20 Long Creek RD
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 |
|---|---|---|---|
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by Keller Williams Realty | $1,300,000 | |
| Listed by Keller Williams Realty | |||
| Sep 3, 2023 | No longer available | - | |
| No longer available | |||
| Apr 19, 2023 | Listed by Keller Williams Realty International | $1,600,000 | |
| Listed by Keller Williams Realty International | |||
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A one-of-a-kind property with a main house and two guest quarters ideal for multi-generational living or income-producing rentals, tucked among majestic oak trees on 4.11 acres with park-like settings and a wet-weather creek! The 3,107 sqft Victorian-style main house has been meticulously-maintained, and is filled with character and charm! The main house offers two large primary suites (one upstairs and one downstairs), formal dining and breakfast area, large secondary bedrooms, spacious kitchen with center island and an abundance of storage. Other interior features include large windows, built-ins, crown molding, wainscoting, command center off the kitchen, and many storage options throughout the home. The detached dwelling was built in 2003 and consists of an oversized three-car garage; lower level guest quarters (1,028 sqft) with a screened porch, full kitchen, living room, oversized bedroom and ensuite bathroom with a roll-in shower; upper level separate guest quarters (930 sqft) with an oversized living area, kitchenette, bedroom, and full bathroom. This property is ideal for outdoor living, entertaining, and enjoying the beauty of nature and wildlife! Enjoy a glass of wine and watch the deer from the large deck off of the main home. Both city water and well onsite. Feeds to highly-rated Dripping Springs ISD. Low tax rate. Enjoy the stars at night on this peaceful and private hill country estate, while still being just minutes to shopping, dining, wineries, breweries, and entertainment! Easy commute into Austin and ABIA. Square footage includes the main house, lower level detached guest quarters, and upper level detached guest quarters. See agent for floor plan renderings and measurements. Shown by appointment only with 24 hours notice. The manager has listed the unit size as 5165 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017