238 E Leaming Avenue

Wildwood, NJ
$ 624,777 Beds 12 Baths 6
Monthly Estimate* How much can I afford?

Amazing Opportunity to own (6) 2 Bedroom units just 1.5 blocks to the Beach. Conveniently located just a few blocks to the convention center, Wildwood Crest and the Boards. Property has 5 of 6 units rented this season (Full Season rentals) for $56000. If you were to rent owners quarters, you would have $66,000 in rentals this season alone. If rented weekly, we believe this property would gross over $80,000/season. This property consists of a 4 unit front building and a rear duplex. This Cash Cow also has an outside shower, Private decks for tenants, an ocean view, huge driveway, outside shower and is surrounded by a lot of newer construction homes. If this property were to be converted to condos, Out sales would easily exceed $1million in todays market. Properties being sold turnkey and ready for tenants. 24 HOUSR NOTICE REQUIRED

Multi-Family

  • Price
  • $ 624,777
  • Lot Size
  • Bedrooms
  • 12
  • Full Bathrooms
  • 6
  • Half Bathrooms
  • 0
  • City, Zip
  • Wildwood
  • Taxes
  • $ 8831
  • County
  • CAPE MAY
  • Style
  • Area
  • Wildwood
  • MLS#
  • 211812
  • Zip
  • 08260
Listing Provided by: LONG & FOSTER REAL ESTATE, INC av
Data Source: Cape May County MLS

Features

General

Basement Crawl Space
Cooling Wall Air Conditioning
Exterior Features Deck, Enclosed/Cov. Patio, Porch, Storage Building, Cable TV, Sidewalks, Outside Shower
Heating Baseboard
Parking 3 Car, Concrete Driveway
Type Other
Water City
Zoning RM

Amenities

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

Affordability Calculator

$2,869

Per Month

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

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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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.

Schools

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

Price History

5/19/2021 Listed $649,777
6/19/2021 4% - $624,777

Property vs Zip Code Average in 08260

Price
AVG $580K
$620K
Taxes
AVG $6,699
$8,831
Visits
AVG 39
10
Walkscore
AVG 71
80
Data Provided by Walkscore ® not using MLS data

Map

238 E Leaming Avenue Wildwood, NJ is a Single Family Home for sale at $624777 and a lot size of Acre(s). 238 E Leaming Avenue Wildwood has 12 bedrooms, 6 baths . The property's zip code is 08260 which is in Wildwood, NJ

*Information deemed reliable but not guaranteed.

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.

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.