8461 Via Mallorca #21
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2014 | Sold | ||
| Sold | |||
| Jun 30, 2014 | Listed by RE/MAX Coastal Properties | $445,000 | |
| Listed by RE/MAX Coastal Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/21/2024
|
1 Bed
|
1 Bath
|
876 ft²
|
$599,000
1 Bed
1 Bath
876 ft²
|
$599,000
06/27/2025
|
Valerie Zatt
Compass
| |
|
05/15/2017
|
2 Bed
|
1 Bath
|
1074 ft²
|
$499,995
2 Bed
1 Bath
1074 ft²
|
$526,500
+5.30%
05/31/2017
|
Irene Chandler
Coldwell Banker Realty
| |
|
06/30/2014
|
2 Bed
|
2 Bath
|
1074 ft²
|
$445,000
2 Bed
2 Bath
1074 ft²
|
$455,000
+2.25%
07/21/2014
|
Greg Flaherty
Penny Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017