4119 Gum Drive
About This Property
All city services available! This is a great location for ease of access to fishing and coastal living!
*** Elevation certificate for a BFE of 16 feet with the adjacent ground being 9.5ft. The City of Dickinson allows fill to be added with mitigation, ie boat slip or pond.
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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 31, 2023 | Sold | ||
| Sold | |||
| Jun 7, 2023 | Listed by RE/MAX Coastal | $85,000 | |
| Listed by RE/MAX Coastal | |||
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Rare opportunity to build your dream Bayou Front Home on this cleared and ready to build Gum Bayou location! Easy access to Dickinson Bayou and just a 10 min boat ride to Galveston Bay! Boat accessible!
All city services available! This is a great location for ease of access to fishing and coastal living!
*** Elevation certificate for a BFE of 16 feet with the adjacent ground being 9.5ft. The City of Dickinson allows fill to be added with mitigation, ie boat slip or pond.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017