23115 Gulf Drive
About This Property
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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 18, 2026 | Listed by Sand N Sea Properties, LLC | $1,200,000 | |
| Listed by Sand N Sea Properties, LLC | |||
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | Listed by Janke & Co Properties | $1,300,000 | |
| Listed by Janke & Co Properties | |||
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| Mar 27, 2024 | No longer available | - | |
| No longer available | |||
| Nov 30, 2023 | Listed by Monarch Real Estate & Ranch | $1,050,000 | |
| Listed by Monarch Real Estate & Ranch | |||
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Welcome to 23115 Gulf Drive, a meticulously updated coastal retreat in the heart of Galveston, Texas.
This 4 bedroom, 3 bathroom home exemplifies coastal living at its finest. The exterior boasts a classic beach house aesthetic, with a charming huge back porch perfect for enjoying Gulf breezes.
The inside of this home features an inviting open-concept living space, adorned with abundant natural light and tasteful finishes. The living area is designed for comfort, featuring a cozy fireplace and seamless flow into the dining and kitchen areas. The kitchen, a focal point of this home, is a chef’s delight. Modern appliances, ample storage, and an oversized island custom made to seat 12, make this space as practical as it is stylish. Situated just a moments walk from the beach, this property has ocean views from multiple rooms. All furnishings convey with sale.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017