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3900 BLUETHREAD WAY
About This Property
This beautifully crafted home features a smart, space-optimized layout that makes the most of every square foot. The inviting front porch leads into a mudroom with washer and dryer, offering direct access to the roomy 2-car garage and flowing naturally into the expansive kitchen-the true centerpiece of the home. Here, you'll find a full line of stainless steel appliances including an ESTAR side-by-side refrigerator, sleek stone countertops, a spacious island, and abundant pantry storage, along with a convenient pass-through to the great room for easy hosting.
At the back of the home, the sunlit great room boasts a large sliding glass door opening to a patio with tranquil retention pond views-an ideal space for quiet mornings or lively gatherings.
The private primary suite offers a generous walk-in closet and a luxurious bath complete with a tiled shower and enclosure. Two additional bedrooms provide ample space and closet storage, paired with a second full bath for added convenience.
Notable extras include landscaping with front irrigation, smart home features such as a Ring Video Doorbell, Smart Thermostat, Keyless Entry Smart Door Lock, and Deako Switches, plus the assurance of a full builder warranty.
Combining thoughtful design, Sidewalk-Lined Cul-de-Sac Living, modern features, and a serene setting, this Lake Deer Estates home delivers comfort, style, and peace of mind in one inviting package.
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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 |
|---|---|---|---|
| May 18, 2026 | Price Decreased |
$281,990
↓ $2K
(0.7%) | |
| Price Decreased | |||
| May 1, 2026 | Price Increased |
$283,990
↑ $2K
(0.7%) | |
| Price Increased | |||
| Jan 24, 2026 | Price Increased |
$281,990
↑ $2K
(0.7%) | |
| Price Increased | |||
| Aug 15, 2025 | Listed by NEW HOME STAR FLORIDA LLC | $279,990 | |
| Listed by NEW HOME STAR FLORIDA LLC | |||
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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