$3,495,000 Last Listed Price
●
House -
Off Market
601 Crestbend Drive
Houston, TX 77042
5 Beds
6 Baths
7,831 Ft²
$4,632,612
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Magnificent gated Rivercrest Estate on approx. 2.9 acres. Completed
construction in 2013 by Jameson
Custom Homes & masterfully updated in 18/19 by current owners; Mediterranean style w/grand entry to
welcome guests w/its splendid iron balustrade adorning the floating curved staircase, high ceilings,
multi-tiered chandelier, stone flooring, inset speakers, sumptuous Primary bdrm on primary level w/backyard
views; Handsome cook's island design Kitchen w/professional quality Thermador appliances; abundant fitted
storage open to Breakfast Rm & Informal Living Rm w/fireplace & backyard views; Game/Flex Rm w/fitted wet
bar & wine storage offers add'l entertaining space; Wood-paneled elevator, Upstairs boast 3 en-suite bdrms
& a sitting area as well as Guest quarters w/a separate entrance. Two 2-car garages; pool w/spa & water
features, covered porch, as well as a covered summer kitchen w/fireplace; Home rivals new construction;
Minutes from City Center & the Beltway "Horses Allowed"
Custom Homes & masterfully updated in 18/19 by current owners; Mediterranean style w/grand entry to
welcome guests w/its splendid iron balustrade adorning the floating curved staircase, high ceilings,
multi-tiered chandelier, stone flooring, inset speakers, sumptuous Primary bdrm on primary level w/backyard
views; Handsome cook's island design Kitchen w/professional quality Thermador appliances; abundant fitted
storage open to Breakfast Rm & Informal Living Rm w/fireplace & backyard views; Game/Flex Rm w/fitted wet
bar & wine storage offers add'l entertaining space; Wood-paneled elevator, Upstairs boast 3 en-suite bdrms
& a sitting area as well as Guest quarters w/a separate entrance. Two 2-car garages; pool w/spa & water
features, covered porch, as well as a covered summer kitchen w/fireplace; Home rivals new construction;
Minutes from City Center & the Beltway "Horses Allowed"
Unit Size
7,831 Ft²
Days on Market
-
Land Size
2.91 acres
Price per sqft
$446
Property Type
House
Property Taxes
$3,286
HOA Dues
$240
Year Built
2011
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #90676617)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 24, 2020 | Sold | ||
| Sold | |||
| May 11, 2020 | Listed by Douglas Elliman Real Estate | $3,495,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
|
Magnificent gated Rivercrest Estate on approx. 2.9 acres. Completed construction in 2013 by Jameson
Custom Homes & masterfully updated in 18/19 by current owners; Mediterranean style w/grand entry to
welcome guests w/its splendid iron balustrade adorning the floating curved staircase, high ceilings,
multi-tiered chandelier, stone flooring, inset speakers, sumptuous Primary bdrm on primary level w/backyard
views; Handsome cook's island design Kitchen w/professional quality Thermador appliances; abundant fitted
storage open to Breakfast Rm & Informal Living Rm w/fireplace & backyard views; Game/Flex Rm w/fitted wet
bar & wine storage offers add'l entertaining space; Wood-paneled elevator, Upstairs boast 3 en-suite bdrms
& a sitting area as well as Guest quarters w/a separate entrance. Two 2-car garages; pool w/spa & water
features, covered porch, as well as a covered summer kitchen w/fireplace; Home rivals new construction;
Minutes from City Center & the Beltway "Horses Allowed"
| |||
Property Highlights
Elevator
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Westside
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Patricia Reed, Douglas Elliman Real Estate
Last Updated: 5 months ago
Data Source: HAR , MLS# 90676617
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Last Updated: 5 months ago
Data Source: HAR , MLS# 90676617
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