$185,000
●
House -
Off Market
299 N Murray Street
Banning, CA 92220
2 Beds
1 Bath
780 Ft²
$276,730
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Nestled in a tranquil, tree lined street in the beautiful
stagecoach City of Banning you'll find this adorable, California
style bungalow complete with a touch of modern charm. This amazing
home has been dramatically renovated and updated to today's codes
with new electrical to include new wiring and new plugging
throughout the whole house, new plumbing, new insulation, new
carpet, new cabinetry, inside laundry, and even a huge basement.
Come take a look and make this your home sweet home. Bring all your
financing types: FHA, Conventional, VA, and all your assistance
programs are welcome: Calhfa, GSFA/Platinum, CHENOA, City of
Banning, etc.
Unit Size
780 Ft²
Days on Market
184 days
Land Size
0.14 acres
Price per sqft
$237
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1927
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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 (CRMLS #IV18223540)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2023 | No longer available | - | |
| No longer available | |||
| Jul 28, 2023 | In contract | - | |
| In contract | |||
| Jul 25, 2023 | Relisted | $330,000 | |
| Relisted | |||
| Jul 15, 2023 | In contract | - | |
| In contract | |||
| Jul 4, 2023 | Relisted | $330,000 | |
| Relisted | |||
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Property Highlights
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
Price/ft²
Asking Price
Listed On
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HOA + Taxes
About Banning
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Listed by: LIZ GARCIA, ABSOLUTE ADVANTAGE REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18223540
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV18223540
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