8609 Via Mallorca #E
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 |
|---|---|---|---|
| May 13, 2025 | Sold | ||
| Sold | |||
| Dec 21, 2024 | Listed by eXp Realty Greater Los Angeles | $849,999 | |
| Listed by eXp Realty Greater Los Angeles | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/21/2024
|
2 Bed
|
2 Bath
|
1387 ft²
|
$849,999
2 Bed
2 Bath
1387 ft²
|
$915,000
+7.65%
05/13/2025
|
Jim Bottrell
Ardent Real Estate Services
|
Building Info
About Northern San Diego
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017