$360,000
●
House -
Off Market
612 Pine Valley Road
Banning, CA 92220
3 Beds
2 Baths
1,247 Ft²
$2,133
Est. Monthly
$365
HOA / Fees
8.12%
Cap Rate
About This Property
ON THE GOLF COURSE! No Court Confirmation needed. Home is ready to
sell. Welcome to your beautifully updated, move-in ready home in
the highly sought-after 55+ active community of Sun Lakes! This
stunning residence offers modern finishes and thoughtful updates,
creating a warm and inviting atmosphere. Whether you're relaxing in
your private space or enjoying the vibrant community life, this
home has everything you need. As a resident of Sun Lakes, you'll
enjoy access to an array of resort-style amenities, including an
18-hole golf course, state-of-the-art fitness center, clubhouse,
resort style pool, billiards room, and even an art studio.
The HOA takes care of a full social calendar, ensuring you have
countless opportunities to connect, learn, and enjoy life to the
fullest. Conveniently located near healthcare facilities and local
attractions, this home is perfectly situated for everyday ease.
Don't miss your chance to join this exclusive community and start
enjoying the good life right away!
Unit Size
1,247 Ft²
Days on Market
57 days
Land Size
0.10 acres
Price per sqft
$289
Property Type
House
Property Taxes
-
HOA Dues
$365
Year Built
-
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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 #IV25015732)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | Listed by Faithful Foundations Realty | $360,000 | |
| Listed by Faithful Foundations Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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: LEANNA GONZALEZ, Faithful Foundations Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV25015732
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV25015732
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