4 Conservation Circus
About This Property
The custom-remodeled 2,600 sq ft home was thoughtfully redesigned in 2003 with Andersen windows and ample closets throughout. The home offers 4-5 bedrooms and 2.5 bathrooms with a flexible floor plan ideal for today's living. A huge covered rocking chair front porch welcomes you home and sets the tone for the warmth and character found throughout.
The spacious first-floor primary suite is a true retreat featuring cathedral ceilings, oversized windows, sliding glass doors overlooking the property, two skylights, a walk-in closet, and a four-piece bath. A central first floor half bath houses stacked laundry appliances and a large stainless sink. The versatile first-floor flex room serves perfectly as a fifth bedroom, office, nursery, or playroom. The large living room offers a cozy wood-burning stove insert, while the stunning kitchen-remodeled in 2023 with newer stainless steel appliances, solid wood cabinets, granite countertops and unique tray ceiling-opens seamlessly to the attached family room/ dining area with a soaring cathedral ceiling with skylights and additional sliding glass doors.
Upstairs, you'll find three generously sized bedrooms and a thoughtfully designed four-piece bathroom with room for everyone.
Step outside and experience the lifestyle this property was built for. The sprawling, fully usable 3 acres feature large existing horse paddocks, two lush grass pastures, all with premium horse-safe Centaur fencing. There is possibility for additional paddocks. Garden enthusiasts will love the fenced raised-bed pea gravel vegetable garden and additional large fenced garden area. Several mature fruit trees, raspberry canes and grape vines bear fruit every year. Ease into the day gazing at the tranquil koi pond with waterfalls. Entertain or unwind on the paver patio beneath the pergola and beside the oversized fire pit.
Additional highlights include a full unfinished basement, large attic, and a detached one-car garage. Rebuilt garage has an enormous loft offering incredible storage, workshop, studio, or future finished space potential. Water and electric available at the horse area at the rear of the property. Back and east side boundaries are fenced. Two sheds offer ample additional storage.
Located in a quiet, horse-friendly neighborhood near riding trails, this unique property combines peaceful country living with unbeatable convenience to shopping, hospitals, major highways and beaches. Short peaceful drive to the North Fork, 30+/- miles to the Hamptons, less than 70 miles NYC. An amazing, spacious property with potential subdivision or ADU opportunities pending proper approvals.
A truly special offering with room to grow, gather, and live the lifestyle you've been dreaming of.
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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 |
|---|---|---|---|
| Sep 4, 2026 | In contract | - | |
| In contract | |||
| Jun 22, 2026 | Listed by H & G Realty New York | $899,990 | |
| Listed by H & G Realty New York | |||
| Jul 10, 1995 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017