1494 Sandbar Drive
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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.
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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| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Listed by Compass | $2,150,000 | |
| Listed by Compass | |||
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Indulge in unparalleled luxury in this one-of-a-kind, magazine-worthy home nestled in the sought after gated community of Promontory Ridge in San Elijo Hills. To truly understand how much this home is a piece of art, the attached list of upgrades is a must-read, showcasing the meticulous craftsmanship and attention to detail! From the moment you enter through the elegant front deck, you are enveloped in sophistication. The interior boasts stunning European White Oak floors and a reimagined open-concept living space, highlighted by a grand dining room, custom wine closet, state-of-the-art chef's dream kitchen with Thermador smart appliances, an expansive real white oak island, custom pantry, and so much more! The flexible floor plan features a convenient first-floor bedroom and a full bathroom, ideal for guests or family members seeking privacy. The design boats a supreme primary suite, featuring a serene retreat space equipped with a built-in office and a fully upgraded spa-inspired bathroom. Additionally, the converted loft offers versatility as a fifth bedroom or workout room with additional closet space. The integration of smart technology, including owned Tesla solar panels and Powerwall, ensures eco-conscious living with lowered energy expenses. Step outside into a luxurious outdoor oasis that provides relaxation and year-round enjoyment, featuring a custom-built pool and spa with in-pool bar stools, baja shelf, umbrella sleeve, ledge loungers, Salt chlorination and filtration, and other premium additions. Enhanced by energy-efficient solutions like a solar heating and automated cover, this space is designed for ultimate comfort.Tailor-made for hosting, the backyard combines a bespoke sundeck with an advanced sound system for an unmatched ambiance. The centerpiece is a custom covered patio that elevates any event with top of the line touches including a fully equipped outdoor chef's kitchen, prep station, kegerator fridge, dedicated in-island water heater, Gozney pizza oven, dual sided fireplace, suspended porch swings, and countless more features. This home is not just a place to live but a statement of elegance and modern sustainability, perfect for those who seek the finest in life. With so many exquisite details and amenities, 1494 Sandbar Drive is a must-see to fully experience its grandeur and uniqueness!
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| Jan 31, 2017 | Sold | ||
| Sold | |||
| Nov 10, 2016 | Listed by Pacific Sotheby's Int'l Realty | $799,900 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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A remarkable San Elijo Hills Cape Cod split level home for sale in the desirable gated community Promontory Ridge features an open floor plan, bedroom and full bath downstairs, spacious loft, high ceilings, gorgeous kitchen with granite counter tops, center island and dual oven, large master suite with retreat, custom paint and more! Step into the private spacious backyard with lush landscaping to relax or entertain. Conveniently located close to the Town Center, stores, restaurants and schools. Neighborhoods: San Elijo Hills 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