89 Mayfair
About This Property
Situated in the heart of one of Irvine's most prestigious pockets, the location offers unparalleled convenience. Stonegate Elementary is just a short stroll away, while Sierra Vista Middle and Northwood High are within an easy, safe bike ride on Irvine's beautiful trails from Jeffrey Trail to Hicks Canyon Trail. Beyond the resort-style pools and the famous Jeffrey Open Space Trail, 89 Mayfair offers a specific "local secret": it sits in one of the quietest pockets of the village, shielded from the constant road hum of Irvine Boulevard. Residents also benefit from a hidden pedestrian shortcut near the school that leads directly to Woodbury Town Center, putting morning coffee and upscale shopping less than 10 minutes away on foot.
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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 |
|---|---|---|---|
| Jul 16, 2026 | Sold | ||
| Sold | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Price Decreased |
$839,000
↓ $40K
(4.6%) | |
| Price Decreased | |||
| Jun 19, 2026 | Price Decreased |
$879,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Jun 7, 2026 | Price Decreased |
$880,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/11/2019
| |
1 Bed
|
1 Bath
|
1129 ft²
|
$560,000
1 Bed
1 Bath
1129 ft²
|
$568,000
+1.43%
07/01/2019
|
Jennie Kim
Sunny Realty & Management Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017