3653 Laketree Drive
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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 |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | Listed by Professional Realty Services | $1,300,000 | |
| Listed by Professional Realty Services | |||
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Introducing this Gird Valley Gem—a sprawling single-story custom home built in 2001 by renowned local builder Mike Amos. Nestled in the heart of Fallbrook and within walking distance of the acclaimed Monserate Winery, this 4-bedroom, 3-bathroom residence offers the epitome of Southern California living. Situated on 1.12 acres zoned A70 Agricultural with an 'L' Animal Designator, this property includes a small barn perfect for small animals or a chicken coop, and a charming orchard with dwarf orange, tangelo, apple, and a lemon tree. Additionally, there’s an RV or boat parking pad with a dump station, septic outlet, and electrical vault for future pedestal hookup. The home features fully owned solar panels installed in 2024, covering all electricity usage, and enjoy the convenience of public utilities - no septic or propane. The backyard is an entertainer's dream, boasting a custom-built gazebo with a professional-grade stainless-steel BBQ, snack bar seating, and an impressive outdoor fireplace, featuring an imported copper hood from an English pub. Beach-entry free-form pool and spa, complete with a new Pentair filtration system. Step inside through custom double doors with leaded glass windows and get your first glimpse of the grandeur this home exudes in the foyer with a recessed tray ceiling and marble tile inlay. The living room boasts vaulted ceilings with natural sand-blasted beams, cathedral windows outfitted with solar shades, and a built-in media center wired for surround sound. A corner fireplace with a raised hearth adds warmth and coziness. The open-concept chef's kitchen features a snack-bar peninsula that transitions seamlessly to a breakfast area opening to the patio, perfect for indoor-outdoor living. Ample cabinetry and granite countertop space, island with a veggie sink and outlets, a huge walk-in pantry, a refrigerator cabinet with a wine rack, and all stainless-steel appliances complete this culinary haven. Off the kitchen is a separate laundry room with storage cabinets, hanging rods, and a utility sink. This wing also includes a bedroom with a private entrance and an adjacent full bathroom, ideal for guests or a home office. On the other side of the living space, a wide, skylight-lit hallway with extra linen storage leads to two more spacious secondary bedrooms, a hall bathroom with a dual-sink vanity, and a luxurious primary suite. The primary suite is light and bright, featuring beautiful crown molding, a romantic fireplace, and private patio access through sliding doors. The adjoining ensuite bathroom offers an extended dual vanity with ample storage, a walk-in shower, separate jetted tub, and a walk-in closet with built-in wardrobe organizers. Notably, this neighborhood is part of the acclaimed Bonsall Unified School District. Don't miss out on this exquisite Fallbrook home that perfectly blends luxury, functionality, and charm.
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| Mar 30, 2015 | Sold | ||
| Sold | |||
| Feb 3, 2015 | Listed by RE/MAX United | $729,000 | |
| Listed by RE/MAX United | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017