3655 Lupine Lane
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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%.
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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.
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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 |
|---|---|---|---|
| Jun 18, 2026 | Sold | ||
| Sold | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Listed by LPT Realty | $799,000 | |
| Listed by LPT Realty | |||
| Dec 17, 2025 | Listed | $800,000 | |
| Listed | |||
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Rare Multi-Parcel Estate or Investment Opportunity in Fallbrook. Exceptional opportunity to purchase a 3-bedroom, 2-bath home with 1,760 sq ft, attached 2-car garage, situated on a 2.16-acre parcel in Fallbrook’s desirable rolling countryside. The property is being sold AS-IS and requires a complete remodel, making it ideal for investors, builders, or buyers looking to create a custom residence or long-term estate. What makes this offering truly unique is the ability to purchase this home in combination with additional active listings, allowing a buyer to assemble nearly 10.5 acres across four parcels, each with its own water meter, an extremely rare and valuable asset. Additional Available Parcels (Sold Separately): • The neighboring 4.06-acre lot (MLS#: NDP2510861 - APN 107-210-63-00) is also available gentle, highly usable topography and a 1.5-inch water meter through Rainbow Water District, ideal for a custom estate, equestrian use, or additional structures. • Adjacent 4.24-acre combined listing consisting of two parcels (MLS#: NDP2510859, APNs 107-210-60-00 and 107-210-61-00), offering the opportunity to create an 8+ acre private estate when paired with the 4.06-acre parcel, or a nearly 10.5-acre compound when assembled with the home parcel. Together, these properties offer endless possibilities for a multi-generational estate, private compound, agricultural use, or strategic land investment. Land behind the house needs to be sold before or with this parcel. There is a road easement through the front parcel to the 4.24-acres (APNs 107-210-60-00 and 107-210-61-00) which is the combined listing of two parcels noted above. Conveniently located approximately 15 minutes to downtown Fallbrook, less than 10 minutes to I-15 or Highway 76. Enjoy scenic surroundings of rolling hills, citrus and avocado groves, nearby wineries, golf courses, hiking and equestrian trails, and a vibrant local community known for events such as the annual Fallbrook Avocado Festival, seasonal parades, and weekly farmers markets. Opportunities to acquire this amount of usable acreage with existing infrastructure in a prime Fallbrook location are extremely rare. Buyers interested in assembling multiple parcels are encouraged to contact the listing agent for full details and availability. Photos with boundary lines are approximate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017