1507 Yacht Ave

Cape May, NJ
$ 2,000,000 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

A unique opportunity for developers and investors. The "Boatel" is located on one of the last parcels in the marina district. Overlooking South Jersey Marina offering 10 one bedroom units with wrap around decks and five boat slips. All apartments are currently rented on a month to month basis. A quick 10 minute boat ride to the bay and the ocean. Enjoy the cool breezes and beautiful sunsets from this water front property. Building is being sold "as is". All permits and approvals are the sole responsibility of the buyer.

Commercial

  • Price
  • $ 2,000,000
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Cape May
  • Taxes
  • 13171
  • County
  • CAPE MAY
  • Style
  • Area
  • Cape May
  • MLS#
  • 183822
  • Zip
  • 08204
Listing Provided by: COASTLINE REALTY, LLC

Features

General

Cooling Wall Air Conditioning
Exterior Features Dock/Pier/Slip
Heating Electric
Interior Features Living Space Available
Parking 6 To 10 Spaces
Type Other
Water City
Zoning R 5

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • 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 Villas, NJ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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

8/8/2020 Listed $2,000,000

Property vs Zip Code Average in 08204

Price
AVG $1.68M
$2M
Taxes
AVG $12,562
$13,171
Visits
AVG 19
2
Walkscore
AVG 54
42
Data Provided by Walkscore ® not using MLS data

Map

1507 Yacht Ave Cape May, NJ is a Single Family Home for sale at $2000000 and a lot size of Acre(s). 1507 Yacht Ave Cape May has 0 bedrooms, 0 baths . 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.