$238,000
●
House -
Off Market
3120 Summer Set Circle
Banning, CA 92220
2 Beds
2 Baths
1,474 Ft²
$352,786
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
Stunning single-story home with recent updates in the wonderful
Serrano Del Vista 55+ community. Ideal corner lot with great curb
appeal and fresh exterior paint! You are instantly greeted by a
bright and airy spacious formal living space, neutral paint,
gorgeous tile flooring throughout, ceiling fans throughout, and
many upgrades. Flowing directly into the open kitchen and living
room with cozy fireplace and plenty of windows offering tons of
natural lighting. The recently updated kitchen is like new!
Spacious layout, plenty of new cabinetry, new granite counter tops,
new stainless-steel farm sink, stainless steel appliances, and nook
with plenty of room for a kitchen table. Spacious bedrooms,
bathrooms, and master bedroom featuring a private bathroom and walk
in closet. Perfectly sized easy-care patio space is the perfect
place to enjoy a cup of coffee, or barbecue, and enjoy your lovely
fruit trees. Beyond this lovely home you can enjoy many amenities
including a community pool, spa, clubhouse, gym, tennis court, and
more!
Unit Size
1,474 Ft²
Days on Market
61 days
Land Size
0.10 acres
Price per sqft
$163
Property Type
House
Property Taxes
-
HOA Dues
$140
Year Built
1990
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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 #SW19082370)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2019 | Sold | ||
| Sold | |||
| Apr 10, 2019 | Listed by The Blake Cory Home selling Team | $239,990 | |
| Listed by The Blake Cory Home selling Team | |||
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Blake Cory, The Blake Cory Home selling Team
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19082370
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19082370
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