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2496 Gilmore
About This Property
Designed for relaxed luxury, the residence provides a modern space to gather, unwind, and enjoy the sights and sounds of the shoreline. Open living areas and outdoor spaces invite you to take in sunrises, sunsets, and the ever-changing Gulf backdrop, creating an ideal environment for both everyday enjoyment and entertaining.
The property also offers an established rental history and has been well maintained by the current owners, providing a turn-key opportunity for new owners to enjoy the home with confidence. Located in one of Crystal Beach's desirable areas, this home delivers a rare combination of views, setting, and coastal lifestyle appeal.
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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 |
|---|---|---|---|
| Feb 7, 2026 | Listed by eXp Realty LLC | $699,000 | |
| Listed by eXp Realty LLC | |||
| Jun 24, 2025 | Listed | $729,600 | |
| Listed | |||
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*Wake up to 180°* Gulf views from this beautifully renovated 4-3 oceanfront retreat. ON the water and seconds to beach with direct beach access, convenient road access, and two buyout lots next to the home, this property offers privacy and UNOBSTRUCTED VIEWS—with no HOA restrictions. Built in 2014 to newer codes, this home features an open-concept living area, an expansive covered deck and a kitchen with breathtaking ocean views. Kitchen appliances were updated in 2025, and other updates include a 2 year old AC, washer/dryer-making this freshly painted home truly move-in ready.Be it your own beach escape or a high-performing short-term rental investment, this property checks all the boxes. Established STR with excellent income history. Conveniently located near Crystal Beach shopping, and dining-this is coastal living at its finest. You are minutes from the BIG STORE, (literally the BIGGEST store in the area). Experience the best of beachfront living—schedule your private tour today!
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| Feb 23, 2025 | No longer available | - | |
| No longer available | |||
| Jan 7, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 22, 2024 | Listed by eXp Realty LLC | $799,000 | |
| Listed by eXp Realty LLC | |||
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Located on Bolivar Peninsula, this oceanfront home offers more than just stunning views. The area is known for its beautiful, quiet beaches, perfect for peaceful strolls and family fun. The peninsula also boasts a variety of local amenities, including charming shops, fresh seafood restaurants, and convenient access to the ferry for quick trips to Galveston. Outdoor enthusiasts will love the nearby fishing spots, birdwatching areas, and opportunities for water sports. With 4 bedrooms and 3 baths, this spacious residence is perfect for relaxation and entertaining. Boasting a strong rental history with a 70% occupancy rate in 2023 and annual income exceeding $100k, this property presents an excellent investment opportunity. The well-appointed kitchen and expansive covered deck both offer stunning ocean views, creating the perfect setting for luxury living. Recent updates, including a new AC, fresh paint, and a washer/dryer, provide modern comfort and convenience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017