5601 Standing Rock DR
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 |
|---|---|---|---|
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Listed by Keller Williams Realty | $1,799,900 | |
| Listed by Keller Williams Realty | |||
| Feb 2, 2024 | No longer available | - | |
| No longer available | |||
| Jun 17, 2023 | Listed by David Brodsky Properties | $1,799,000 | |
| Listed by David Brodsky Properties | |||
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*Freshly painted kitchen cabinets 1/2024*.
Welcome to 5601 Standing Rock Drive! This 4660 square foot home sits along a one-of-a-kind, secluded lot boasts spectacular views and is located in Austin’s highly coveted Long Canyon neighborhood. Situated on a 1+ acre lot that backs to over 200 feet of the east arm of Bull Creek and more than 1000 acres of preserve (bcc preserve), this property offers a ton of privacy and access to the natural beauty of Austin. This nature preserve is completely private to boot. The homesite is located towards the back of the subdivision on a cul-de-sac with minimal traffic - it is one of the best positioned lots in the neighborhood!
The backyard includes mature trees and great views of the creek + canyon at the rear of the property. Enjoy the beautifully updated outdoor pool, expansive deck, running creek, natural preserve, and wide open space in the backyard. The front yard provides a long, stately front drive, side-car garage, private cul-de-sac, and huge green space. This lot is truly one-of-a-kind. Inside you will find windows galore overlooking the preserve. The layout includes two bedrooms down, two dining areas, a family room, and a study/library/formal living off the foyer, a media/optional 5th bedroom upstairs, a massive game room, and two additional bedrooms. Enjoy a primary bedroom that includes a gas fireplace, private entrance to the back patio, and french doors. Zoned for Vandegrift High School and within 20 minutes of 3 hospitals. A must see!
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| Dec 2, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017