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12111 Shetland Chase
About This Property
A circle driveway welcomes you to this white limestone home with a classic metal roof, offering ample guest parking and curb appeal. Meticulously updated, features 4 bedrooms, 3 full baths, and 2,613 square feet. Natural wood-toned luxury vinyl plank flooring flows seamlessly throughout, complementing the clean, modern design. Family room has vaulted ceilings and a limestone fireplace wall which makes a perfect gathering place. With walls of windows and skylights to invite natural light into all rooms.
A bright, all-new kitchen with new cabinetry, granite countertops, and white tile backsplash are open to a sunny breakfast nook.
The primary suite is a tranquil retreat, overlooking the backyard and gardens. The newly remodeled bathroom with a deep soaking tub, large walk-in shower with floor-to-ceiling herringbone tile, double marble vanities, and walk-in closet. Over $122,000 in renovations including new interior/exterior doors, baseboards, trim, fixtures and windows. Newer HVAC units and H20 heaters. Three baths have been remodeled with high-end finishes, offering a luxurious experience. Guest Cottage (508 sq ft): Ideal home office, studio, or rental income, includes vaulted ceilings, wood-style flooring, a living/sleeping area, kitchenette, and a beautifully updated full bath. Bonus Features: Detached 763 sq ft structure currently used as a storage/workshop area with an added chicken coop. raised gardens and mature landscaping create a private, serene setting. This is a rare find-offering modern comfort, rustic elegance, and flexibility-all just a short drive to Austin's tech corridor and top destinations.
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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 9, 2025 | In contract | - | |
| In contract | |||
| Aug 5, 2025 | Listed by Coldwell Banker Realty | $890,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017