1
Map
8692 Via Mallorca #C
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 |
|---|---|---|---|
| Sep 14, 2015 | Sold | ||
| Sold | |||
| Aug 14, 2015 | Listed by Marc R. Perlman | $275,000 | |
| Listed by Marc R. Perlman | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/03/2019
|
Studio
|
1 Bath
|
504 ft²
|
$349,000
Studio
1 Bath
504 ft²
|
$349,000
09/11/2019
|
Cathy Nakanote
1st Choice Properties
| |
|
11/07/2016
|
Studio
|
1 Bath
|
504 ft²
|
$285,000
Studio
1 Bath
504 ft²
|
$269,000
-5.61%
01/12/2017
|
Kenneth D. Colwell
Colwell Realty IB, Inc.
| |
|
08/14/2015
|
Studio
|
1 Bath
|
504 ft²
|
$275,000
Studio
1 Bath
504 ft²
|
$267,000
-2.91%
09/14/2015
|
Michelle Oaker
Compass California III, Inc. dba Compass
| |
|
01/17/2013
|
1 Bed
|
1 Bath
|
504 ft²
|
$215,000
1 Bed
1 Bath
504 ft²
|
$210,000
-2.33%
06/20/2013
|
Indra Sujan
Berkshire Hathaway HomeServices California Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017