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Off market
  • $1,947,000

    515 Franklin St, Cape May, NJ 08204

    --beds
    0baths
    2,555sqft
    MultiFamily
    Built in 1880
    -- sqft lot
    $1,947,000 Zestimate®
    $762/sqft
    $1,946 Estimated rent

    Home value

    $1,947,000

    $1.69M - $2.22M

    $1,946/mo

    Zestimate® history
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    What's special

    The "Daisy Cottage" is located in the heart of the Historic District of Cape May overlooking Hughes St. Victorian Style charm with updated interior on different levels. The 1st floor unit is 3 bedrooms and 2 baths, has front and rear entrances as well as a side entrance off the kitchen. The updated kitchen includes stainless steel appliances ( sub zero refrigerator) corian countertops, ceramic backsplash and gas top range with downdraft. Pocket doors between living room and dining room, crown molding, hardwood floors and more. Living room and dining room have been freshly painted within the past month. The full bath includes a garden soaking tub, separate shower with subway tile and ceramic flooring. There is a laundry room/utility room. Central air conditioning in this unit. The 2nd floor unit is also accessible at the front porch or the rear deck. This unit provides 2 full baths, a separate laundry room with washer and dryer, an eat-in kitchen with range, refrigerator, dishwasher. Living room and one bedroom on same floor with an additional 2 dormer style bedrooms on the upper level. Beadboard, wainscoting, hardwood floors, ceiling fans are some of the features. Window air conditioners for this unit. Location, Location, Location! Step into the Historic Distract and watch the horse and buggy go by. Beach, Washington Street Mall, Convention Hall and Restaurants all close by and off street parking! Currently used as a duplex this property has rental income and is being sold turn-key minus personal items. Gross income is $65,000+. There are many more features that make this home a must see. Can be a single family home. Call office for lockbox code to see.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Gas
    Cooling
    • Central, Other
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 2,555 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Exterior features: Wood
    Lot
    • Size: 2,962 sqft
    Details
    • Parcel number: 0201076000000002

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    Condition
    • Year built: 1880

    Utilities & green energy

    • Sewer: City

    Community & neighborhood

    Location
    • Region: Cape May

    Other

    Other facts
    • Sale/Rent: For Sale
    • Status Category: Active
    • Type: Duplex
    • OTHER ROOMS: Living Room, Kitchen, Eat In Kitchen, Laundry/Utility Room
    • PARKING: Stone Driveway, 3 Car
    • WATER: City
    • Lot Size Range: 1 to 6000 SqFt
    • BASEMENT: Crawl Space
    • HEATING: Hot Water
    • HOT WATER: Gas
    • OUTSIDE FEATURES: Sidewalks, Outside Shower
    • SEWER: City
    • ALSO INCLUDED: Furniture
    • Status: UNDER CONTRACT CON/SHOW
    • District - Township: 02-Cape May City

    Price history

    DateEventPrice
    9/30/2022Sold$1,550,000-4.6%$607/sqft
    Source: CMCAOR #220963 Report a problem
    8/4/2022Contingent$1,625,000$636/sqft
    Source: CMCAOR #220963 Report a problem
    5/13/2022Price change$1,625,000-4.1%$636/sqft
    Source: CMCAOR #220963 Report a problem
    4/7/2022Listed for sale$1,695,000+126%$663/sqft
    Source: CMCAOR #220963 Report a problem
    6/23/2017Sold$750,000-6.1%$294/sqft
    Source: Agent Provided Report a problem
    1/6/2017Price change$799,000+6.5%$313/sqft
    Source: HOMESTEAD REAL ESTATE C0. INC. #171632 Report a problem
    12/19/2016Price change$749,900-6.3%$294/sqft
    Source: HOMESTEAD REAL ESTATE C0. INC. #171632 Report a problem
    4/15/2016Price change$799,900-11%$313/sqft
    Source: LONG & FOSTER REAL ESTATE, INC cm #167734 Report a problem
    6/22/2015Listed for sale$899,000+0.2%$352/sqft
    Source: Coldwell Banker Sol Needles Real Estate #164739 Report a problem
    12/18/2010Listing removed$897,500$351/sqft
    Source: Wilsey Realty #133915 Report a problem
    10/4/2010Price change$897,500-9.3%$351/sqft
    Source: Wilsey Realty #133915 Report a problem
    5/30/2010Listed for sale$989,000+6.9%$387/sqft
    Source: Wilsey Realty #133915 Report a problem
    8/29/2006Sold$925,000+85.2%$362/sqft
    Source: Public Record Report a problem
    12/12/2000Sold$499,500+455%$195/sqft
    Source: Public Record Report a problem
    3/21/1997Sold$90,000$35/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,606 $625,000
    2024$6,606 -1.6%$625,000
    2023$6,713 +5.5%$625,000
    2022$6,363 +4.9%$625,000
    2021$6,063 -1.7%$625,000
    2020$6,169 +6%$625,000
    2019$5,819 $625,000
    2018$5,819 +11.9%$625,000
    2017$5,200 -3.8%$625,000
    2016$5,406 $625,000
    2015$5,406 +3.2%$625,000
    2014$5,238 -16.3%$625,000 -21.7%
    2012$6,261 +5.9%$798,600
    2011$5,910 -4.1%$798,600
    2010$6,163 +2.4%$798,600 +10.5%
    2009$6,018 +8.9%$722,500
    2008$5,529 $722,500 +0.6%
    2007$5,529 $718,000
    2006-- $718,000
    2005-- $718,000
    2004$5,457 $718,000 +181.1%
    2003-- $255,400
    2002-- $255,400
    2001-- $255,400

    Find assessor info on the county website

    Neighborhood: 08204

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,947,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,947,000