8660 Via Mallorca #D
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Oct 28, 2025 | In contract | - | |
| In contract | |||
| Sep 20, 2025 | Price Decreased |
$550,000
↓ $26K
(4.4%) | |
| Price Decreased | |||
| Aug 15, 2025 | Price Decreased |
$575,500
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Jul 31, 2025 | Price Decreased |
$590,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/10/2025
|
1 Bed
|
1 Bath
|
691 ft²
|
$610,000
1 Bed
1 Bath
691 ft²
|
$510,000
-16.39%
11/13/2025
|
Rick Mitchell
AHP Realty
| |
|
08/20/2021
|
1 Bed
|
1 Bath
|
691 ft²
|
$479,000
1 Bed
1 Bath
691 ft²
|
$519,000
+8.35%
09/21/2021
|
Jackson Campbell
Keller Williams Carmel Valley
| |
|
08/08/2014
|
1 Bed
|
1 Bath
|
691 ft²
|
$299,000
1 Bed
1 Bath
691 ft²
|
$296,000
-1.00%
06/01/2015
|
Michelle Oaker
Compass California III, Inc. dba Compass
| |
|
07/04/2014
|
1 Bed
|
1 Bath
|
691 ft²
|
$286,000
1 Bed
1 Bath
691 ft²
|
$274,950
-3.86%
08/13/2014
|
Michelle Oaker
Compass California III, Inc. dba Compass
| |
|
05/20/2014
|
1 Bed
|
1 Bath
|
691 ft²
|
$299,000
1 Bed
1 Bath
691 ft²
|
$290,000
-3.01%
06/24/2014
|
Michelle Oaker
Compass California III, Inc. dba Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017