$289,000
●
House -
Off Market
5140 Pinehurst
Banning, CA 92220
3 Beds
2 Baths,
1
Half Bath
2,039 Ft²
$460,854
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
Enjoy spectacular golf course & mountain views from this stunning
2+ bedroom, 3 bath (optional EZ to convert 3rd bedroom or 1st floor
office) home with loft that includes full bath, private office &
additional built-ins / storage area. This highly desirable
"Marbella" floor-plan in the 55+ gated community of Sun Lakes
Country Club, provides plenty of natural light during the day & is
the perfect home for entertaining family & friends or simply
relaxing with the sweeping views of the 2nd hole & mountians.
Neighborhoods: Sun Lakes Country Club Equipment: Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: GSL
Unit Size
2,039 Ft²
Days on Market
222 days
Land Size
-
Price per sqft
$142
Property Type
House
Property Taxes
-
HOA Dues
$245
Year Built
1988
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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 (SDMLS #170002518)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2023 | No longer available | - | |
| No longer available | |||
| Apr 13, 2023 | In contract | - | |
| In contract | |||
| Apr 1, 2023 | Price Decreased |
$419,950
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Feb 13, 2023 | No longer available | - | |
| No longer available | |||
| Feb 12, 2023 | Listed by Ole Time Realty | $425,000 | |
| Listed by Ole Time Realty | |||
| | |||
|
IF YOU'RE LOOKING FOR THE BEST KEPT SECRET IN BANNING! This Fantastic home with golf course (2nd green) and mountain view just ready for you to call this “your” home! Many upgrades and home maintained beautifully. This 2039 square foot home is decorated to the maximum - home has tons of storage, formal dining area, formal living room, family room, loft, den 2 bedrooms and a hidden gem (hobby room), 3 baths and a 2-car garage. Front and back yard manicured to perfection and has complete watering system. Relax as and enjoy the breathtaking view of the 2ne green with your friends and family. Sun Lakes Country Club is an active 55+ residency which offers multiple pools – championship and executive golf courses – tennis courts, multiple club houses, heated in-door pool and spa, multiple weight/workout rooms, meeting rooms, entertainment room, restaurant facilities, professional golf pro on duty and much more for those individuals who are seeking an active life style or to just relax and enjoy the wonderful style of living here at Sun Lakes Country Club community. The manager has listed the unit size as 2039 square feet.
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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
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ft²
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About Banning
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Listed by: Jeffrey Goodrick, First Team Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 170002518
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 170002518
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