1 /
16
Map
$1,532,236*
●
House -
Off Market
402 Lincoln
Cape May Point, NJ 08212
5 Beds
3 Baths
$941,000 - $1,149,000
Reference Base Price*
46.63%
Since Sep 1, 2019
National-US
Primary Model
Sold Apr 11, 2023
$1,425,000
Seller
$1,140,000
by Philadelphia Mortgage Advisors
Mortgage Due Apr 01, 2053
Sold Oct 22, 2019
$979,000
Buyer
Seller
$400,000
by Wells Fargo Bank Na
Mortgage
About This Property
Cape May Point historic Victorian Cottage circa 1876, renovated and
restored as a three unit beach block property with excellent summer
rental history, presently used as a single family home. The Dr.
Isaac S. Fogg Cottage has been updated with modern kitchens and
baths in each of the three apartments but maintains the historic
charm with hardwood floors, high ceilings, many windows, covered
porch, deck and screened porch. Unit one has access to the
wrap around porch, which is both open and screened, spacious living
room with dining area, lovely new kitchen, one bedroom and full
bath. Unit two is accessed from the back door into a bedroom
with attached full bath with a laundry closet. The stairs lead up
the second floor into a bright and sunny kitchen and living area
with screened porch. Unit three has a staircase located in the back
leading into a deck entrance to the two bedroom apartment with new
kitchen and bathroom and a lovely bright living room.
Currently the house is rented as a whole with 5 bedrooms, 3
baths, sleeping 12 guests with average income of over $40,000 for
the summer season. Endless possibilities, rent one or two units and
keep the other for your own use. Situated on a large corner lot and
located just two houses to the entrance to the beach and facing
historic St. Peters Episcopal Church. Sold mostly furnished with
the exception of art work and personal items.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$6,160
HOA Dues
-
Year Built
1876
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 11, 2023 | Sold to Paula A Fleming, Rebecca E ... | $1,425,000 | |
Sold to Paula A Fleming, Rebecca E ... | |||
Apr 1, 2023 | No longer available | - | |
No longer available | |||
Feb 3, 2023 | No longer available | - | |
No longer available | |||
Jan 21, 2023 | Price Decreased |
$1,495,000
↓ $50K
(3.2%)
|
|
Price Decreased | |||
Dec 9, 2022 | Price Decreased |
$1,545,000
↓ $25K
(1.6%)
|
|
Price Decreased |
Show More
Property Highlights
Air Conditioning