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Map
1251 County Road 2232
About This Property
Outside is where this property truly shines! Enjoy the wide-open space from the expansive covered porch, perfect for relaxing and taking in the quiet country surroundings. The acreage offers plenty of room for animals, recreation, gardening, or simply enjoying the privacy and freedom of rural living. Additional improvements include a detached metal shop with a roll-up door and covered area, plus a separate storage building for tools, equipment, or hobbies. Fenced areas already in place add even more versatility to the property.
Whether you're searching for a full-time residence, small homestead, hobby farm, or peaceful country retreat, this 6-acre property offers space, functionality, and plenty of potential. Come experience country living in Detroit, Texas!
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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 |
|---|---|---|---|
| Oct 16, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Listed by Hygge Homes and Land | $265,000 | |
| Listed by Hygge Homes and Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017