$193,000
●
House -
Off Market
4946 Rio Bravo Drive
Banning, CA 92220
2 Beds
2 Baths
1,295 Ft²
$294,322
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
***HUD HOME*** Open Concept Living Space! Sun Lakes Country
Club. Side entry opens into wide foyer with view into the Great
Room. Great Room has lots of windows, a corner fireplace and
a built in TV niche. Cozy dining with breakfast bar
overlooking the kitchen. Kitchen is bright and inviting with
lots of cabinets, white countertops and appliances. Separate
Laundry Room off kitchen provides direct garage access. Nice sized
Master Bedroom with slider to rear yard and a Master Bath with dual
sink vanity and a large shower. The secondary bedroom is
roomy and the main bath has shower over tub. The rear yard is
a relaxing space, with a covered patio and planter boxes along the
fenceline.
Unit Size
1,295 Ft²
Days on Market
101 days
Land Size
0.12 acres
Price per sqft
$155
Property Type
House
Property Taxes
-
HOA Dues
$262
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 #IV19089848)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2019 | Sold | ||
| Sold | |||
| Apr 19, 2019 | Listed by KELLER WILLIAMS REALTY | $200,560 | |
| Listed by KELLER WILLIAMS REALTY | |||
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
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Listed by: DUSTIN LUCE, KELLER WILLIAMS REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19089848
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19089848
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