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Master on Main
Address
116 Third Avenue Cape May, NJ
Price
$ 1,250,000
Property Attributes
  • MLS#178567
  • TypeSingle Family
  • CountyCAPE MAY
  • CityCape May
  • AreaWest Cape May
  • NeighborhoodWest Cape May
  • Zip08204
  • Style
  • Taxes7069
  • Price$ 1,250,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms2
  • Sqr Footage3480
Listing Provided Courtesy Of:
JERSEY CAPE REALTY
Property Description

Charming and fully renovated, this nearly 3,500 square foot home is within walking distance to the beach, restaurants and shopping. In addition to the main front house, there is an attached cottage in the rear with private entrance. Approaching the front door you will be greeted by a large covered front porch with mahogany decking, perfect for enjoying time with family and friends. Stepping inside on the first floor you will find 2 living rooms, a large eat in kitchen, a master bedroom with king size bed and a private bath, a laundry room, half bath and mahogany side porch. The second floor features a master bedroom with queen size bed and a private bath, a second bedroom with a queen size bed and a hall bath, a kitchenette with dining area, and a screened in mahogany porch. Also located on the second floor is a large 19.5 x 38 unfinished room currently utilized for storage, but could be finished for an additional 700+ square feet of living space. The third floor has 2 bedrooms, a half bath and a living area. The house was completely renovated in 2010 with new kitchens, bathrooms, hardwood floors, ceramic title, new/rebuilt mahogany porches, all new plumbing, new HVAC systems (2 zone in the main house and 1 zone in the cottage), new appliances and furnishings. Located at the rear of the house, with separate entrance on the left side of the property, is the "Sea Turtle Cottage." Renovated in 2017 this 1 bedroom 1 bath cottage has its own private covered patio, outside shower and covered off street parking accessible from Goldbeatten Alley between 2nd and 3rd Ave. There is plenty of yard space with front and rear yards, a garage and storage shed. This property has an excellent rental history generating close to $86,000 in total gross revenues, all documented. The front unit generated $61,750 and the rear unit $24,200 in 2017. Note the current owner only rents May through October. Additional revenue can be obtained by expanding the rental opportunities. This property is a MUST SEE as it is being conveyed fully furnished with many extras and is turn key.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
9/30/2017 Listed $1,250,000

General Features

Type Single Family

Interior Features

Appliances Included Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Electric
Basement Crawl Space
Cooling Central Air Condition, Multi Zoned
Heating Gas Natural, Forced Air, Heat Pump, Multi-Zoned
Hot Water Electric
Interior Features Wood Flooring, Smoke/Fire Alarm, Storage, Tile Flooring

Exterior Features

Exterior Features Patio, Deck, Enclosed/Covered Patio, Screened Porch, Fenced Yard, Storage Building, Sidewalks, Outside Shower
Parking/Garage Garage, Detached, 4 car parking
Sewer City
Water City

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08204

Price
AVG $620K
$1.25M
Taxes
AVG $5,195
$7,069
Visits
AVG 18
68
Walkscore
AVG 30
69

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