$385,000
●
House -
Off Market
797 Foothill Drive
Banning, CA 92220
4 Beds
2 Baths
2,151 Ft²
$570,373
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
**BACK ON MARKET - NO FAULT OF THE HOME** This turn-key four
bedroom, single story home is incredibly welcoming as soon as you
walk in the front door! In 2018 the home was given an ultimate
makeover; received brand new flooring throughout, new Furnace & AC
ductwork, a 5 ton AC system, a permitted 4th bedroom with barn door
added, and a completely new kitchen with oversize granite island.
In the master bedroom you will find a walk-in closet and dual
vanity sinks. The hallway has a built in computer workspace area;
perfect for creating a central hub for the home or a computer area
for your children. The two car garage features Spartaflex flooring
and smart garage storage system. The backyard is landscaped
and has a patio cover with ceiling fan and a Tuff shed for storing
your outdoor tools. This property is nearly a 1/3 of an acre, on
the end of a cul-de-sac, with an extended driveway and has no HOA!
Schedule your showing today, you will not be disappointed!
Unit Size
2,151 Ft²
Days on Market
50 days
Land Size
0.29 acres
Price per sqft
$181
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006
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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 #SW19141998)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2019 | Sold | ||
| Sold | |||
| Jun 16, 2019 | Listed by Blue Water Realty | $389,000 | |
| Listed by Blue Water Realty | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Banning
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Listed by: Christine Lovett, Blue Water Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19141998
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19141998
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