4554 Preservation Circle
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 |
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| Aug 27, 2025 | Sold | ||
| Sold | |||
| Aug 9, 2025 | In contract | - | |
| In contract | |||
| Jun 14, 2025 | Listed by Real Broker LLC | $1,250,000 | |
| Listed by Real Broker LLC | |||
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Experience refined estate living in this one-of-a-kind custom home in the gated Reserves of Lake Washington. Set on ¾ of an acre with a stunning lake view, this 6-bedroom, 6-bath masterpiece offers over 4,000 sq ft of luxury living. Entertain in style with a resort-inspired pool, outdoor kitchen, and a state-of-the-art home theater secluded upstairs with its own half bath. The chef's kitchen features soapstone counters, premium appliances, and dual pantries. Outside offers impact window/storm panel combo protection, detached high-bay garage, paver fire pit area, fenced in dog run, long paver driveway for plenty of guest parking. Enjoy luxury living that accommodates every stage of life with featured wide-entry access, spacious walkways and reachable appliances that give the added benefit of wheelchair-friendly accessibility, ideal for multi-generational or mobility-conscious living. This residence blends elegance and functionality—perfect for those who demand the best!
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| Dec 17, 2019 | Sold | ||
| Sold | |||
| Oct 25, 2019 | Listed by Portfolio Homes | $899,000 | |
| Listed by Portfolio Homes | |||
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Back and BETTER THAN EVER! This fully custom 4000+sf estate home is situated perfectly overlooking the largest body of water in all of The Reserves in Lake Washington. It couldn't possibly get better than enjoying your favorite beverage by your custom pool as the sun rises to kiss the surface of the lake in your back yard. But maybe it could if you took the party upstairs to your pro-quality full theater room - equipped with all of the essentials for a top-notch movie experience. When you are done with that, come back downstairs and eat at the expansive kitchen bar on leather surfaced soap-stone counters. Ready to turn in for the night? Retreat to your master and at the push of a button, your shades will draw down and you can finally get some rest in your peaceful estate ''in the woods.'' But wait! Have friends and family staying? No worries! This home features 5 total bedrooms (and 4 full and 2 half baths)!! There is room to spare! Custom full-sized built-in bunk beds built for adults will always ensure that your guests feel forever welcome. No expense was sparred in making this a true dream home and only by circumstance is this home even available again. The list of what makes this home is so long it wouldn't fit in this narrative. Schedule a showing and lets talk about all the other "good stuff." Come call 4554 Preservation your new home and come see what living is all about out here!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017