10818 Fruitland Drive
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%.
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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.
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 |
|---|---|---|---|
| Sep 23, 2025 | Sold | ||
| Sold | |||
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Listed by Luxury Collective | $1,249,000 | |
| Listed by Luxury Collective | |||
| | |||
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**Don’t miss this incredible opportunity to own a truly special home in one of Studio City’s most desirable locations!**
Nestled *south of the boulevard*, just minutes from Universal Studios, Hollywood, and the beloved Studio City Farmers' Market, this charming mid-century modern home blends timeless style with comfort and privacy. You'll also love the unbeatable proximity to local favorites like **Sprouts, Equinox, Erewhon**, and an array of dining and shopping options that make everyday living feel elevated.
A mature ficus hedge surrounds the front of the property, creating a peaceful sense of seclusion, while the gated driveway and detached garage add convenience and charm. Step inside to a light-filled, open-concept living space that offers a warm, minimalist feel and seamless indoor-outdoor flow—perfect for both relaxing and entertaining.
Originally renovated in 2011, the home includes important system upgrades such as copper plumbing, an upgraded electrical panel, a new HVAC system, and a new water heater. More recent updates include fresh interior and exterior paint, new stucco, and beautifully refreshed landscaping. Additional features that add to the home’s appeal are a new washer and dryer, a sleek stainless steel stovetop, an automatic security gate, drip irrigation, new light fixtures, Google security cameras, and French drains with flood prevention around the property.
With its prime location, thoughtful upgrades, and undeniable charm, this home is not only a smart investment—it’s a rare gem you won’t want to miss!
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| Apr 1, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | Listed by Compass | $1,249,000 | |
| Listed by Compass | |||
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About South Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017