115 2nd Street
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%.
How much can I actually make?
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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| May 22, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Listed by Central Coast Sotheby's International Realty | $775,000 | |
| Listed by Central Coast Sotheby's International Realty | |||
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Charming multi-unit property in the heart of downtown Templeton featuring two separate dwelling units on a spacious 7,500 +/- square foot lot. The original main home, built in 1900, offers 2 bedrooms, 1 bathroom, and approximately 900 +/- square feet of living space, blending historic character with tasteful updates. Inside you’ll find beautiful Red Oak wood floors throughout, a remodeled kitchen with custom wood cabinetry, stainless steel appliances, and a cozy free-standing fireplace that creates a warm and inviting living area. From the back patio, enjoy convenient access to a root cellar which is ideal for use as a wine cellar or additional storage.
The property also includes a separate 1 bedroom, 1 bathroom unit of approximately 800 +/- square feet featuring higher ceilings, abundant natural light, and newer construction, offering excellent flexibility for extended living.
Ideally located just moments from downtown Templeton, this property is within walking distance to Main Street’s popular restaurants, local shops, the weekly farmers market in the park, and seasonal community events such as Concerts in the Park. Situated within the highly regarded Templeton School District, this unique property offers small-town charm, versatility, and a rare opportunity to own a downtown multi-unit property.
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| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Listed | $775,000 | |
| Listed | |||
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Charming Downtown Templeton Home – Walk to Main Street!
Welcome to this beautifully maintained 2-bedroom, 1-bath home in the heart of downtown Templeton. Offering 900 sq. ft. of cozy living space, this home blends classic charm with modern updates.
Step inside to find gorgeous wood floors, a remodeled kitchen with stylish finishes, and a free-standing fireplace that creates a warm and inviting living area.
Situated on a spacious 7,500 sq. ft. lot, there’s plenty of room to relax, garden, or entertain. The property also features a detached shop with its own bathroom—perfect for a home office, artist’s studio, gym, or bonus space.
Enjoy the best of Templeton living just steps from Main Street’s restaurants, shops, and the weekly farmer's market at the nearby park.
Don’t miss this rare opportunity to own a charming downtown home with room to grow!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017