3601 Cherry Lane pairs modern architecture with the warmth and ease
of everyday living. Natural light pours through expansive windows,
highlighting clean lines, wide-plank wood floors, custom built-ins,
and a thoughtfully designed kitchen made for gathering.
Sophisticated without feeling precious, every detail has been
considered to create a home that feels as comfortable as it is
beautifully designed.
The connection to the outdoors is effortless, with multiple living
spaces opening to a private, tree-canopied retreat designed as an
extension of the home. Intimate dining and lounge areas, lush
landscaping, a hot tub, and private sauna create spaces to gather,
unwind, and recharge beneath the mature trees.
Set on a lush corner lot in prestigious Tarrytown, 3601 Cherry Lane
offers a rare blend of thoughtful design, privacy, and resort-style
living-all just minutes from Lake Austin, Mozart's Coffee Roasters,
Hula Hut, Lions Municipal Golf Course, Casis Elementary, and
Downtown Austin.
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.
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Double Vanity, Kitchen Island, Recessed Lighting, Soaking Tub, Storage, Walk-In Closet(s), High Speed Internet, Ceiling-High, Interior Steps, Multiple Living Areas, Primary Bedroom on Main
Appliances: Built-In Refrigerator, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Oven, Electric Water Heater, Water Heater, Wine Refrigerator, Built-In Oven(s)
Flooring Type: Carpet, Tile, Wood
Fireplace Features: None
Exterior Details
Square Footage: 2778
Square Footage Source: $0
Green Sustainability
Security Features: Prewired, Security System Owned, Smoke Detector(s)
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