5328 LEXINGTON DRIVE
About This Property
Inside, you'll find tile flooring throughout the main living areas and laminate wood flooring in all bedrooms. The flexible layout includes a formal living and dining room, an open kitchen with island seating and a breakfast nook, and a spacious family room perfect for everyday living and entertaining. Three sets of sliding glass doors fill the home with natural light and create a seamless connection to the outdoor living spaces.
Step outside to enjoy a screened lanai and extended open patio overlooking HOA-owned conservation land, providing peaceful views of birds and local wildlife with no rear neighbors. The spacious backyard offers plenty of room to add a pool while still leaving space to relax, play, or entertain.
Residents of Lexington enjoy access to a community pool, splash pad, playground, basketball court, pickleball courts, scenic walking trails, and neighborhood ponds. Conveniently located near US-301, I-75, Creekside Commons, shopping, dining, and top commuter routes, this home offers the perfect combination of affordability, convenience, and Florida living.
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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 |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$385,000
↓ $12K
(3%) | |
| Price Decreased | |||
| Jun 19, 2026 | Listed by COLDWELL BANKER REALTY | $397,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Sep 28, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017