504 West Lake Drive

Cape May Point, NJ 08212

$800,000
Last Sold Price
3
Beds
1
Bath
956 Sq. Ft.
$837 / Sq. Ft.
956
Sq. Ft.
$837
per Sq. Ft.

Description

Historic lakefront cottage, originally deeded from the Sea Grove Association in 1876, is now available for purchase. While currently used as a summer cottage, the home is in need of repair but could be restored to its original splendor or renovated to take advantage of the lake views. On the first floor, the home offers an enclosed front porch, bedroom, living room, dining room, kitchen, utility room and full bath while the second floor offers two additional bedrooms. The location is central to the...Historic lakefront cottage, originally deeded from the Sea Grove Association in 1876, is now available for purchase. While currently used as a summer cottage, the home is in need of repair but could be restored to its original splendor or renovated to take advantage of the lake views. On the first floor, the home offers an enclosed front porch, bedroom, living room, dining room, kitchen, utility room and full bath while the second floor offers two additional bedrooms. The location is central to the ocean and bay beaches, Pavilion Circle, and the State Park with lighthouse and nature trails. Being conveyed “As Is”, with all inspections and repairs being the responsibility of the buyer except for fire code certification and CMP certificate of compliance. Shown by appointment only, with notice required.
  1. Listed by Dolores Lanzalotti • JERSEY CAPE REALTY

Property Details for 504 West Lake Drive

MLS #
212530
DOM
107
Approx Year Built
1900
Class
RESIDENTIAL
Location
Inside Lot, Island, Water View
Sale/Rent
For Sale
Type
Single Family

Location

Add your commute
LISTING UPDATED: 11/08/2021 01:20 PM

Property Details for 504 West Lake Drive

StatusSold
MLS #212530
Days on Market107
Taxes$3,745 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Single Family
Year Built1900
Lot Size0.11 AC / 4,800 SF
CountyCape May County

Location

Add your commute

Building Information for 504 West Lake Drive

Stories-Year Built1900Building Size-Lot Size0.11 AC / 4,800 SF

Payment Calculator

$4,678 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$312

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 504 West Lake Drive

Summary
Location and General Information
  • Area: Cape May Point
  • Address Number: 504
  • District - Township: 03-Cape May Point
  • Near: Lake Lily
  • Address Search Number: 504.0
  • Address Direction: W
  • Address Street: Lake
  • City: Cape May Point
  • Street Designation: Drive
  • Address: 504 W Lake Drive
  • Status: SOLD COOP BY MEMBER
  • State: NJ
  • Zip: 08212
  • Status Detail: 1
Taxes and HOA Information
  • Taxes: $3,745.00
  • Tax Year: 2020
Property
Lot Information
  • Approx Living Sq Ft: 956.0
  • Construction: Two Story, Cottage
  • Lot Size: 50 x 96
  • New Construction Y/N: No
  • Possession: Mid October
  • Frontage: 50.0
  • Lot Number: 9
  • Block Number: 24
Property and Assessments
  • May B Sub to 3rd pty Appr: No
Utilities
  • Heating: Oil, Baseboard, Hot Water
  • Cooling: Ceiling Fan
  • Hot water: Oil
  • Water: City
  • Sewer: City
Interior and Exterior Features
Interior Features
  • Other rooms: Living Room, Dining Room, Eat-In-Kitchen, Laundry/Utility Room, 1st Floor Primary Bedroom
  • Interior features: Wall to Wall Carpet
  • Total Rooms: 8
  • Total Baths: 1.0
  • Full Baths: 1
  • Bedrooms: 3
  • Lavs: 0.0
  • Appliances Included: Smoke/Fire Detector
  • Basement: Crawl Space
Exterior Features
  • EXTERIOR: Vinyl
  • Outside Features: Screened Porch, Cable TV, Outside Shower

Property History for 504 West Lake Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 504 West Lake Drive

Taxable ValueLand$496,000Additions$106,100Total$602,100
Tax Record2022$4,245 ($354 / month)
Home Facts
Beds0Total Finished SqFt956 SqFtAbove Grade Finished SqFt956 SqFtStories2Lot Size4,800 SqFtStyleSingle Family ResidenceYear Built1900CountyCAPE MAYAPN03 00024-0000-00009

Schools near 504 West Lake Drive

This home is within Lower Township Elementary School District.
Rating
School
Type
Grades
Distance
Public - 5 to 6
Public - 3 to 4
Public - PK to 2
Rating
School
Distance
Sandman Consolidated Elementary School
Public5 to 6

Maud Abrams School
Public3 to 4

Carl T Mitnick School
PublicPK to 2

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.