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3920 Turkey Point Drive
About This Property
A wrap-around porch adds old Florida southern charm, welcoming you into a home filled with character. The private formal dining room, complete with a butler's pantry, complements the spacious eat-in kitchen, making it perfect for gatherings. Upstairs, the large private primary suite features an oversized en-suite bath, and dual large walk in closets.
Two additional bedrooms with walk in closets have ensuite half baths and a shared shower, see floorplan - like an extra large Jack-n-Jill. Upstairs, a loft with a screened balcony provides a peaceful retreat, and a huge bonus room with a private entrance adds endless possibilities. This property provides abundant storage, ensure space for everything.
The lower-level bedroom offers a possible mother-in-law suite or flexible living space.
Outdoor living is a dream with a private screened pool, expansive deck, and entertaining area, all set on over an acre of wooded land for ultimate privacy. The oversized three-car garage and BRAND NEW ROOF add to the home's appeal.
Enjoy Windover Farm's exceptional amenities, including a pavilion, basketball and tennis courts, playground, baseball field, and a private lake with a dock. With A+ schools, the beach, dining and shopping just minutes away, this is a rare opportunity to own a stunning home in one of Melbourne's most desirable communities.
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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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Feb 26, 2025 | In contract | - | |
| In contract | |||
| Feb 11, 2025 | Listed by Ellingson Properties | $920,000 | |
| Listed by Ellingson Properties | |||
| Jul 29, 2013 | Sold | ||
| Sold | |||
| Apr 5, 2013 | Listed by Ellingson Properties | $434,900 | |
| Listed by Ellingson Properties | |||
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About Windover Farms
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017