$325,000
●
House -
Off Market
952 Olympic Avenue
Banning, CA 92220
2 Beds
2 Baths
1,195 Ft²
$1,981
Est. Monthly
$385
HOA / Fees
7.85%
Cap Rate
About This Property
Turnberry Plan 30 on Championship Golf Course of Sun Lakes Country
Club - Guest bath has jetted tub and granite counter - Granite in
kitchen
and 2 windows added for better golf course view and corner opened to living room - walk-in closet in master bedroom - granite counter in
master bath - refrigerator, washer, dryer and Living Room tv included - two car garage and laundry in garage - pull-out shelves in pantry - Home ready to
move in and enjoy all the amenities of this retirement community. This 2 bedroom, 2 bath and den is a perfect size to retire in and enjoy the activities.
Two golf courses: Championship Course and Executive Course - tennis - bocce ball - swimming - a full-service restaurant, a sandwich in the clubhouse, lounge - billiard room - arts & crafts room and so many clubs to participate in. Home is being offered at $325,000 "As Is".
and 2 windows added for better golf course view and corner opened to living room - walk-in closet in master bedroom - granite counter in
master bath - refrigerator, washer, dryer and Living Room tv included - two car garage and laundry in garage - pull-out shelves in pantry - Home ready to
move in and enjoy all the amenities of this retirement community. This 2 bedroom, 2 bath and den is a perfect size to retire in and enjoy the activities.
Two golf courses: Championship Course and Executive Course - tennis - bocce ball - swimming - a full-service restaurant, a sandwich in the clubhouse, lounge - billiard room - arts & crafts room and so many clubs to participate in. Home is being offered at $325,000 "As Is".
Unit Size
1,195 Ft²
Days on Market
212 days
Land Size
0.10 acres
Price per sqft
$272
Property Type
House
Property Taxes
-
HOA Dues
$385
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 #IG24229097)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Price Decreased |
$325,000
↓ $34K
(9.5%) | |
| Price Decreased | |||
| Apr 30, 2025 | Price Decreased |
$359,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Apr 24, 2025 | Price Decreased |
$363,900
↓ $16K
(4.2%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Comparables
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Status
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Type
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Baths
ft²
Price/ft²
Price/ft²
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Closing Price
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HOA + Taxes
About Banning
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Listed by: Carolyn Burton, CENTURY 21 LOIS LAUER REALTY
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG24229097
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG24229097
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