2675 Bay Drive $825,000

MLS#: 180794
Address: 2675 Bay Drive
City / Zip: Cape May Beach, NJ 08251
Type: Residential / Single Family Residence

75 x 390

Lot Size

5

Bedrooms

2

Bathrooms

Overview

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Wow! Wow! And Triple Wow! This beachfront full on water view estate is 75 x 390-foot-deep lot right on the Delaware Bay beachfront. Beautiful ever changing sunset evenings are yours for the taking, with quiet relaxing beaches at your doorstep and easy access for wave runner, kayaks, and SUP’s. This 5 bedroom 2 full and one-half bath home is a custom-built home that offers Panoramic views, direct beach access, and mature natural landscaping, once you see this seashore sanctuary, you will never want to leave! The spacious open interior offers a large great-room with cathedral ceiling, dining room and open kitchen combination with large wrap around deck providing miles and miles of unobstructed sunset and water views. A large bedroom, full bath, laundry area and plenty of closets round out your second entry level floor. The home is raised to maximize views, underneath is a 1-car, with extra storage to keep your beach toys and private owners closet and fenced in backyard. In this location you can spend your days kayaking, sailing, fishing, and swimming. There are two bedrooms and a half bath on the first-floor level. Two bedrooms, full tub, Jacuzzi and steam room with shower and another big family room located on third floor with bay and sunset facing deck. This house is surrounded by million-dollar homes and home owners who enjoy the tranquility away from the crowds and yet have immediate water and beach access. Easy to show, furnished with a few excluded items. This property has been rented for past two years at approximately $4200 a week for average of 10-12 weeks. Owner currently has flood insurance of $450/yr. A well is also on this property for landscape purpose only. Call today as this will not last long at this price. MORE: Rental: currently we have 8 full and 1 partial (4 day) week booked. We charge $1000 security upfront when booked which we return providing the guest did no major damage to the property. The security deposit is not figured into the rent figures below because we return it back to the guests. We reduced our price this year to $3800+$170 cleaning fee per week. I reimburse the cleaners at the end of the season. Linens and towels are not provided. Guest bring their own or can rent them locally. After cleaning is removed the net total YTD is: $32800 - 10% management fee = $29520 that the owner gets to keep. 2016 we booked 12 weeks, Last year 2017, we only booked 7. It appeared most rentals in our area were down last year. This year is much more promising, and we expect more of the remaining open weeks to be booked. Yearly expenses: Gas - $750, Electric - $1050, Property Tax - $12400, Home Insurance - $3700, ** Flood Insurance -$650, *Solar- $960. *Solar Panels - Average payment of $80/month is more than offset by panels power generation backing out ACE power. Tesla monitors panels and is responsible for repairs. We are in flood zone B which is considered optimal.

This listing is provided courtesy of COASTLINE REALTY, LLC

Map

Map may not be 100% accurate.

Amenities

    Property Amenities

    • Interior Features
      • Kitchen Center Island
      • Sauna
      • Skylight
      • Smoke/Fire Alarm
      • Walk in Closet
      • Laminate Flooring
      • Tile Flooring
      • Furniture
      • Window Treatments
    • Rooms

      • Living Room
      • Dining Room
      • Kitchen
      • Pantry
      • Great Room
      • Laundry Closet
    • Appliances

      • Range
      • Oven
      • Microwave Oven
      • Refrigerator
      • Washer
      • Dryer
      • Dishwasher
      • Disposal
      • Smoke/Fire Detector
      • Stove Natural Gas
    • Cooling

      • Central Air Condition
      • Ceiling Fan
      • Multi Zoned
    • Heating

      • Gas Natural
      • Forced Air
      • Hot Water
      • Multi-Zoned
    • Sewer

      • City
    • Exterior Features

      • Vinyl
      • Deck
      • Porch
      • Grill
      • Fenced Yard
      • Storage Building
      • Outside Shower
      • Three Story
    • Parking

      • Garage
      • 1.5 Car
      • Attached
      • Auto Door Opener
      • 4 car parking
      • Gravel Driveway

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