$460,030
●
House -
Off Market
1729 Masters Drive
Banning, CA 92220
2 Beds
2 Baths,
1
Half Bath
2,134 Ft²
$492,110
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Located in the highly Sun Lakes Country Club; Beautiful Active
Senior Resort for 55 and over. Home is a 2 bedroom two and a half
bath with a large den / office and a Great room with lovely gas
fireplace and French style doors that exit to the built-in covered
patio. The guest bathroom is in the hall and is toilet & sink only
whereas the guest bedroom is a second master bedroom with a full
private bathroom and walk-in closet. Master bedroom is in the back
of the house. Large kitchen with many cupboards, pull out drawers,
corner Lazy Susan, newer appliances (including stove top, double
ovens, microwave ) walk in pantry with it's own laundry room (newer
washer & dryer) with a deep sink. There are window shutters thru
out home. Garage includes a separate golf cart parking and separate
garage door with street side entry. Landscaped beautifully and with
low maintenance in mind. Beautiful and move in ready. Some of
the amenities in Sun Lakes are Championship Golf Course, Executive
Golf Course, 3 Club Houses, Restaurant & Lounge, Tennis, Swimming
(inside & outside), Bocce Ball, Pickle Ball / Paddle Ball, and 3
Gyms. CASE # 048-435477HUD Owned Property - HUD Homes are Sold
AS-IS
Unit Size
2,134 Ft²
Days on Market
48 days
Land Size
0.14 acres
Price per sqft
$202
Property Type
House
Property Taxes
-
HOA Dues
$307
Year Built
2002
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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: 2 years ago (CRMLS #219064582DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2021 | Sold | ||
| Sold | |||
| Jul 7, 2021 | Listed by Re/Max Advantage | $430,000 | |
| Listed by Re/Max Advantage | |||
| | |||
|
Located in the highly Sun Lakes Country Club; Beautiful Active Senior Resort for 55 and over. Home is a 2 bedroom two and a half bath with a large den / office and a Great room with lovely gas fireplace and French style doors that exit to the built-in covered patio. The guest bathroom is in the hall and is toilet & sink only whereas the guest bedroom is a second master bedroom with a full private bathroom and walk-in closet. Master bedroom is in the back of the house. Large kitchen with many cupboards, pull out drawers, corner Lazy Susan, newer appliances (including stove top, double ovens, microwave ) walk in pantry with it's own laundry room (newer washer & dryer) with a deep sink. There are window shutters thru out home. Garage includes a separate golf cart parking and separate garage door with street side entry. Landscaped beautifully and with low maintenance in mind. Beautiful and move in ready. Some of the amenities in Sun Lakes are Championship Golf Course, Executive Golf Course, 3 Club Houses, Restaurant & Lounge, Tennis, Swimming (inside & outside), Bocce Ball, Pickle Ball / Paddle Ball, and 3 Gyms. CASE # 048-435477HUD Owned Property - HUD Homes are Sold AS-IS
| |||
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
Sold On
HOA + Taxes
About Banning
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marvin Mark Stone, Re/Max Advantage
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219064582DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219064582DA
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