$1,050,000
$1,088,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
404 Fow Avenue West Cape May, NJ 08204
2 Beds
1 Bath
780 SqFt
Key Details
Sold Price $1,050,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 780 sqft
Price per Sqft $1,346
MLS Listing ID 242723
Style Ranch
Bedrooms 2
Full Baths 1
Year Built 1958
Annual Tax Amount $4,893
Tax Year 2023
Property Sub-Type Single Family
Property Description
Welcome to the West Cape Cottage, a turnkey property offering a renovated beach cottage in one of West Cape May's premier areas. Just a short four blocks beach and numerous popular restaurants nearby, this home is a dream come true. 404 Fow Avenue underwent a comprehensive renovation in 2021, transforming this 1958 cottage into a modern, updated rancher with exquisite details throughout. The interior design is both functional and stylish, maximizing every space to its fullest potential. The fully updated kitchen and dining area features abundant natural light, open shelving, a stainless-steel hood, modern lighting, quartz countertops, and a timeless white subway tile backsplash. Other interior highlights include durable vinyl flooring, a dedicated laundry area with a stacked washer and dryer, an updated full bathroom, and two generously sized bedrooms. Interior doors and hardware were also replaced in 2021, along with both exterior doors. The HVAC system was installed in 2021 with forced gas heat and central air conditioning, and new insulation was added. Outside, the exterior siding is premium Hardie Board Siding, offering low maintenance and superior durability. Each black-framed window is new, and the front and rear decks were rebuilt in 2021 with Trex decking and custom railings. The fenced-in rear yard provides a serene retreat with a large paver patio, an updated outdoor shower, and an outside storage shed. Ample off-street parking for three vehicles is available in the front yard. The 40' x 90' lot presents an opportunity for a discerning buyer to expand the approximately 780 square foot standalone detached cottage. The property is being sold fully furnished and turnkey, interior & exterior contents, minus one flower painting in the main living space. The current owners operate it as a short-term vacation rental, with peak summer weeks renting for up to $2,900/week. Bookings are available year-round. In 2024 the property's gross rental income was $70,066 and as of mid-January, 2025's gross rental income is over $41,500! Don't miss this opportunity!
Location
State NJ
County Cape May
Area West Cape May
Zoning Res
Rooms
Other Rooms Living Room, Eat-In-Kitchen, Dining Area, Storage Attic, Laundry Closet
Interior
Hot Water Electric
Heating Gas Natural, Forced Air
Cooling Central Air Condition
Exterior
Exterior Feature Patio, Fenced Yard, Storage Building, Cable TV, Outside Shower
Parking Features 3 Car, Stone Driveway
Building
Lot Description Cleared Lot, Inside Lot
Sewer City
Water City
Structure Type Hardie Board
New Construction No
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Bought with KELLER WILLIAMS REALTY JERSEY SHORE oc
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Micah Yerk
Broker-Salesperson/Managing Broker, Lower Township Office | License ID: 1110889
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