1
Map
$377,000
●
House -
Off Market
3320 Banyon Circle
Lake Elsinore, CA 92530
3 Beds
2 Baths
1,941 Ft²
$535,539
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
LOCATION! LOCATION! LOCATION! Welcome to Alberhill Ranch!
Spacious 3 bedroom home is located on a quiet cul-de-sac and
sits on a large lot over 7,840 sq.ft. As you enter this
lovely home you'll appreciate the large entryway with high ceilings
which leads you into the open family room with cozy fireplace.
You'll love cooking in this desirable kitchen with granite
counters, large breakfast bar and plenty of cabinets throughout.
Home offers open floorplan throughout and spacious bedrooms.
Master bedroom has private master bath with separate vanities,
separate tub & shower as well as walk-in closet. Enjoy family
BBQ's in this large back yard with covered patio and ceiling fan.
This beautiful community is surrounded by mountain & hill
views and offers many amenities including pools, play areas,
restrooms, clubhouse & picnic areas.
Unit Size
1,941 Ft²
Days on Market
49 days
Land Size
0.18 acres
Price per sqft
$193
Property Type
House
Property Taxes
-
HOA Dues
$140
Year Built
2005
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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 #NP20017573)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Jan 24, 2020 | Listed by The L3 | $374,500 | |
| Listed by The L3 | |||
Property Highlights
Garage
Parking Available
Air Conditioning
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Alberhill District
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Listed by: Elia Ceniceros, The L3
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP20017573
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP20017573
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