$290,000
●
House -
Off Market
5465 W Pinehurst Drive
Banning, CA 92220
2 Beds
2 Baths
1,672 Ft²
$432,361
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Beautiful St. Moritz Enlarged Floor Plan! Located on a corner lot
in Sun Lakes Country Club 55+ Senior Community. Home has been well
maintained and just about everything has been upgraded including
ALL the doors. This fantasic 2 bedroom 3 bath home has been
enlarged downstairs @ the family room and the loft has also been
expanded to include an extra office space and more closet and/or
storage. Flooring is a beautiful tile with carpet in the bedrooms
and loft. Staircase is a beautiful wood laminate with decorative
iron handrail. Plantation Shutters thru out with Master bedroom
slider upgraded to French doors with shades built into glass, very
nice touch. Matching Granite Counter Tops in kitchen, master bath
and loft bathroom. Master bath shower is a beautiful tile that
accents the granite. Back yard patio has alum-a-wood cover and
alum-a-wood fencing on all sides. Front and back are landscaped
with low maintenance shrubs with a peach tree on the side. Garage
has plenty of storage and the floor has been epoxy painted. Sun
Lakes is located near shopping, entertainment and restaurants with
Morongo Casino and Desert Hills Premium Shopping Mall 15 minutes
east on HWY 10. Some of the amenities in Sun Lakes are:
Championship Golf Course, 3 Club Houses, Restaurant & Lounge,
Tennis, Swimming (inside & outside), Bocce Ball, Pickle Ball /
Paddle Ball, and 3 Gyms. All an active adult could ask for.
Unit Size
1,672 Ft²
Days on Market
86 days
Land Size
0.12 acres
Price per sqft
$176
Property Type
House
Property Taxes
-
HOA Dues
$262
Year Built
1989
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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 #EV19150844)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2019 | Sold | ||
| Sold | |||
| Jun 26, 2019 | Listed by SUN LAKES REALTY, INC | $295,000 | |
| Listed by SUN LAKES REALTY, INC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
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Asking Price
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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# EV19150844
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19150844
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