Prepare for love at first sight as soon as you enter this charming three-bedroom, two bathroom condo/townhome on historic Washington Street. Enter through the front covered porch into your living room with plenty of natural light. Your living space opens to your spacious dining room with stairs to access the upstairs bedrooms. Through the dining room is the updated kitchen with stainless steel appliances, seaside cabinetry and granite counters. At the rear of the property there’s a full bathroom with tiled shower and a door to your outside deck. If you continue outside there’s stacked parking for two cars in the driveway closest to the fence and around the side of the house nice maintenance free landscaping for your bike rack, outdoor shower and trash can storage. Attention to detail was important when doing the side yard landscaping at this property. Your second floor offers two spacious bedrooms, each able to accommodate a king bed and a third bedroom set up with a writing nook and a twin bed with twin trundle. At the end of the hall is a full bathroom with washer dryer. Historic Washington Street is home to the Emlen Physick Estate, Cape May Tennis Club, Washington Street Mall and many historic homes. This home is located a short bike ride to the beach and a comfortable stroll to the coffee shops and restaurants in downtown Cape May. If you continue North you can walk to the Lobster House, Lucky Bones and other harbor favorites. This property is a vacation rental and rents all year round. Peak season price is $2350 per week and most weekends are booked for Spring 2021. $34,332.00 gross income in 2020. Property is being sold furnished less a few pieces of furniture, all paintings and wall art and some personal items. There are no condo fees, only insurance is split with the attached unit next door. Property sale is contingent on seller finding suitable replacement housing and completing a 1031 exchange in California.
Based on the average sale price from the Moorestown, NJ office
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
1154 Washington Street Cape May, NJ is a Single Family Home for sale at $650000 with 1314 sqft and a lot size of Acre(s). 1154 Washington Street Cape May has 3 bedrooms, 2 baths and was built in 1900. The property's zip code is 08204 which is in Cape May, NJ
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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