$349,999
↓ $10K (2.8%)
●
House -
For Sale
582 N Almond
Banning, CA 92220
2 Beds
1 Bath
495 Ft²
$1,719
Est. Monthly
About This Property
Cozy 2 bedroom 1 bath home in the heart of Banning just waiting for
it's new owner. Perfect for first time homebuyers. Don't let the
small size fool you, there is plenty of room to grow. Close to
shopping and freeway.
Unit Size
495 Ft²
Days on Market
95 days
Land Size
0.19 acres
Price per sqft
$707
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
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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: 19 days ago (CRMLS #IV26155706)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2026 | Price Decreased |
$349,999
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Aug 22, 2026 | Price Decreased |
$360,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jul 14, 2026 | Listed by BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY | $365,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY | |||
Property Highlights
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Laundry Features: None
Fireplace Features: None
Exterior Details
Square Footage: 495
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1935
Levels: One
Pool Features: None
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 8276
Lot Size Units: Square Feet
Lot Size Acres: 0.19
Lot Size Square Feet: 8276
Tax Lot: 157
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Central
Sewer : Public Sewer
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: JESUS ESPINOZA, BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Last Updated: 19 days ago
Data Source: CRMLS, MLS# IV26155706
Last Updated: 19 days ago
Data Source: CRMLS, MLS# IV26155706
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