1505 Sand Dune Way
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 |
|---|---|---|---|
| May 21, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by Compass | $1,649,000 | |
| Listed by Compass | |||
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Beautifully nestled in San Elijo Hills on a 1/4 acre corner lot in the gated community of Promontory Ridge, this home features fresh exterior paint that creates gorgeous curb appeal and a memorable first impression. Step inside to a sweeping spiral staircase entry that creates a grand focal point and welcoming introduction to the home. The thoughtfully designed layout includes formal living and dining rooms, a chef’s kitchen that opens to the spacious family room and tranquil backyard, and a convenient entry-level bedroom with full bathroom. Upstairs offers two additional bedrooms, an office that could easily be converted into another bedroom, and an expansive primary suite featuring a flexible bonus retreat space, spa-like bathroom, and walk-in closet with built-in organizers. The backyard extends along the side of the home, creating an expansive outdoor area with plenty of room for entertaining, play, or future possibilities for building a pool or custom outdoor retreat. Enjoy close proximity to parks, trails, and the vibrant San Elijo Hills Town Square, all while being zoned for San Elijo Elementary, San Elijo Middle, and San Marcos High School.
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| Feb 11, 2016 | Sold | ||
| Sold | |||
| Sep 20, 2015 | Listed by Coldwell Banker Res Brokerage | $824,900 | |
| Listed by Coldwell Banker Res Brokerage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017