3848 BLUETHREAD WAY
About This Property
As you enter through the 6'8" full lite glass front door, you're greeted by the bright, airy layout that defines Florida living. The stunning kitchen is a chef's paradise, featuring upgraded 42" Shaker cabinets, gorgeous quartz countertops, and a 27 cuft stainless steel side-by-side refrigerator. The open design flows effortlessly into the inviting great room, perfect for entertaining or family gatherings, with large windows that let in natural light and create a warm, welcoming space.
The 1st-floor primary suite provides a tranquil retreat, complete with an en-suite bathroom designed for relaxation. Enjoy features like dual vanities, a large walk-in tile shower with an enclosure, and a primary bath door for added privacy, creating a spa-like experience right at home. Ceramic flooring throughout the main living areas and bedrooms ensures a sleek, modern look.
Upstairs, a spacious loft provides additional living space, perfect for a home office, playroom, or lounge area. Three additional bedrooms offer ample room for family or guests. The stairway features an open wood handrail, adding a touch of elegance. Throughout the home, you'll find horizontal cordless blinds for enhanced privacy and comfort.
This home also offers practical and thoughtful features such as a laundry room with a complete package, a 10x16 patio slab extending your living space outdoors, and a beautiful lawn with sod and an irrigation system to keep everything lush and green. Architectural shingles provide durability and style, while the deluxe interior trim package adds sophistication to every room.
With The Lexington, you'll enjoy modern amenities, a full builder warranty, and a thoughtful design that blends functionality with laid-back luxury. Experience the best of Florida living in this exceptional new residence!
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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 |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Mar 9, 2025 | Price Decreased |
$338,990
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Mar 3, 2025 | Listed by NEW HOME STAR FLORIDA LLC | $343,990 | |
| Listed by NEW HOME STAR FLORIDA LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017