13238 Gulf Beach Dr
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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 |
|---|---|---|---|
| Apr 16, 2026 | Listed by Nan & Company Properties-Galveston Office | $175,000 | |
| Listed by Nan & Company Properties-Galveston Office | |||
| Mar 30, 2025 | Listed | $224,900 | |
| Listed | |||
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This ocean front lot awaits your vision for new construction. Paradise is found on Treasure Island- a quiet community located a short drive over the Bluewater Highway from Galveston. Nestled at the end of Gulf Beach Drive (the last lot), you will enjoy privacy and unobstructed gulf views with no neighbors on 3 sides. Community amenities include a fishing and crabbing pier on the bay side as well as a community building. This lot is located in Brazoria county and boasts low taxes with minimal HOA fees. Take a drive and fall in love today!
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| Oct 18, 2024 | No longer available | - | |
| No longer available | |||
| Jul 17, 2024 | Relisted | $189,000 | |
| Relisted | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017