$385,000
●
House -
Off Market
5150 Savannah Drive
Banning, CA 92220
2 Beds
3 Baths
2,039 Ft²
$2,215
Est. Monthly
$250
HOA / Fees
5.54%
Cap Rate
About This Property
Now For Sale! This super beautiful Sun Lakes Country Club 55+
Community Home, right on the golf course, has everything you
could ask for and more. The home has updated HVAC, flooring,
granite, paint, lighting fixtures, ceiling fans and the beautiful
walk-in master shower. The kitchen is beautiful with granite
counter tops, gas range stove and oven stainless steel appliances,
dishwasher, refrigerator and a breakfast bar that opens to living
room for cooking an entertaining. This home does feature 2
bedrooms and and 3 full bathrooms with an upstairs loft.
Indoor laundry room. This home is in fantastic condition and move in ready. One of the key features of this home is the view. This beautiful home backs right up to the golf course. You can relax on the large rear patio and enjoy a beautiful day with your amazing view. Not to mention all the community amenities such as gyms, sports courts, pools, spas, clubhouse, Billiard Room, Card Room, Banquet Facilities, Recreation Room and so much more. Dining shopping and entertainment are a quick drive from your community, including an approximate fifteen minute drive to the Morongo Resort and Casino.
Indoor laundry room. This home is in fantastic condition and move in ready. One of the key features of this home is the view. This beautiful home backs right up to the golf course. You can relax on the large rear patio and enjoy a beautiful day with your amazing view. Not to mention all the community amenities such as gyms, sports courts, pools, spas, clubhouse, Billiard Room, Card Room, Banquet Facilities, Recreation Room and so much more. Dining shopping and entertainment are a quick drive from your community, including an approximate fifteen minute drive to the Morongo Resort and Casino.
Unit Size
2,039 Ft²
Days on Market
71 days
Land Size
0.11 acres
Price per sqft
$196
Property Type
House
Property Taxes
-
HOA Dues
$250
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: 2 years ago (CRMLS #IV24183166)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $400,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 4, 2024 | Listed by PROVIDENCE REALTY | $430,000 | |
| Listed by PROVIDENCE REALTY | |||
Property Highlights
Garage
Air Conditioning
With View
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: SCOTT TUCKER, PROVIDENCE REALTY
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24183166
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24183166
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