2102 County Road 233
About This Property
The property is equipped with multiple outbuildings, making it ideal for those needing workspace, storage, or room for equipment. Improvements include a 1000 square foot shop, an additional 480 square foot shop, a 620 square foot attached carport with concrete, a 192 square foot canopy, and a 120 square foot storage building. A walk in freezer is also in place, adding unique functionality for hunters, livestock processing, or long term storage.
This property is well suited for buyers looking for a country home with land, shop space, and room to operate. Whether you are searching for a small acreage property, a setup for hunting and processing, or a functional country property near Ballinger and Rowena, this property offers strong usability and versatility.
Conveniently located with easy access to Ballinger, this property provides quiet country living with the improvements already in place to start using immediately.
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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 |
|---|---|---|---|
| May 13, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | Listed by Western Heritage Realty/Invest | $295,000 | |
| Listed by Western Heritage Realty/Invest | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017