Brandon Richetta - Coldwell Banker Hearthside
16 Jefferson Street #4, Cape May, NJ 08204

Description

Suites on Jefferson is where you will find this Ocean View, second floor two bedroom, one bath condo ready for immediate purchase. Amazing location, second property off the beach, center of town location and amazing opportunity to own your slice of Cape May. You enter via a common front foyer, then up the stairs. There you will find unit 4, an ocean view deck and living room with gas fireplace, large eat in kitchen with pantry, stackable washer and dryer and rear entrance to back deck. There are two large bedrooms and a nice sized bathroom. Lots of closets. Fully furnished, All furniture conveys. Including queen pullout couch less a few personal items. Some weekly rentals in place. Great Investment! Come and see for yourself. Easy to show top right unit. Wall to wall carpet in bedrooms only. Hot water heater is gas fired located in outside back closet. Heat is electric baseboards in bedrooms and bathroom and the gas fireplace in the front living room controlled by a thermostat in kitchen. A/C is controlled by a separate thermostat in the living room and A/C unit compressor is outside behind the building and our air handler is in the attic. New roof by Dave Adams Roofing was accomplished in 2013, Attic fan set on a thermostat to keep the HVAC systems and roof cool in summer. Electric was $1269.16 for 2017, Gas was $187.43 for 2017, water/sewer was $578.67 for 2017. Total for utilities for 2017: $2035.36. Association covers; building maintenance, fire protection (alarm repairs and install, fire extinguisher maintenance and checks), partial HVAC (covers a maintenance plan for cleaning and servicing and gives us a lower rate on parts), pest control, flood insurance, building insurance, cable and internet, outdoor shower water/sewer. 2018- 5 weeks booked. Weekly rate for Prime Summer 2018 $2680 and off season daily rate $350 average. 2017 season 8 weekends and 12 weeks were booked. Net income of owner 2016, $36,515.56 and 2017 $35,550.80.

Details

MLS#179960
StyleCondominium
Sub-TypeResale
StatusActive
Year1960
Days On Site273

Features

Bed(s)2
Bath(s) 1 Full
Story(s)1 Story

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Area Information

StateNJ
CityCape May
Zip Code08204
AreaCape May
Listing VS Median (in 08204)
Price:
$619,000
low | high
Med:
$399,900
85.395799676898% of Average
On Site:
273
low | high
Med:
20.5
100% of Average
Listing Updated: 10/22/2018
MLS Number: 179960
Listing Provided By:
Carol Menz,GRI,CRS,ABR,SFR  of  COASTLINE REALTY LLC
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