$222,500
●
House -
Off Market
6354 Colonial Avenue
Banning, CA 92220
2 Beds
2 Baths
1,082 Ft²
$313,888
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
LOVELY GLENEAGLES MODEL IN SUN LAKES COUNTRY CLUB, A 55+ COMMUNITY
IN BANNING, CA 92220. THIS 2 BEDROOM, 2 BATH HOME @
1,082 SQUARE FEET HAS GREAT CURB APPEAL. NEWLY INSTALLED HVAC
SYSTEM - INCLUDING THE HEATING UNIT & A NEW WATER HEATER. THE 5
YEAR WARRANTY WILL TO BE TRANSFERED INTO NEW HOMEOWNERS NAME. COME
AND SEE THIS HOME AND MAKE IT YOURS WITH THAT PERSONAL TOUCH.
COVERED PATIO WITH A VERY INVITING YARD FOR THOSE LONG SUMMER
EVENINGS SPENT OUTSIDE LOCATED ON A VERY QUITE STREET. SUN LAKES
COUNTRY CLUB HAS 2 GOLF COURSES, 3 CLUBHOUSES, ONE WITH FULL
SERVICE RESTAURANT & LOUNGE, 3 SWIMMING POOLS (1 INSIDE), TENNIS &
BOCCE BALL COURTS, EVERY KIND OF ACTIVITY OR SOCIAL GROUP YOU COULD
EVER WANT. WHAT A GREAT PLACE TO LIVE! MORONGO CASINO & DESERT
HILLS SHOPPING IS 15 MINUTES EAST ON HWY 10. LOCATED CLOSE TO
SHOPPING, RESTUARANTS AND ENTERTAINMENT.
Unit Size
1,082 Ft²
Days on Market
298 days
Land Size
0.10 acres
Price per sqft
$203
Property Type
House
Property Taxes
-
HOA Dues
$282
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 #EV19111231)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2020 | Sold | ||
| Sold | |||
| May 13, 2019 | Listed by SUN LAKES REALTY, INC | $219,500 | |
| Listed by SUN LAKES REALTY, INC | |||
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
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Type
Beds
Baths
ft²
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HOA + Taxes
About Banning
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Listed by: CAROLYN BURTON, SUN LAKES REALTY, INC
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19111231
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV19111231
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