427 Faust Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 7, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Listed by Texas United Realty | $1,925,000 | |
| Listed by Texas United Realty | |||
| Oct 28, 2022 | Sold | ||
| Sold | |||
| Sep 16, 2022 | Listed by Compass RE Texas, LLC | $1,799,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
PROPERTY APPRAISED. Buyers couldn't make it work. Unmatched luxury and premium finishes define this custom-built home in coveted Memorial Bend. Designed by Brickmoon, this home showplace boasts French White Oak flooring, a masonry fireplace, soaring 11ft ceilings on the 1st floor, and 10ft on the 2nd. Enjoy the 1st-floor owner's retreat w/ automated black-out drapes, a spa-like bathroom, and a jaw-dropping closet w/island storage. The magazine-worthy kitchen features Benedettini cabinets & drawers, a custom-painted vent hood, high-end Thermador appliances, a walk-through pantry w/ extra fridge drawers & sink prep area & Quartzite counters. 2 study areas on the first floor, one with the option of a 5th bedroom. The 2nd floor has 3 bedrooms with ensuite baths, a wrapping room, a large game room with glass pocket doors, and a beverage area. Exquisite designer style throughout this gorgeous home and a fantastic location in Houston's Memorial Bend neighborhood. No detail left unturned!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Westside
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,500 /mo
- 4 Beds
- 2 Baths
- 2,251 ft²
$3,395 /mo
- 2 Beds
- 2 Baths
- 1,357 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017