1080 Vega Way
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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 |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Listed by Keller Williams Realty | $1,645,000 | |
| Listed by Keller Williams Realty | |||
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Welcome to 1080 Vega Way, a rare find in the coveted Altaire community of San Elijo Hills. Nestled on a quiet double cul-de-sac, this 4-bedroom + loft home seamlessly blends modern luxury with functional design - a newer home built in 2012. The newly reimagined backyard is an entertainer’s dream—featuring a sparkling pool with automated cover, built-in BBQ island with a Big Green Egg premium ceramic grill/smoker, and a cozy fire feature - over $150,000 in recent outdoor improvements. From your front porch, take in peek ocean and sunset views, or simply relax in your own private sanctuary. The versatile floor plan offers two main level bedrooms with ensuite baths, including the spacious primary suite with direct yard access. Upstairs you will find two additional bedrooms plus a generous loft (builder option for a 5th bedroom). Bathrooms shine with quartz counters, stylish fixtures, and fresh finishes. Inside, nearly $90K in recent designer upgrades elevate the home: wide-plank hardwood flooring, crown and baseboard molding, custom built-ins, fresh interior/exterior paint and more. The gourmet kitchen is a showstopper with Caesarstone quartz countertops, subway tile backsplash, a large center island, Viking fridge, Miele dishwasher, upgraded sink/faucet, and modern painted cabinetry—all opening to the vaulted family room and backyard. Additional highlights include a butler’s pantry/coffee station, family room surround system, epoxy coated garage with cabinetry and overhead storage, upgraded window screens, and refreshed landscaping for standout curb appeal. All of this in the heart of San Elijo Hills—just steps to Double Peak K-8, parks, trails, shops and dining. Luxury, lifestyle, and location—this home has it all! *SAN ELIJO HILLS COMMUNITY- Enjoy the various community amenities: desirable schools (Middle & Elementary), ballparks, soccer field, picnic area, playgrounds, dog park, community center, restaurants & stores...and all are within walking distance. Hike the 18 miles of trails & 19 acre park. Seller to select services. Room dimensions & sq footage are approximate, per builder & assessor`s record. Mello-roos is estimated. All MLS & marketing info is approximate & not guaranteed.
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| May 26, 2017 | Sold | ||
| Sold | |||
| Apr 6, 2017 | Listed by Keller Williams Realty | $859,700 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017