5216 Three Bars Lane
About This Property
The kitchen flows right into a butler's pantry with its own sink, perfect for keeping things tucked away. There's a mudroom for coming and going, a large 2-car garage and a massive laundry/utility room. Smoky Hills subdivision is one of the most sought after subdivision in the county and homes in this subdivision don't last long so schedule your showing 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 |
|---|---|---|---|
| Oct 19, 2026 | Sold | ||
| Sold | |||
| Oct 4, 2026 | In contract | - | |
| In contract | |||
| Oct 4, 2026 | Price Decreased |
$629,900
↓ $20K
(3.1%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by Blevins Grp, Realty Executives | $649,900 | |
| Listed by Blevins Grp, Realty Executives | |||
| Jan 22, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017