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5812 Gorham Glen LN
About This Property
Upon entering, the formal living and dining rooms captivate with their perfect blend of spaciousness and refined design. Across from this welcoming entrance, a dedicated office with elegant French doors connects thoughtfully to the kitchen-creating an ideal balance between private workspace and accessibility to the home's vibrant center.
The kitchen stands as the true heart of this exceptional home, showcasing a striking oversized island, plentiful work surfaces, and well-designed cabinetry. Premium stainless appliances harmonize with the generous breakfast bar, offering delightful views of both the comfortable family room and charming breakfast area which features an elegant dry bar with a large built-in wine rack, perfect for entertaining.
The magnificent primary suite offers ample space for a sitting, wellness, or office area. A wall of windows frames views of the serene backyard, while the luxurious ensuite bathroom showcases a chic soaking tub, spacious walk-in shower, double vanity, and a generously sized walk-in closet.
Ascending to the second level reveals a substantial family room, surrounded by well-appointed secondary beds that provide comfort and privacy for family members or guests.
Step outside onto the covered back patio to discover an outdoor paradise featuring a sparkling pool, extended deck, and lush lawn. Towering trees line the back fence, creating an atmosphere of absolute privacy and natural beauty.
Location completes this exceptional offering, with Kiker Elementary within walking distance and South Austin's finest amenities just minutes away.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 14, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Listed by Ashley Austin Homes | $1,145,000 | |
| Listed by Ashley Austin Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017