4464 Preservation Circle
About This Property
Inside, you'll find a chef's dream kitchen featuring a commercial-grade gas cooktop and high-end finishes, ideal for entertaining and everyday living. The open-concept layout flows effortlessly to the gorgeous screened-in pool and lanai, where you'll enjoy serene lake views.
This home also boasts a massive 4-car garage-fully insulated and air-conditioned-perfect for car enthusiasts or extra storage needs. Additional premium upgrades include a brand-new A/C system with warranty, impact-resistant hurricane windows and a whole-home generator for ultimate peace of mind.
Don't miss this rare opportunity to own in one of Melbourne's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Price Decreased |
$1,224,900
↓ $24K
(1.9%) | |
| Price Decreased | |||
| Jul 24, 2025 | Price Decreased |
$1,249,000
↓ $26K
(2%) | |
| Price Decreased | |||
| Jun 12, 2025 | Listed by EXP Realty, LLC | $1,275,000 | |
| Listed by EXP Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017