$299,000
●
House -
Off Market
5196 W Pinehurst Drive
Banning, CA 92220
3 Beds
2 Baths
1,505 Ft²
$454,387
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model
About This Property
BEAUTIFUL RIVIERA LOCATED ON THE GOLF COURSE WITH MOUNTAIN VIEW IN
SUN LAKES COUNTRY CLUB A 55+ COMMUNITY IN BANNING, CA 92220.
2 BDRM, 2 BA +BDRM/RETR & FAM @ 1505 SF. NICE CURB
APPEAL AND FANTASTIC VIEW OF GOLF COURSE AND MOUNTAINS. THIS
HOUSE IS VERY CLEAN AND HAS BEEN VERY WELL MAINTINED. SOME OF
THE EXCEPTIONAL UPGRADES ARE: WOOD FLOORS, WITH SOME CARPET &
TILE, PLANTATION SHUTTERS, UPGRADED LIGHTING FIXTURES, SOLID
SURFACE COUNTER TOPS, RAISED PLANTER BEDS IN BACK, LARGE PATIO
COVER, STORAGE CABINETS IN GARAGE AND EPOXY FLOORS IN GARAGE.
IF THIS ISN'T ENOUGH, SUN LAKES COUNTRY CLUB HAS 2 GOLF
COURSES, 3 CLUBHOUSES, ONE WITH FULL SERVICE RESTAURANT & LOUNGE, 3
SWIMMING POOLS(1 INSIDE), TENNIS & BOCCE BALL COURTS, EVERY KIND OF
ACTIVITY OR SOCIAL GROUP YOU COULD EVER WANT. WHAT A GREAT PLACE TO
LIVE!
Unit Size
1,505 Ft²
Days on Market
138 days
Land Size
0.11 acres
Price per sqft
$199
Property Type
House
Property Taxes
-
HOA Dues
$262
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 (CRMLS #EV18223498)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2019 | Sold | ||
| Sold | |||
| Sep 12, 2018 | Listed by SUN LAKES REALTY, INC | $299,000 | |
| 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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Closing Price
Sold On
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HOA + Taxes
About Banning
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Listed by: CAROLYN BURTON, SUN LAKES REALTY, INC
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV18223498
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV18223498
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