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728 Crestbend 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 21, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 21, 2026 | Listed by Nan & Company Properties - Corporate Office (Heights) | $4,360,000 | |
| Listed by Nan & Company Properties - Corporate Office (Heights) | |||
| Jun 10, 2026 | Listed by Nan & Company Properties - Corporate Office (Heights) | $4,590,000 | |
| Listed by Nan & Company Properties - Corporate Office (Heights) | |||
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Known throughout Houston as the iconic "Castle House," this extraordinary estate was designed by renowned residential architect Robert Dame and offers a rare blend of timeless European architecture, privacy, and luxury. Nestled on a secluded, tree-lined acreage homesite in prestigious Rivercrest Estates, the residence showcases striking stone and brick construction, soaring rooflines, grand-scale living spaces, intricate millwork, and exceptional craftsmanship throughout. Designed for both elegant entertaining and everyday living, the expansive floorplan features generous living areas, private bedroom retreats, and seamless indoor-outdoor connections overlooking picturesque grounds. Resort-style amenities include a sparkling pool with waterslide, a sports court, and expansive acreage offering endless possibilities for recreation or future enhancements. Mature trees and park-like surroundings create a private sanctuary unlike anything else in Houston.
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| Nov 19, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 15, 2025 | Relisted | $4,680,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017