740 Lavender Lane
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 |
|---|---|---|---|
| Feb 24, 2026 | Sold | ||
| Sold | |||
| Jan 25, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by RE/MAX Success | $899,000 | |
| Listed by RE/MAX Success | |||
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Beautifully maintained single-level home in the highly sought-after Peterson Ranch Garden Society. This inviting 3-bedroom, 2-bath residence features engineered hardwood floors and a light-filled, open layout. Soaring vaulted ceilings in the great room create an airy, welcoming atmosphere. Near the dining area, a built-in wine fridge adds a thoughtful touch—perfect for entertaining or everyday enjoyment.
The primary suite is ideally tucked away for privacy and has been tastefully updated with a remodeled bathroom and a custom accent wall that adds a modern touch. Two additional bedrooms, a well-appointed hall bathroom, and a dedicated laundry room complete the harmonious single-story floor plan.
Outside, the backyard is a true highlight—offering two expansive patios, a lush grassy lawn, and ample space to host gatherings, unwind with a glass of your favorite local pleasure, or enjoy casual playtime. The garage is equally polished, featuring epoxied floors that add both style and durability.
The location is incredibly convenient, with close proximity to downtown Templeton, Twin Cities Hospital, parks, and easy access to Highway 101 for quick commutes to Paso Robles and Atascadero.
This is a rare opportunity to own a turnkey, single-level home in one of Templeton’s most desirable neighborhoods. Act fast, as this one won’t last!
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| Oct 28, 2025 | Listed | $925,000 | |
| Listed | |||
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Here’s the one you’ve been waiting for! A single-level home in one of Templeton’s most coveted neighborhoods—the Peterson Ranch Garden Society. This home has been upgraded with engineered hardwood floors, a stunning primary bathroom remodel, and a repainted interior. The split floor plan provides added privacy for the primary suite, while vaulted ceilings in the open-concept great room enhance the spacious feel. The backyard offers two expansive patios and a lush grassy area—an ideal setting for entertaining friends and family, practicing your favorite sport, or simply relaxing with a cup of your favorite local pleasure. Conveniently located near Twin Cities Hospital, multiple parks, and downtown Templeton, with quick access to Highway 101 that puts Paso Robles and Atascadero just minutes away. You’ve waited for this one to hit the market—now don’t let it slip away. Book your tour today!
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| Apr 25, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017