1010 HOLLYWOOD AVENUE
About This Property
The lower level includes a private in-law suite with a perfect room for a bedroom, bathroom, and walk-in cedar closet, ideal for extended family, guests, or potential rental income. A recreation room provides additional living space with flexibility for a media room, gym, or play area. To make this home truly move-in ready, the seller is offering brand-new carpet to be installed in both the basement and bedroom levels-and the buyer gets to choose from a curated selection of samples during their tour. The home also features a state-of-the-art laundry area with a super-efficient washer/dryer combo that saves a tremendous amount on water bills. The washer is Wi-Fi enabled and can be controlled via an app, making laundry smart and simple. Step outside to enjoy the expansive, fully fenced backyard-perfect for entertaining, relaxing, or gardening. The sprinkler system is also app-controlled and fully integrated with The Weather Channel, so it automatically adjusts for rainy days, conserving water while keeping your lawn lush. A patio, level lawn, garden beds, and a storage shed complete this ideal outdoor setup. Additional highlights include a two-car attached garage, a large driveway, fresh paint, updated lighting, and a location that offers easy access to parks, shopping, restaurants, and the Metro. This home also features upgraded attic insulation to R-60, maximizing energy efficiency and year-round comfort, along with a convenient electric vehicle charger installed in the garage, perfect for modern, eco-conscious livingWith a rare combination of space, innovative technology, energy efficiency, and thoughtful upgrades, 1010 Hollywood Avenue isn't just a home-it's an investment in comfort, sustainability, and lifestyle. Don't miss the opportunity to make it yours!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017