115 Ocean Street

Cape May, NJ
$ 1,850,000 Beds 5 Baths 5.5 Virtual Tour
Monthly Estimate* How much can I afford?

The Fairthorne Cottage. 5 BR/5.5 BA. Currently operated as a whole home vacation rental with established rental history. Built in 1880, this home is located downtown within two short blocks to The Washington Street Mall and beaches. The home was was renovated with luxury features in 2010 and was a Mid Atlantic Center for the Arts Designer Show House. Outstanding opportunity to acquire a turn-key property for a downtown residence or vacation rental. The first floor offers an enclosed front porch, kitchen, living room, den, powder room and full bathroom. The second floor includes three private suites. The third floor has two bedrooms and a full bathroom. Shared paver driveway with parking area for two cars. Access and parking easement on the property for neighbor's access and sole use of the garage. Home to be sold furnished. New AC condensers three years ago. New roof 5/2020. New awnings 5/2020. New irrigation system 6/2019. Exterior painted Spring 2019. Showings on Saturdays only between tenant check out and check in 11 AM - 1 PM.

Single Family

  • Price
  • $ 1,850,000
  • Lot Size
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • Year Built
  • 1880
  • Half Bathrooms
  • 1
  • City, Zip
  • Cape May
  • Taxes
  • 11404
  • County
  • CAPE MAY
  • Style
  • Victorian
  • Area
  • Cape May
  • MLS#
  • 202359
  • Zip
  • 08204
Listing Provided by: deSatnick Real Estate LLC - Cape May

Features

General

Cooling Central Air Condition, Wall Air Conditioning
Exterior Features Outside Shower, Sidewalks
Heating Gas Natural
Sewer City
Type Single Family
Water City

Interior Features

Appliances Included Dishwasher, Dryer, Microwave Oven, Oven, Range, Refrigerator, Washer

Exterior Features

Exterior Wood
Parking/Garage 2 Car, Shared Driveway

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Moorestown, NJ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/10/2020 Listed $1,850,000

Property vs Zip Code Average in 08204

Price
AVG $1.17M
$1.85M
Taxes
AVG $31,872
$11,404
Visits
AVG 22
49
Year Built
AVG 1957
1880
Walkscore
AVG 40
80
Data Provided by Walkscore ® not using MLS data

Map

115 Ocean Street Cape May, NJ is a Single Family Home for sale at $1850000 and a lot size of Acre(s). 115 Ocean Street Cape May has 5 bedrooms, 5 baths and was built in 1880. The property's zip code is 08204 which is in Cape May, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.