$260,000
●
House -
Off Market
1151 ASPEN Lane
Banning, CA 92220
3 Beds
2 Baths
1,538 Ft²
$402,623
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
This home is overflowing with potential! 3 bedrooms and 2
bathrooms, with an open floor plan even the pickiest buyers will
fall in love. The living room has a brick fireplace for the colder
nights. The master bedroom has a slider that leads out to the
backyard and the en suite bathroom is equipped with a stand up
shower and tub to relax in.
Unit Size
1,538 Ft²
Days on Market
72 days
Land Size
0.16 acres
Price per sqft
$169
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989
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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 (CLAW #18303728)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Sep 1, 2025 | Listed by PROFESSIONAL REALTY SVC. INT'L | $475,000 | |
| Listed by PROFESSIONAL REALTY SVC. INT'L | |||
| | |||
|
Welcome to this stunning 3-bedroom, 2-bathroom home offering 1,538 sq. ft. of stylish comfort and modern upgrades. Nestled in a quiet, family-friendly neighborhood, this property combines charm, functionality, and space — perfect for creating lasting memories.
Step inside to an inviting open floor plan filled with natural light and thoughtfully designed finishes. The gourmet kitchen is the heart of the home, featuring an impressive 8-foot island with a farmhouse sink, sleek countertops, and stainless-steel appliances (included!).
The spacious master suite offers direct access to the backyard — a private retreat to unwind and relax. Designer lighting throughout enhances the home’s cozy, welcoming feel. Enjoy the expansive front yard, perfect for kids or outdoor gatherings, plus a 2-car garage for convenience and storage. This home truly has it all — comfort, style, and location. Don’t miss your chance to own this move-in-ready gem. Contact your Favorite Realtor to schedule an appt today!
| |||
| Mar 29, 2018 | Sold | ||
| Sold | |||
| Jan 16, 2018 | Listed by Modern Real Estate Shop | $260,000 | |
| Listed by Modern Real Estate Shop | |||
Property Highlights
Garage
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
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Banning
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Listed by: Damien Melle, Modern Real Estate Shop
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18303728
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18303728
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