5001 Rob Scott ST #2
About This Property
The manager has listed the unit size as 1067 square feet.
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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 |
|---|---|---|---|
| May 10, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Price Decreased |
$519,900
↓ $9K
(1.7%) | |
| Price Decreased | |||
| Apr 4, 2025 | Price Decreased |
$529,000
↓ $20K
(3.6%) | |
| Price Decreased | |||
| Jan 3, 2025 | Listed | $549,000 | |
| Listed | |||
| |||
|
* INTEREST RATE INCENTIVE * 5.625% - Provided by Town Lake Lending * See Listing Documents for more information *AVAILABLE FULLY FURNISHED. No STR Restrictions. Stunning like-new 2/2 condo in prime location! This modern and meticulously designed 2-bedroom, 2-bath condo, built in 2023, located just minutes from the vibrant neighborhoods of East Austin, Downtown, and Mueller. With its sleek, contemporary style and open-concept living spaces, this condo offers the perfect blend of comfort and luxury. The main floor features beautiful concrete flooring and an abundance of natural light that flows seamlessly through the open living, dining, and kitchen areas. The chef-inspired kitchen boasts a large center island with breakfast bar, stunning quartz countertops, ample cabinet storage, and high-end stainless steel appliances, including a gas range with double ovens — perfect for both everyday meals and entertaining. On the main floor, you’ll also find a spacious secondary bedroom, plus a full bathroom with a walk-in shower, ideal for guests or home office use. Upstairs, the private primary suite offers a spacious retreat with a large walk-in closet and a luxurious en-suite bath featuring dual vanities with quartz countertops and a walk-in shower. Step outside onto the second-floor terrace, perfect for relaxing or enjoying your morning coffee. Located in an unbeatable spot, this condo is minutes away from East Austin’s trendy scene, downtown’s bustling culture, and the Mueller District’s shopping and dining. This is a must-see property for anyone looking to enjoy the best of Austin. Schedule a showing today!
| |||
| Jul 10, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/03/2025
|
2 Bed
|
2 Bath
|
1067 ft²
|
$549,000
2 Bed
2 Bath
1067 ft²
|
$519,900
-5.30%
01/03/2025
|
Joy Smith
Compass RE Texas, LLC
| |
|
04/22/2023
|
3 Bed
|
3.5 Bath
|
2314 ft²
|
$849,000
3 Bed
3.5 Bath
2314 ft²
|
-
-
|
Veronica Montelongo
Keller Williams - Austin SW
| |
|
04/13/2023
|
2 Bed
|
2 Bath
|
1067 ft²
|
$584,000
2 Bed
2 Bath
1067 ft²
|
-
-
|
Veronica Montelongo
Keller Williams - Austin SW
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017