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6824 Tyrone
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 18, 2026 | Price Decreased |
$999,000
↓ $50K
(4.8%) | |
| Price Decreased | |||
| Oct 6, 2026 | Price Decreased |
$1,049,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
| Aug 21, 2026 | Listed by Compass | $1,099,000 | |
| Listed by Compass | |||
| Jul 11, 2025 | Listed | $899,000 | |
| Listed | |||
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Investor Special! Fixer with Huge Upside – Cash Buyers Only! Rare opportunity on a massive 12,000+ sq ft lot with incredible value-add potential. This unique property features three separate homes, two detached garages, and an additional room attached to one of the garages (permit status unknown).
The main house is a two-story, 4-bed, 1.5-bath residence with 1,641 sq ft, originally built in 1936. Two detached guest units—one approx. 619 sq ft and the other approx. 469 sq ft—each offer 1 bed and 1 bath (permit status unknown). All three units have individual gas and electric meters. The expansive lot includes two driveways and offers outstanding potential to expand, add ADUs, or redevelop—buyer to verify with the city. Assessor records show as single-family. Property is a fixer and sold as-is. Exterior drive-by only—no interior showings at this time. Interested parties should email both listing agents with their contact information. A designated showing window will be provided. Buyers are advised to independently verify permit records, zoning regulations, and potential for future development with the city prior to acceptance. Incredible potential—don’t miss this rare opportunity!
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| Mar 25, 2020 | No longer available | - | |
| No longer available | |||
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About South Valley
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$2,900 /mo
- 2 Beds
- 2 Baths
- 899 ft²
$8,900 /mo
- 3 Beds
- 2 Baths
- 2,379 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017