$390,000
●
House -
Off Market
494 Drury
Banning, CA 92220
2 Beds
2 Baths
977 Ft²
$1,861
Est. Monthly
About This Property
Welcome to this beautifully reimagined 2-bedroom, 2-bathroom
single-story home. Boasting a seamless open floor plan, this
residence has been meticulously updated to offer a fresh, modern
aesthetic and worry-free maintenance for its new owners. Step into
a contemporary color palette and bright recessed lighting
throughout. The heart of the home features beautiful kitchen
cabinets and a stylish backsplash. Enjoy peace of mind with a newer
AC unit and central heating system, ensuring year-round efficiency
and a spacious two-car detached garage. The property sits on a
generous 6,534 sq. ft. lot at the end of a cul de sac. The front
yard has been enhanced with turf for instant curb appeal. This
move-in-ready home combines charm with the luxury of today's
top-tier finishes. Whether you are looking for a starter home or a
savvy investment in the growing city of Banning, this property is a
must-see!
Unit Size
977 Ft²
Days on Market
21 days
Land Size
0.15 acres
Price per sqft
$388
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1935
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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: 6 months ago (CRMLS #IG26093551)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2026 | Sold | ||
| Sold | |||
| May 6, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Listed by EXP REALTY OF CALIFORNIA INC. | $379,000 | |
| Listed by EXP REALTY OF CALIFORNIA INC. | |||
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Jul 20, 2021 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
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
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HOA + Taxes
About Banning
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Listed by: RANDY MILLER, EXP REALTY OF CALIFORNIA INC.
Last Updated: 6 months ago
Data Source: CRMLS, MLS# IG26093551
Last Updated: 6 months ago
Data Source: CRMLS, MLS# IG26093551
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