$220,000
●
House -
Off Market
1562 Crystal Downs Street
Banning, CA 92220
2 Beds
3 Baths
1,477 Ft²
$308,564
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
***HUD HOME*** PRICE REDUCED ***In the Sun Lakes, Guard Gated, 55+
Community. The Community offers many amenities for its
residents. There are Golf Courses, Pool, Tennis & Other
Courts, a Restaurant and Clubhouses and many Activity Groups.
This home offers a fantastic floorplan! The entry opens
into the Formal Living Room, there is also Formal Dining adjacent
to the Kitchen making it convenient when entertaining. Across
the breakfast bar in the kitchen is a dinette sitting in front of
the sliding glass doors and a cozy Family Room sits opposite the
kitchen. The step saver kitchen provides adequate cabinets
and counter space. Down the hall is the Master Bedroom with
sliding glass door to the rear yard, and a master bath with dual
sink vanity and large shower. There is second bedroom and
full bath as well, a great place for visiting family. Over by
the entry the stairs lead up to an open Loft, this could be used as
a bedroom as its also has a full bath or can be a nice office or
hobby room. The rear yard has 2 covered patios and a nice
area for lawn or gardening.
Unit Size
1,477 Ft²
Days on Market
145 days
Land Size
0.12 acres
Price per sqft
$143
Property Type
House
Property Taxes
-
HOA Dues
$262
Year Built
1995
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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 #IV19125660)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2019 | Sold | ||
| Sold | |||
| May 29, 2019 | Listed by KELLER WILLIAMS REALTY | $210,672 | |
| Listed by KELLER WILLIAMS REALTY | |||
Property Highlights
Garage
Air Conditioning
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
Sold On
HOA + Taxes
About Banning
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Listed by: DUSTIN LUCE, KELLER WILLIAMS REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19125660
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19125660
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