3838 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%.
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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.
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 |
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| Jun 11, 2026 | Sold | ||
| Sold | |||
| Apr 25, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by Benchmark Properties | $775,000 | |
| Listed by Benchmark Properties | |||
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Welcome to 3838 Lake Circle Drive, Fallbrook- a solar production home. This 3 bedroom, 2.5 bath home features expansive views from the backyard of the ecological preserve surrounded by hillsides and a natural creek. The bright, open layout is perfect for both daily living and entertaining. Enjoy a refreshed kitchen and bathrooms, plus the convenience of an inside laundry room located on the second floor. Year-round comfort is assured with central air conditioning and forced air heating.An attached 2-car garage offers parking and additional storage space. Plus solar paid off! Residents also enjoy access to multiple parks and playgrounds, making it ideal for families or anyone who appreciates nearby outdoor recreation without the upkeep. And don't forget the walking trails around the lake! Located in Fallbrook, the home is close to local wineries, avocado groves, hiking trails, and the charming downtown village, while providing a peaceful place to call home.
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| Oct 18, 2017 | Sold | ||
| Sold | |||
| Sep 7, 2017 | Listed by Redfin Corporation | $499,900 | |
| Listed by Redfin Corporation | |||
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This beauty will delight you with its designer accents such as hardwood and tile flooring, recessed lighting, hardwood staircase with decorative spindles and arched doorways. This home offers an open-concept floor plan for ease of entertaining. The living room has a cozy fireplace and flows into the kitchen and dining area. .....Continued in Supplemental Remarks Below.... Neighborhoods: Lake Rancho Viejo Complex Features: ,, Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017