Cannondale r300

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I am looking to buy what would be my first road bike.I was looking at Craigslist and saw the following ad:

'I'm selling my roadbike to buy another one. It is a cannondale r300 and has a mix of mostly shimano ultegra components and tiagra shifters. It has an aluminum frame and a carbon fork. It has mavic wheels with shimano hubs. There is one small ding in the top tube but has absolutely no effect on performance. I just put a new Selle Italia saddle on it. It is in excellent condition and needs nothing. Size is 57cm but measures 56.5. I am 5-10 and it fits me perfectly. I am slightly negotiable on the price but please no low ball offers. I am asking $325 for the bike which is very reasonable. pedals are not included'.

The seller says its a 2000 or 2001 model, although I cant find an r300 from that year in bikepedia. What I find is r300 triple from 2000. I am 5-9, is this a good height for me? May I get comments on the bike and its price?

I appreciate your help, and thanks a lot for reading this!!

the link, if anyone wants to see, is:

cannondale r300 mountain bike

-Soham.
 
At 5'9", that frame is probably too big for you. Not to say you couldn't ride it, but if I were you I'd be looking in the 54cm range.
 

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