8614 Tyler Street
About This Property
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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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | Listed by BBR Partners | $745,000 | |
| Listed by BBR Partners | |||
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Listed by eXp Realty of California, Inc. | $599,000 | |
| Listed by eXp Realty of California, Inc. | |||
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This 9,500 sq. ft. R2-zoned property presents a fantastic investment opportunity and will be sold as a short sale, pending bank approval. The spacious 3-bedroom, 2-bathroom home features an updated kitchen, bathrooms, paid solar and a pool, providing excellent potential for future flip. The property needs some TLC, but with zoning flexibility (R2), there’s room to develop multi-family units for added value.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017