11705 Cherisse DR
About This Property
The oversized kitchen boasts abundant countertop space, a generous center island, and ample cabinetry, all centered around sleek black appliances-including a gas cooktop, built-in oven, microwave, and dishwasher. It flows seamlessly into the dining and living areas, making it ideal for everyday living and entertaining.
Tucked away at the back of the home, the owner's suite offers privacy and comfort with an ensuite complete with a soaking tub, walk-in shower, and spacious walk-in closet.
Step outside to your elevated back deck overlooking the backyard-perfect for morning coffee or unwinding in the evening.
Though you'll feel worlds away, you're just 20 minutes to Downtown Austin and less than 10 minutes to H-E-B, Starbucks, Torchy's, Tacodeli, Alamo Drafthouse, and more. Zoned to some of the top-rated schools in Austin ISD.
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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 |
|---|---|---|---|
| Dec 1, 2025 | No longer available | - | |
| No longer available | |||
| Nov 30, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Price Decreased |
$659,000
↓ $6K
(0.9%) | |
| Price Decreased | |||
| Jun 30, 2025 | Price Decreased |
$665,000
↓ $4K
(0.6%) | |
| Price Decreased | |||
| Jun 13, 2025 | Price Decreased |
$669,000
↓ $6K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017