3932 BLUETHREAD WAY
About This Property
Located in the exclusive Lake Deer Estates community, The Lexington is a beautiful two-story home that blends modern comfort with everyday functionality. Set on a corner lot, the community features sidewalk-lined streets, cul-de-sacs with serene nature views, and an overall sense of tranquility. With striking hardiplank accents, architectural shingles, and lush landscaping with irrigation, this home delivers exceptional curb appeal year-round.
Step through the foyer entrance into a bright, open layout where the spacious kitchen serves as the heart of the home. The kitchen boasts a large island, granite countertops, a full line of stainless steel appliances including a side-by-side refrigerator, and a walk-in pantry, flowing seamlessly into the living and dining areas. Just off the great room, sliding patio doors lead to a screened-in lanai, perfect for enjoying Florida's indoor-outdoor lifestyle.
The first-floor primary suite offers a private retreat with a spa-inspired en-suite bath featuring dual vanities, a large walk-in shower, and a primary shower enclosure. Upstairs, a sleek handrail adds elegance to the staircase and upper level, where a loft greets you at the top of the stairs. Three additional spacious bedrooms provide flexibility for guests, family, or a home office. These bedrooms share a secondary bath with a tile shower/tub combo and dual sinks, offering convenience and style.
Convenience is built in with a laundry room complete with washer, dryer, and wall cabinets, and cordless blinds throughout for added privacy and comfort. Modern Smart Home features, including keyless entry and DEAKO switches, enhance security, convenience, and energy efficiency.
Backed by a full builder warranty, The Lexington combines quality craftsmanship with thoughtful design. With its effortless indoor-outdoor flow and stylish finishes, this home is ready to elevate your lifestyle-schedule your tour today!
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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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | Listed by NEW HOME STAR FLORIDA LLC | $344,990 | |
| Listed by NEW HOME STAR FLORIDA LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017