3 South Lafayette Street, Unit 2

Cape May, NJ 08204

$1,575,000
Last Sold Price
5
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Stunning turnkey renovation! This impressive 5-bedroom, 2.5-bathroom Beach Block townhouse style condo has the most amazing new Ocean View mahogany front and side porches. The entire property has been transformed into a modern beach vibe oasis with tons of eye-catching furniture. The first level of this light filled townhouse has a Living Room, Powder Room, Family Room, Dining Room and granite Kitchen which is perfect for hosting large family and friend gatherings! The bedrooms and full bathrooms...Stunning turnkey renovation! This impressive 5-bedroom, 2.5-bathroom Beach Block townhouse style condo has the most amazing new Ocean View mahogany front and side porches. The entire property has been transformed into a modern beach vibe oasis with tons of eye-catching furniture. The first level of this light filled townhouse has a Living Room, Powder Room, Family Room, Dining Room and granite Kitchen which is perfect for hosting large family and friend gatherings! The bedrooms and full bathrooms are located on the second and third floors adding to the overall large house vibe. Over 1,800 square feet (from tax records) has been upgraded into an extremely successful rental property with a Gross Income of $101,300 for 2023. There is a private backyard that is perfect for dining and relaxing after the beach. A convenient new outside shower and grill area complete the backyard. There is also a well sized exterior private storage unit for beach chairs, beach toys and extra items that adds to the convenience of this incredible house like condo! This is an ideal location; the Washington Street Mall and Cape May's exceptional restaurants and shops are within a short walk! The HVAC upgrades (Natural gas forced air on the first floor and New heat pump forced air on the second and third floors) make this property the perfect year-round retreat and rental property.
  1. Listed by James Zeitler • JERSEY CAPE REALTY

Property Details for 3 South Lafayette Street, Unit 2

MLS #
231220
DOM
113
Class
CONDO/TOWNHOUSE
Location
Beach Block
Sale/Rent
For Sale
Type
Condo

Location

Listing Courtesy of JERSEY CAPE REALTY

Sold By deSatnick Real Estate LLC - Cape May

Add your commute
LISTING UPDATED: 08/19/2023 08:23 AM

Property Details for 3 South Lafayette Street, Unit 2

StatusSold
MLS #231220
Days on Market113
Taxes$6,159 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCONDO/TOWNHOUSE / Condo
Year Built-
CountyCape May County

Location

Listing Courtesy of JERSEY CAPE REALTY

Sold By deSatnick Real Estate LLC - Cape May

Add your commute

Building Information for 3 South Lafayette Street, Unit 2

Building/Complex3 S Lafayette StFloor-Stories3Residences-Pet Policy-Year Built-

Payment Calculator

$9,109 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,595

Property Taxes

$513

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3 South Lafayette Street, Unit 2

Summary
Location and General Information
  • Area: Cape May
  • Address Number: 3
  • District - Township: 02-Cape May City
  • Address Search Number: 3.0
  • Address Street: South Lafayette
  • City: Cape May
  • Street Designation: Street
  • Address: 3 South Lafayette Street
  • Status: SOLD COOP BY MEMBER
  • State: NJ
  • Zip: 08204
  • Status Detail: 1
  • Number of Stories: Three
Taxes and HOA Information
  • Taxes: $6,158.98
  • Condo Fee: 2000
  • Tax Year: 2022
Property
Lot Information
  • New Construction Y/N: No
  • Lot Number: 8
  • Block Number: 1021
Property and Assessments
  • May B Sub to 3rd pty Appr: No
Utilities
  • Heating: Gas Natural, Electric, Forced Air, Multi-Zoned
  • Cooling: Central Air, Multi Zoned
  • Hot water: Electric
  • Water: City
  • Sewer: City
Interior and Exterior Features
Interior Features
  • Other rooms: Living Room, Dining Room, Kitchen, Recreation/Family
  • Total Baths: 2.1
  • Full Baths: 2
  • Bedrooms: 5
  • Lavs: 1.0
  • Unit Features: Laminate Fooring
  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer
Exterior Features
  • UNIT LOCATION: Other (See Remarks), Water View

Property History for 3 South Lafayette Street, Unit 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3 South Lafayette Street, Unit 2

Taxable ValueLand$369,800Additions$227,000Total$596,800
Tax Record2022$6,159 ($513 / month)
Home Facts
Beds0Total Finished SqFt1,837 SqFtAbove Grade Finished SqFt1,837 SqFtLot Size2,601 SqFtStyleCondominiumYear Built1900ZoningR-SCountyCAPE MAYAPN02 01021-0000-00008-0000-C-02

Schools near 3 South Lafayette Street, Unit 2

This home is within Lower Cape May Regional School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Cape May City Elementary School
PublicPK to 6

Richard M Teitelman School
Public7 to 8

Lower Cape May Reg High School
Public9 to 12

Our Lady Star of Sea School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of JERSEY CAPE REALTY

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.