127 Myrtle Avenue

Cape May, NJ
$ 2,249,999 Beds 12 Baths 11.5
Monthly Estimate* How much can I afford?

The Albert Stevens Inn is one of the largest and noteworthy Victorian houses on the Cape May market today. Situated in the middle of one way historic Myrtle Avenue only 2.5 blocks away from downtown Cape May with unheard of ample onsite parking for 12 vehicles and free off street parking. This location is only blocks to the beaches, mall, festivals, concerts and some of the best restaurants in the Cape May area. There are 12 bedrooms, some with gas fireplaces, containing a variety of bed sizes with 11.5 bathrooms.The majority of the baths have been completely updated to today's high standards, some even have heated tile floors. Newly renovated kitchen features stunning granite counter tops, Decor stove, 2 sinks, upgraded faucets, commercial dishwasher, 2 refrigerators and easy to care flooring throughout the kitchen and the over sized adjacent family room which also features tons of seating and a 55 inch plasma TV perfect for movie night. Two amazing dining rooms next to the heated and air conditioned indoor side enclosed porch. The porch is fully furnished always sunny and cheerful a great spot to play a game or read a book. The independently heated and air conditioned fully furnished sunny porch also features a wet bar with instant hot water for your afternoon cup of tea and an ice machine dedicated to meet all your needs and your cocktail hour. This Victorian home with modern amenities has been lovingly cared for all while adding many modern touches to fit today's buying demands. When you enter the home you are greeted by the traditional front Parlor and fireplace with open vestibule which feels as if you stepped back in time. The owners have made every effort to preserve the Victorian ambiance that makes the home so special. High quality materials designed for longevity and easy maintenance are used throughout the building. Don't forget the front porch everyone's favorite complete with wooden rockers and overhead fans directly across the street from Wilbraham Park featuring some of Cape May's annual festivals. In the rear of the building right off the large family room is the newly installed in 2019, 40x16 in-ground gunite heated swimming pool complete with over-sized hot tub and water feature. Enjoy the outdoor fire pit and seating area with your friends, guests or family. The deck also offers a natural gas grill and dining table to add to this amazing entertainment styled backyard outdoor space. The award winning Albert Stevens Inn has operated since 1982 serving guests for years as one of Cape May's prominent B&B's. Currently licensed, with commercial zoning. Since 2019 the Inn has been used as a whole house rental. The owners ran a top rated B&B and you can choose to do the same or continue as a whole house rental, or create your very own uniquely styled Cape May seashore home. The Albert Stevens is being sold turnkey, completely furnished right down to the sheets, towels, pots and pans. Literally, you will only need to bring your flip flops and suitcases. A once in a lifetime home for the discerning buyer who is looking for an investment or simply looking for a home to enjoy, share and cherish for years to come. EXCELLENT income numbers for 2020

Single Family

  • Price
  • $ 2,249,999
  • Lot Size
  • Bedrooms
  • 12
  • Full Bathrooms
  • 11
  • Half Bathrooms
  • 1
  • City, Zip
  • Cape May
  • Taxes
  • 13979
  • County
  • CAPE MAY
  • Style
  • Three Story,Victorian
  • Area
  • West Cape May
  • MLS#
  • 200522
  • Zip
  • 08204
Listing Provided by: HOMESTEAD REAL ESTATE C0. INC.

Features

General

Cooling Window Air Conditioning
Exterior Features Cable TV, Deck, Enclosed/Covered Patio, Fenced Yard, Grill, In Ground Pool, Outside Shower, Porch, Sidewalks, Sprinkler System, Storage Building, Whirpool/Spa
Heating Baseboard, Forced Air, Gas Natural
Interior Features Fireplace - Electric, Kitchen Center Island, Marble Flooring, Security System, Tile Flooring, Wall to Wall Carpet, Wood Flooring
Sewer City
Type Single Family
Water City
Zoning commercial

Interior Features

Appliances Included Dishwasher, Disposal, Dryer, Microwave Oven, Oven, Range, Refrigerator, Self-Clean Oven, Stove Natural Gas, Washer, Wine Cooler
Basement Inside Entrance, Outside Entrance, Partial

Exterior Features

Exterior Wood
House Color yellow
Parking/Garage Assigned Parking, Stone Driveway

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
Adjust Payment Options
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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

2/6/2020 Listed $2,499,999
6/1/2020 9% - $2,299,999
7/22/2020 3% - $2,249,999

Property vs Zip Code Average in 08204

Price
AVG $1.05M
$2.25M
Taxes
AVG $28,644
$13,979
Visits
AVG 17
47
Walkscore
AVG 37
76
Data Provided by Walkscore ® not using MLS data

Map

127 Myrtle Avenue Cape May, NJ is a Single Family Home for sale at $2249999 and a lot size of Acre(s). 127 Myrtle Avenue Cape May has 12 bedrooms, 11 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.