$375,000
●
House -
Off Market
2026 Sheehan Circle
Banning, CA 92220
2 Beds
2 Baths,
1
Half Bath
1,882 Ft²
$563,425
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Sun Lakes Country Club - An Active 55+ Community * Azalea Floor
Plan * This 2 bedroom 2.5 bath home with an office is 1,882 square
feet that has been Completely Remodeled and IS immaculate. Lot is
located on a cul-de-sac and is oversize at almost 1/4 acre. There
is a large side yard that has been beautifully landscaped while the
back yard has a covered patio the full size of the home. Granite
counter tops have been added to all bathrooms and kitchen. Newer
appliances, plantation shutters, HVAC & Heater replaced in May,
2019, garage has epoxy flooring. Flooring is a lovely light wood
with carpet in bedrooms. Beautiful Lead Glass front door sets the
mood as you enter into the great room. Open floor plan is perfect
for the entertainer. So many upgrades you just have to see it for
yourself. Sun Lakes is located near shopping Mall 15 minutes east
on HWY 10. Some of the amenities in Sun Lakes are: Championship
Golf Course, 3 Club Houses, Restaurant & Lounge, Tennis, Swimming
(inside & outside), Bocce Ball, Pickle Ball / Paddle Ball, and 3
Gyms. All an active adult could ask for.
Unit Size
1,882 Ft²
Days on Market
128 days
Land Size
0.47 acres
Price per sqft
$209
Property Type
House
Property Taxes
-
HOA Dues
$282
Year Built
2000
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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 #EV19256739)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2020 | Sold | ||
| Sold | |||
| Nov 3, 2019 | Listed by SUN LAKES REALTY, INC | $394,000 | |
| Listed by SUN LAKES REALTY, INC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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
Price/ft²
Price/ft²
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Listed On
Closing Price
Sold On
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HOA + Taxes
About Banning
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Listed by: CAROLYN BURTON, SUN LAKES REALTY, INC
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19256739
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19256739
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