$231,300
●
House -
Off Market
5134 Long Cove Road
Banning, CA 92220
2 Beds
2 Baths
1,195 Ft²
$330,188
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Lovely Turnberry 30 floor plan located in Sun Lakes Country Club
@ 1195 sq. ft. you have 2 bedrooms, 2 full baths a den and a
formal dining area. Kitchen also has a nook - room enough for a
small table and chairs. Shows great, very bright and roomy.
Plantation Shutters in Living Room, Kitchen and Den. Flooring
consists of carpeted bedrooms and a very nice wood laminate in
living areas. You have a beautiful gas fire place to warm up those
colder winter evenings and a great back yard with low maintenance
landscaping, a slotted wood covered patio area and vinyl fencing.
Water heater was replace in 2016 and garage has cabinet space along
with the extra nook/work area. Located close to shopping,
restaurants, freeway and of course Desert Hills Shopping Mall.
Morongo is 10 minutes east for those fun outings. Wont last at this
price.
Unit Size
1,195 Ft²
Days on Market
128 days
Land Size
0.10 acres
Price per sqft
$188
Property Type
House
Property Taxes
-
HOA Dues
$262
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 #EV19040875)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2019 | Sold | ||
| Sold | |||
| Feb 23, 2019 | Listed by SUN LAKES REALTY, INC | $225,000 | |
| Listed by SUN LAKES REALTY, INC | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Banning
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Listed by: CAROLYN BURTON, SUN LAKES REALTY, INC
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV19040875
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV19040875
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