$207,500
●
House -
Off Market
833 Riviera Avenue
Banning, CA 92220
2 Beds
2 Baths
1,505 Ft²
$320,549
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
**HUD HOME**Charming single story with well designed floorplan with
vaulted ceilings. Entry opens into the Formal Living and Dining
Rooms and have large windows. Step into the great room which
has a nice layout, kitchen to the right, a nook to the left and the
family room with fireplace and sliding glass door looking out to
the rear yard. the rear yard backs the golf course; check out the
view. Down the hallway is a nice set of linen cabinets, the
main bath and a bedroom. The Master Bedroom is extra roomy
with an adjoined bedroom, walk in closet and sliding glass door
looking out over the golf course. The rear yard has a covered
patio patio and plenty of space to set up table & chairs or a
lounger to enjoy the view. Laundry area is in garage and there is a
pull-down ladder to access the attic area.
Unit Size
1,505 Ft²
Days on Market
62 days
Land Size
0.11 acres
Price per sqft
$146
Property Type
House
Property Taxes
-
HOA Dues
$262
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 #IV19264477)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 29, 2020 | In contract | - | |
| In contract | |||
| Sep 24, 2020 | Relisted | $324,900 | |
| Relisted | |||
| Jul 22, 2020 | In contract | - | |
| In contract | |||
| Jun 19, 2020 | Price Decreased |
$299,900
↓ $10K
(3.2%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Banning
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Listed by: DUSTIN LUCE, KELLER WILLIAMS REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19264477
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV19264477
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