231 Muerdago Road
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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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| May 2, 2026 | In contract | - | |
| In contract | |||
| Apr 22, 2026 | Listed by Snyder Sutton Real Estate | $1,700,000 | |
| Listed by Snyder Sutton Real Estate | |||
| Jan 30, 2025 | Listed | $2,079,000 | |
| Listed | |||
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Tucked away in the heart of Topanga, this serene retreat blends contemporary design with the beauty of its natural surroundings. Thoughtfully updated with meticulous attention to detail, move-in ready, the home is offered turn-key and can be sold furnished. The flexible floor plan features three bedrooms and two bathrooms, offering a seamless blend of comfort and versatility. The open-concept kitchen, equipped with premium Thermador appliances, flows into a bright living area with floor-to-ceiling glass doors that open to expansive decks with peaceful canyon views. A stone fireplace adds warmth, creating a welcoming space to gather. The lower level includes two bedrooms and a full bath one of the bedrooms is currently set up as a generous family room. The downstairs can easily be converted to a guest apartment with its own living area and kitchenette, ideal for guests, extended family, or a home office. Outdoor pathways lead to a private creekside nook, while a lower patio, framed by fruit trees, offers additional space for relaxation or entertaining. Previously configured as a duplex, the property has a strong short-term rental history, offering potential income opportunities. A garage, ample storage, and proximity to scenic trails complete the picture of this inviting Topanga home. A rare find in a coveted location - move in and make it your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017