEW 5 INCH BASEBOARDS THROUGHOUT***VERY LARGE BACKYARD HAS MATURE FRUIT TREES AND PLENTY OF POTENTIAL***NEWER WATER HEATER & ROOF*** ***ALARM NOT INCLUDED IN SALE***
| |||
| Sep 14, 2019 | Price Decreased |
$249,900
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Sep 6, 2019 | Price Decreased |
$259,900
↓ $10K
(3.7%) | |
| Price Decreased | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Pass View
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Listed by: Chris Murray, RE/MAX Empire Properties
Last Updated: 5 months ago
Data Source: CRMLS, MLS# TR18280736
Last Updated: 5 months ago
Data Source: CRMLS, MLS# TR18280736
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