3744 PARKE DRIVE
About This Property
Inside, you'll find a warm, light-filled layout that flows easily from the kitchen and dining area to comfortable gathering spaces-perfect for everyday living or hosting friends after a day on the water. Plenty of bedrooms (5) and full baths (5) provide everyone with their own oasis, and the 3rd floor is ideal for a home office with water views of the Bay or a creative hobby room. Relax and recharge in your primary suite enjoying waterviews from all side - the bathroom, bedroom and sitting room.
But the excitement doesn't stop there! The fully finished recreation room with a built-in bar is ready for game nights and celebrations, while the dedicated workout room keeps your fitness routine close to home. There's also an unfinished storage area with convenient walk-out stairs leading up to the backyard-making organization and access easy. Step outside to your large patio off the kitchen, perfect for grilling, entertaining, and soaking up the coastal atmosphere or a cup of coffee watching the sunrise over the water. And don't miss the spacious shed with electricity, providing the perfect workshop or storage space for all your water toys and tools.
Outside your door, you're just moments from the community beaches, pier, and common areas where neighbors walk, kayak, crab, and watch the sunrise over the Bay. Turkey Point Island offers a rare combination of tranquility, natural beauty, and convenience-nestled on the Mayo Peninsula with easy access to Selby Bay Yacht Club, Turkey Point Marina & Yacht Club, Annapolis dining, shopping, and marinas, plus commuter routes to D.C. and Baltimore.
Whether you're moving toward a simpler lifestyle, buying your first place near the water, or securing a weekend getaway, this home is your gateway to the Chesapeake Bay experience so many are seeking right now. Your vivid sunrises and sunsets await your arrival.
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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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $1,125,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| May 9, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Mayo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017