$628,000
●
House -
Off Market
2843 Cottage Lane
Paso Robles, CA 93446
3 Beds
2 Baths,
1
Half Bath
1,481 Ft²
$3,468
Est. Monthly
$330
HOA / Fees
3.88%
Cap Rate
About This Property
Don't miss this delightful townhome in the growing region of Paso
Robles! Nestled in a gated community, this 3-bedroom, 2.5-bath gem
offers just under 1,500 sq. ft. of thoughtfully upgraded
space-ideal for anyone seeking style and convenience. Inside, a
bright interior and vaulted ceilings create an inviting atmosphere,
while dark flooring and fresh neutral paint add warmth and
elegance. Stainless steel appliances and a custom backsplash make
the kitchen shine, and the open-concept layout seamlessly connects
living and dining areas for easy entertaining. A powder room on the
main floor accommodates guests, and upstairs you'll find three
well-appointed bedrooms. The primary suite comes complete with high
ceilings, dual closets, dual vanities, and a private water
closet.
Outside, the patio invites relaxation, featuring an expanded concrete pad, synthetic grass, and a mature shade tree. Within The Cottages at River Oaks, residents also enjoy access to a sparkling community pool, hot tub, and clubhouse. Best of all, downtown Paso Robles and freeway access are only minutes away, keeping you close to shops, restaurants, and entertainment.
Embrace the laid-back Paso Robles lifestyle in this charming townhome-your perfect blend of comfort and location!
Outside, the patio invites relaxation, featuring an expanded concrete pad, synthetic grass, and a mature shade tree. Within The Cottages at River Oaks, residents also enjoy access to a sparkling community pool, hot tub, and clubhouse. Best of all, downtown Paso Robles and freeway access are only minutes away, keeping you close to shops, restaurants, and entertainment.
Embrace the laid-back Paso Robles lifestyle in this charming townhome-your perfect blend of comfort and location!
Unit Size
1,481 Ft²
Days on Market
32 days
Land Size
0.07 acres
Price per sqft
$431
Property Type
House
Property Taxes
-
HOA Dues
$330
Year Built
2005
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #NS25066425)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Mar 26, 2025 | Listed by COMPASS | $639,000 | |
| Listed by COMPASS | |||
| Mar 6, 2024 | No longer available | - | |
| No longer available | |||
| Jan 31, 2024 | In contract | - | |
| In contract | |||
| Jan 21, 2024 | Price Decreased |
$625,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About El Paso de Robles (Paso Robles)
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Listed by: Robert Sousa, COMPASS
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NS25066425
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NS25066425
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