118 Old Mill Dr Cape May, NJ 08204
Estimated payment $2,599/month
Highlights
- Wood Flooring
- Eat-In Kitchen
- Living Room
- Fenced Yard
- Interior Lot
- Laundry Room
About This Home
"Live the Dream & Earn Income! Use it for yourself on weekends and rent it out during the week for added income. This lovely home offers the perfect blend of comfortable living and impressive rental returns. Boasting a strong Airbnb history, it's a popular choice for travelers, ensuring consistent bookings. The generous backyard is ideal for creating your own private oasis – imagine al fresco dining, or a lush garden. This property would be great for a primary residence with its updated kitchen cabinets, granite countertops, stainless steel appliances, newer plank flooring in the kitchen and living room and updated bathrooms make this house move in ready for the next owner.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,456
Year Built
- Built in 1970
Lot Details
- Lot Dimensions are 75 x 100
- Fenced Yard
- Interior Lot
- Cleared Lot
Parking
- Driveway
Home Design
- Vinyl Siding
Interior Spaces
- Drapes & Rods
- Living Room
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Exterior Basement Entry
- Crawl Space
Outdoor Features
- Outdoor Storage
Utilities
- Central Air
- Heating System Uses Natural Gas
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 21 / 499.13
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,456 | $170,400 | $97,500 | $72,900 |
| 2024 | $3,406 | $170,400 | $97,500 | $72,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $445,000 | 0.0% | -- | |
| 10/08/2025 10/08/25 | Pending | -- | -- | -- | |
| 09/02/2025 09/02/25 | Price Changed | $445,000 | -1.1% | -- | |
| 06/17/2025 06/17/25 | For Sale | $450,000 | +23.3% | -- | |
| 11/30/2022 11/30/22 | Sold | $365,000 | -2.7% | $267 / Sq Ft | View Prior Sale |
| 10/10/2022 10/10/22 | Pending | -- | -- | -- | |
| 09/22/2022 09/22/22 | Price Changed | $375,000 | -1.3% | $274 / Sq Ft | |
| 08/30/2022 08/30/22 | Price Changed | $379,900 | -5.0% | $278 / Sq Ft | |
| 07/25/2022 07/25/22 | For Sale | $399,999 | -- | $293 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $365,000 | Group 21 Title | |
| Deed | $365,000 | Group 21 Title | |
| Deed | $219,900 | None Available | |
| Deed | $80,500 | None Available | |
| Bargain Sale Deed | $78,992 | None Available | |
| Deed | $119,000 | -- | |
| Deed | $83,500 | -- | |
| Deed | $71,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $346,750 | New Conventional | |
| Closed | $346,750 | New Conventional | |
| Previous Owner | $95,200 | No Value Available | |
| Previous Owner | $79,300 | No Value Available | |
| Previous Owner | $71,000 | No Value Available |
Source: Cape May County Association of REALTORS®
MLS Number: 251958
APN: 05-00499-13-00021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
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