228 E Hand Avenue

Wildwood, NJ
$ 459,900 Beds 9 Baths 5
Monthly Estimate* How much can I afford?

Opportunity is Knocking....ANSWER THE $34,600 DOOR! This 5-unit moneymaker is ready for it's new owner - with built-in leases for the summer of 2021 in the FRONT building & and until 3/31/22 in the REAR building. The FRONT building (not heated) offers (2) 1st floor units each offering 1 Bedroom, 1 Bathroom, Living Room, Kitchen, & Porch while the (2) 2nd floor units each offer 2 Bedrooms, 1 Bathroom, Living Room, Kitchen, and Rear Deck. The units in the front building are ALL rented seasonally in 2021 from May through October ($22,000 total, inclusive of gas/electric only). Note, these current long-time seasonal tenants were friends that have become "family"....the future rental market is surely anticipated to command additional income if you so desire. The BACK building (heated) was recently remodeled with updated flooring, drywall, trim, some kitchen enhancements, and a newly tiled bathroom. This unit has a year-round lease in place starting 4/1/21 @ $1,050/m + utilities ($12,600 Total Income on Rear Unit). There are 2 gas meters on the property (front bldg./back bldg.) as well as 2 electric meters. Unit sold with all appliances & partially furnished (less tenants personal furnishings & belongings). Call today to set-up an appointment before it's too late!

Multi-Family

  • Price
  • $ 459,900
  • Lot Size
  • Bedrooms
  • 9
  • Full Bathrooms
  • 5
  • Half Bathrooms
  • 0
  • City, Zip
  • Wildwood
  • Taxes
  • 9253
  • County
  • CAPE MAY
  • Style
  • Apartment
  • Area
  • Wildwood
  • MLS#
  • 210901
  • Zip
  • 08260
Listing Provided by: ATLANTIS REALTY
Data Source: Cape May County MLS

Features

General

Cooling Wall Air Conditioning
Exterior Features Fenced Yard, Outside Shower, Porch, Storage Building
Heating Baseboard, Gas Natural, No Heating
Type Apartment
Water City
Zoning RM

Interior Features

Basement Crawl Space

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Moorestown, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/15/2021 Listed $459,900

Property vs Zip Code Average in 08260

Price
AVG $600K
$460K
Taxes
AVG $6,832
$9,253
Visits
AVG 29
37
Walkscore
AVG 70
83
Data Provided by Walkscore ® not using MLS data

Map

228 E Hand Avenue Wildwood, NJ is a Single Family Home for sale at $459900 and a lot size of Acre(s). 228 E Hand Avenue Wildwood has 9 bedrooms, 5 baths . The property's zip code is 08260 which is in Wildwood, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.