$275,000
●
House -
Off Market
4910 Rio Bravo Drive
Banning, CA 92220
2 Beds
2 Baths
1,471 Ft²
$397,420
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Beautiful Columbine floor plan located in Sun Lakes Country Club, a
55+ Senior Living Community located in Banning. Home is a 2 bedroom
2 bath plus den ready to move in; especially since there has been
new carpet installed. Home faces south. Front is beautifully
landscaped and back yard is very quite and inviting with vinyl
fencing. This open floor plan is bright and cheery with lots of
natural sun light. As you enter into the great room you will find
the open kitchen and dinning areas. Master bedroom has a large walk
in closet and double sinks. Kitchen has a built in desk area
and there are shutters thru out. Laundry is located inside
with plenty of storage. Sun Lakes is located near shopping,
entertainment and restaurants with Morongo Casino and Desert Hills
Premium 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. You can always
find a group of people to associate with in one of the several
social clubs. All an active adult could ask for.
Unit Size
1,471 Ft²
Days on Market
257 days
Land Size
0.16 acres
Price per sqft
$190
Property Type
House
Property Taxes
-
HOA Dues
$282
Year Built
2001
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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 #EV19170118)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2020 | Sold | ||
| Sold | |||
| Aug 10, 2019 | Listed by SUN LAKES REALTY, INC | $279,500 | |
| 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
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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# EV19170118
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19170118
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