3568 LAKE CIRCLE DR
About This Property
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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 17, 2025 | Sold | ||
| Sold | |||
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Jul 13, 2025 | Listed by Benchmark Properties | $799,000 | |
| Listed by Benchmark Properties | |||
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Tucked into the heart of Fallbrook’s rolling hills, 3568 Lake Circle Drive is a home where stories come alive, blending modern luxury with the timeless allure of Southern California. This is more than a house—it’s a canvas for your next chapter. Step inside to discover a newly remodeled kitchen that’s as stunning as it is practical. With sparkling countertops, top-of-the-line stainless-steel appliances, and custom cabinetry, it’s a chef’s paradise, perfect for whipping up culinary masterpieces or hosting unforgettable gatherings. The open, airy space invites connection, making every meal a moment to savor. Comfort reigns supreme with an upgraded HVAC system ensuring year-round perfection, complemented by a whisper-quiet whole-house fan that fills the home with cool, fresh breezes. It’s the kind of place where you instantly feel at home, no matter the season. The owner’s suite is a true retreat, oversized and designed for indulgence. Its custom-remodeled bathroom is a spa-like haven, boasting elegant finishes and thoughtful details that elevate your daily routine to pure luxury. It’s your private escape, where relaxation meets sophistication. Outside, the magic continues. A custom putting green invites playful competition, perfect for honing your skills while surrounded by Fallbrook’s scenic beauty. The spacious deck, shaded by a sleek patio cover, sets the stage for morning coffees, lively barbecues, or quiet evenings under a canopy of stars. 3568 Lake Circle Drive isn’t just a home—it’s a lifestyle. It’s where memories are made, where every day feels like a vacation, and where your story finds its perfect setting. Come experience it. Love it. Live it. Your Fallbrook masterpiece is calling.
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| Sep 29, 2015 | Sold | ||
| Sold | |||
| Jul 8, 2015 | Listed by Castle Capital | $464,900 | |
| Listed by Castle Capital | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017