$369,000
●
House -
Off Market
1282 N Phillips
Banning, CA 92220
3 Beds
1 Bath
924 Ft²
$1,812
Est. Monthly
About This Property
Fantastic Banning Home. Conveniently located in a nice residential
neighborhood, near the mountains with panoramic winter-snow views,
really close to schools, parks and with quick access to the
freeway. It features upgraded kitchen with granite countertops,
newer tile flooring; living room with ceiling fan and dual pane
windows; remodeled bathroom with ceramic tile and newer vanity and
light fixtures; each bedroom with ceiling fan; energy efficient
dual pane windows, central air/heat; tile flooring throughout;
enclosed back yard with several fruit trees; oversized two car
garage; two covered patios. You are going to love this place! Be
the proud owner of this fantastic home, inquire today!
Unit Size
924 Ft²
Days on Market
48 days
Land Size
0.15 acres
Price per sqft
$399
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981
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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: 10 months ago (CRMLS #PW25264717)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 20, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Listed by Sharpstone Realty | $369,000 | |
| Listed by Sharpstone Realty | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Jan 3, 2020 | Listed | $228,000 | |
| Listed | |||
| | |||
|
Adorable and affordable...this 3 bedroom home features a remodeled kitchen and bath, in addition to many other desirable improvements. This property was built in 1981, does not have mello-roos and IS NOT located in a area of high assessments. The manager has listed the unit size as 924 square feet.
| |||
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
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Baths
ft²
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HOA + Taxes
About Desert Edge
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Listed by: Gil Rodriguez, Sharpstone Realty
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW25264717
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW25264717
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