3840 BLUETHREAD WAY
About This Property
The kitchen is both stylish and functional, boasting quartz countertops, a striking tile backsplash, a versatile island, ample pantry space, and a full suite of stainless steel appliances, including an ENERGY STAR® certified side-by-side refrigerator for energy efficiency and everyday convenience. The private primary suite at the back of the home offers a spacious walk-in closet and a beautifully appointed bathroom with a tile shower. Two additional bedrooms and a shared bath provide flexible space for family, guests, or a home office.
Conveniently located just off the extended garage, the mudroom includes a laundry area with washer and dryer, complemented by wall cabinets for added storage and organization.
This home is equipped with a full Smart Home Package, including a Ring Video Doorbell, Smart Thermostat, Keyless Entry Smart Door Lock, Deako Switches, and cordless blinds, giving you seamless control, comfort, and security. Architectural shingles ensure long-lasting durability, and a full builder warranty offers peace of mind. Outside, thoughtfully designed landscaping and a front irrigation system enhance the home's curb appeal.
Lake Deer Estates offers an amenity-rich lifestyle with sidewalk-lined streets, a pool, cabana, playground, dog park, and easy, walkable access to Poinciana Community Park with sports courts, fields, and additional play areas. Here, modern upgrades, smart design, and vibrant community living come together effortlessly.
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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 |
|---|---|---|---|
| Apr 8, 2026 | Sold | ||
| Sold | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Dec 19, 2025 | Price Decreased |
$309,990
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Dec 4, 2025 | Listed by NEW HOME STAR FLORIDA LLC | $314,990 | |
| Listed by NEW HOME STAR FLORIDA LLC | |||
Property Highlights
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About Poinciana Office and Industrial Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017