What you paid for it originally is of no financial consequence, just emotional. Your only reason to keep it from a value standpoint would be if you are pretty sure the value will go up in the future.
So let's look at it from an ROI standpoint:
At 4.125% APR, you're paying about $480 per month in interest and $260 in principal, so your net profit from renting it out would be 1,200 - (898-260) - 560 = $2 per month. That's a 0.24% capitalization rate on 10K of equity (2/10,000 * 12)
There's no real benefit to renting it out now at your current rates. You're spending all of the profit on interest, HoA fees (The HoA fee is effectively an additional 4% interest), and taxes/insurance. The 2-300 per month is just going to the equity in the condo, which you won't realize until you sell it anyways.
You'd be better off selling, keeping the 10K in equity, and paying down other debt, keeping it as an emergency fund, or investing it.
This would only start to make sense if you could rent it our for closer to 1,500 per month. That would make it a wash cash-flow-wise and would be closer to a 30% cap rate (which is only really 2% if you take into account the 15X leverage).
Even then, you still have the risk of having to cover the expenses if it goes unrented. A few months of sitting empty and you'll wipe out all of your equity in the property.
From your comment:
this is the rent estimate I got out of Zillow
Does Zillow know about the extra HoA fee for the magnificent view? Do they even include the HoA fee in their rent at all, or are you expected to tack it on? It's probably just looking at the square footage and comparing it to other units in the area (which probably varies quite a bit). If your property has idiosyncrasies that should be priced in then you should take that into consideration. I would increase the rent by at least the HoA fee. Then you're in realistic territory (financially anyways).
You could talk with a local property management firm to see what they would recommend you try to rent it for, but they may actually be a bit high to try and get your business (they get a % of the rental income in exchange for a lot of the mundane work).