$250,000
●
House -
Off Market
5519 Riviera Avenue
Banning, CA 92220
2 Beds
3 Baths
1,452 Ft²
$365,520
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Welcome Home to this Beautiful Turnkey St. Moritz model located in
Sun Lakes Country Club 55+ Community! Living room features a cozy
fireplace and new Bamboo flooring. Spacious kitchen with breakfast
bar, new microwave and plenty of cabinet space. Downstairs Master
Suite and master bath with backyard access. The second downstairs
bedroom connects to the main bathroom. Upstairs Loft area looks
over the downstairs living areas and has an adjoining full
bathroom. This well-loved home features New HVAC and Thermostat,
Plantation Shutters throughout, new vinyl sliding glass doors, 3
new toilets, built in oak hall cabinets, and plenty of under the
stair storage!
The backyard is an ideal entertaining area with its large covered patio and a variety of fruit trees. This beautiful gated community amenities include: golf, three club houses, one with an indoor swimming pool, full service restaurant, billiards room, ball room, library, tennis courts and bocce ball, various clubs and so much more. *HERO loan shown on taxes will be paid off at close of escrow by seller.
Beaumont lies between scenic Mountains w/more temperate climate than Desert cities; Nearby PGA golf courses! 1 hr Los Angeles & Big Bear Mt skiing; ½ hr Palm Springs; 1.5 hr Beaches; just minutes to Casino & major Shopping! We are vets and love our vets, VA financing welcome! All financing types are welcome and acceptable.
The backyard is an ideal entertaining area with its large covered patio and a variety of fruit trees. This beautiful gated community amenities include: golf, three club houses, one with an indoor swimming pool, full service restaurant, billiards room, ball room, library, tennis courts and bocce ball, various clubs and so much more. *HERO loan shown on taxes will be paid off at close of escrow by seller.
Beaumont lies between scenic Mountains w/more temperate climate than Desert cities; Nearby PGA golf courses! 1 hr Los Angeles & Big Bear Mt skiing; ½ hr Palm Springs; 1.5 hr Beaches; just minutes to Casino & major Shopping! We are vets and love our vets, VA financing welcome! All financing types are welcome and acceptable.
Unit Size
1,452 Ft²
Days on Market
115 days
Land Size
0.11 acres
Price per sqft
$172
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 #EV19199470)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2019 | Sold | ||
| Sold | |||
| Aug 20, 2019 | Listed by KELLER WILLIAMS REALTY | $249,900 | |
| Listed by KELLER WILLIAMS REALTY | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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: MITCHELL WEISBERG, KELLER WILLIAMS REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19199470
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19199470
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