$267,500
●
House -
Off Market
6166 Turnberry Drive
Banning, CA 92220
2 Beds
2 Baths,
1
Half Bath
1,294 Ft²
$416,002
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Single Story "Lilac" in Sun Lakes Country Club. Corian Kitchen
Countertops with Breakfast Bar open to Great Room with Fireplace.
Ceramic Tiled Floors in Entry, Kitchen and Baths. Master Bath
features Corian Double-Sinks. Separate Laundry Room inside. Lots of
Built-In Cabinets in Oversized Garage with space for a Golf Cart.
Drought Friendly Backyard with Vinyl Fencing (1 side to be
installed 7/17/2018). Patio Cover and large Back Yard with
Panoramic Views of Hills. Tenant occupied until 8/31/2019. Great
opportunity for an investor with rent income of $1,400/month until
8/31/2019. Sun Lakes Country Club is a 24-hr Guard Gated Community
with 2 Private 18-hole Golf Courses, Driving Range, Putting Greens,
3 Club Houses, 3 Pools/Spas (one indoors), Tennis Courts, Pickle
Ball Courts, Bocce Courts, Billiard Room, 2 Restaurants, Full Bar,
Lounge, Ball Room, Veranda and over 80 Clubs and Activities
available!!! This is Resort-Style Living!!!
Unit Size
1,294 Ft²
Days on Market
96 days
Land Size
0.10 acres
Price per sqft
$213
Property Type
House
Property Taxes
-
HOA Dues
$257
Year Built
1999
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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: 4 months ago (CRMLS #EV18151119)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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About Banning
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Listed by: ANNA SELVAGGI, SUN LAKES REALTY, INC
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV18151119
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV18151119
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