$370,000
●
House -
Off Market
1116 Lyons Court
Banning, CA 92220
5 Beds
3 Baths
3,053 Ft²
$615,141
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
A beautiful, spacious, 5 bedroom, single level home in the foothill
community of Fair Oaks Ranch in Banning. This beauty features 2
Jack and Jill bedrooms with individual toilets and sinks but a
shared shower; a spacious master bath with large soaking tub; plus
2 additional, very big bedrooms. A prime culdesac location on an
over 20,000 sq ft lot, this home has stunning mountain views,
drought tolerant front landscape, and a large enclosed sun room
overlooking your very own, private orchard filled with several
mature fruit bearing trees (apples, peaches, plums, guavas,
oranges, lemons, pistachios, avocado, berries, grapes, and more)...
Never feel cramped in this spacious beauty, your family can relax
with each in their own private spaces, or gather in the large
family room/kitchen combo to enjoy quality time together. BE SURE
TO VIEW THE VIRTUAL TOUR AND "WALK THROUGH" your next home!!
Unit Size
3,053 Ft²
Days on Market
132 days
Land Size
0.47 acres
Price per sqft
$127
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005
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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: 4 months ago (CRMLS #EV17135327)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2017 | Sold | ||
| Sold | |||
| Jun 12, 2017 | Listed by TEAM Q REALTY | $387,000 | |
| Listed by TEAM Q REALTY | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
HOA + Taxes
About Banning
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Listed by: SHARMAYNE HUSBANDS, TEAM Q REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV17135327
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV17135327
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