$390,000
●
House -
Off Market
5836 Indian Canyon Drive
Banning, CA 92220
2 Beds
2 Baths
1,471 Ft²
$2,349
Est. Monthly
$385
HOA / Fees
4.83%
Cap Rate
About This Property
BEAUTIFUL "PULTE BUILT" PAVE MODEL WITH VERY PRIVATE BACK YARD AND
EXTRA LARGE SIDE YARD WITH VEGETABLE GARDEN AND MATURE FRUIT TREES
(Orange & Grapefruit)!! ENGINEERED WOOD FLOORING HAS BEEN
UPGRADED AND ENTERTAINMENT CENTER IN GREAT ROOM STAYS!!
KITCHEN HAS UPGRADED GRANITE COUNTERS WITH CUSTOM BACKSPLASH
AND LOWERED BAR TOP - INCLUDES ALL STAINLESS APPLIANCES!!
LAUNDRY ALSO HAS GRANITE COUNTER WITH WASHER & DRYER!!
CUSTOM VALANCES FROM "LONDON" IN DINING & OFFICE WILL STAY
BUT DRAPERIES IN GREAT ROOM & BEDROOMS DO NOT!! SUN LAKES IS
A FABULOUS GATED/GUARDED "ACTIVE ADULT" COUNTRY CLUB WITH TWO 18
HOLE GOLF COURSES - Championship & Executive!! Including Pro
Shops, Driving Range, Sport Courts for Tennis, Pickleball, Bocce &
more, TWO RESTAURANTS, Bar/Lounge & Outdoor Patios with
Entertainment, THREE CLUBHOUSES with Pools/Spas (one indoors),
Three Fully-Equipped Gyms, Ballroom w/Stage, Billiards, Library,
Craft Room w/Classes, over 80 Clubs with Activities to fit every
need!! PLUS PRIVATE RV STORAGE!! HOA FEE INCLUDES
SPECTRUM CABLE TV & INTERNET!! Sun Lakes is close to
EVERYTHING!! Less than an hour to Mountains, Deserts, Beaches
and MINUTES to Desert Hills Premium Outlets and MORONGO CASINO!!
COME VISIT AND MAKE THIS YOUR NEW DREAM HOME!!
Unit Size
1,471 Ft²
Days on Market
57 days
Land Size
0.12 acres
Price per sqft
$272
Property Type
House
Property Taxes
-
HOA Dues
$385
Year Built
2002
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Cap Rate Calculator
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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 #IG25121684)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2025 | Sold | ||
| Sold | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Listed by Better Homes & Gardens R.E. Oak Valley | $399,950 | |
| Listed by Better Homes & Gardens R.E. Oak Valley | |||
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
Price/ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Banning
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Listed by: Bonnie Seaver, Better Homes & Gardens R.E. Oak Valley
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG25121684
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG25121684
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