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Map
4240 Ponds Drive
About This Property
Tucked at the rear for privacy, the primary suite features a walk-in closet and a private bathroom oasis. Along a wide, roomy hallway, you'll find two large secondary bedrooms, a full bathroom, and a walk-through laundry room. Additional highlights include a 2-car garage with workshop space, hurricane shutters, zip system construction, landscaping, and a full builder warranty. This home comes with a built-in Smart Home Package, including a Ring Video Doorbell, Smart Thermostat, Keyless Entry Smart Door Lock, and Deako switches, providing comfort, security, and convenience at your fingertips. Located in Port St. John with no HOA or CDD, the property is perfect for boat or RV storage. Enjoy sunsets at nearby beaches, just 20 minutes from Cocoa Beach and 14 miles from the Kennedy Space Center.
Delivering all the amenities of a larger residence without the price, The Melody is the ideal choice for those seeking functionality, modern features, and effortless Florida living.
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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 |
|---|---|---|---|
| Aug 27, 2026 | Sold | ||
| Sold | |||
| Feb 13, 2026 | In contract | - | |
| In contract | |||
| Jan 17, 2026 | Price Increased |
$394,900
↑ $5K
(1.3%) | |
| Price Increased | |||
| Jan 7, 2026 | Listed by New Home Star Florida LLC | $389,900 | |
| Listed by New Home Star Florida LLC | |||
| Nov 21, 2025 | Price Increased |
$389,900
↑ $40K
(11.4%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017