6006 Mountainclimb DR
About This Property
Upon entering, you're greeted by a foyer and formal living spaces that lead to a spacious family room featuring a cozy fireplace and expansive windows seamlessly connecting the indoors with the park-like backyard. The open kitchen, designed for both functionality and aesthetics, showcases granite countertops, stainless steel appliances, updated cabinetry, and a breakfast nook complemented by a vintage bar-the perfect setup for casual dining and entertaining guests.
The backyard is a highlight, offering a retreat-like atmosphere with a recently installed TREX deck, a tiered lot that adds visual interest, a basketball court for recreation, a firepit for gatherings, multiple seating areas, and serene wooded views.
Inside, the primary suite is generously appointed with a full bath featuring a walk-in shower, double vanity, and a spacious walk-in closet. Two additional spacious bedrooms share a beautifully updated bathroom with a dual vanity. In addition to the three bedrooms, the home offers a flex space that can be used as an office, additional living space and/ or fourth bedroom. Updates throughout the home include dual pane windows, updated lighting and fresh paint.
This residence stands out offering charm, modern comfort, and exceptional outdoor living in one of Austin's most sought-after neighborhoods.
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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 |
|---|---|---|---|
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Price Decreased |
$969,500
↓ $30K
(3%) | |
| Price Decreased | |||
| Jul 3, 2024 | Relisted | $999,500 | |
| Relisted | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Listed by Gottesman Residential R.E. | $999,500 | |
| Listed by Gottesman Residential R.E. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017