517 Sandia Park Drive
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 |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Jan 10, 2026 | Listed by Keller Williams Heritage West | $545,000 | |
| Listed by Keller Williams Heritage West | |||
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Welcome to this immaculate, like-new home located in the highly sought after Pinnacle Estates, perfectly positioned on one of the largest lots in the subdivision. This stunning home offers 3 bedrooms, a private office, and an oversized upstairs bonus room, easily adaptable as a game room, media room, gym, or even a 5th bedroom. From the moment you enter, you’ll notice the open-concept design, vaulted ceilings, beautiful flooring, and abundant natural light pouring in through oversized windows. The spacious living area is anchored by a cozy wood-burning fireplace, creating the perfect gathering space for family and friends. Chef’s kitchen is both elegant and practical, featuring a large center island, gorgeous stone countertops, stylish backsplash, and an abundance of cabinetry and counter space, perfect for entertaining or everyday living. The thoughtfully designed floor plan includes a luxurious primary suite that serves as a true retreat, complete with an expansive walk-in closet and spa like bath. Secondary bedrooms are generously sized, while the private office offers the flexibility to function as an additional bedroom if needed. Step outside to your extended covered patio overlooking a huge fenced backyard, an entertainer’s dream with endless possibilities. The property is already equipped with additional 200-amp electrical service in the backyard, making it ideal for a future pool, outdoor kitchen, or hot tub-jacuzzi setup. Even better, additional gated parking has been added, easily accommodating a boat, multiple vehicles, or a small RV, an extremely rare find in this community. Additional highlights include pride-of-ownership condition throughout, modern systems, and a layout that truly maximizes both space and value. This home is move-in ready, meticulously maintained, and priced to sell—offering luxury, flexibility, and the best lot in the neighborhood. This is the one buyers have been waiting for—don’t miss it!
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| Dec 31, 2021 | Sold | ||
| Sold | |||
| Mar 8, 2021 | Listed by Knob & Key Realty Partners LLC | $447,617 | |
| Listed by Knob & Key Realty Partners LLC | |||
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Due to the current building market, completion dates are estimate and subject to change. See Community Sales Manager for completion date and more information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017