1269 Lafayette St Cape May, NJ 08204
--
Bed
--
Bath
2,664
Sq Ft
10,202
Sq Ft Lot
Highlights
- Deck
- More Than Two Accessible Exits
- Forced Air Heating and Cooling System
- Patio
About This Home
As of March 2025?? Attention Entrepreneurs! Are you a ?? motivated investor, ?? seasoned landlord, or ?? savvy owner-occupant ready to seize a rare opportunity? ?? Don’t miss this chance in highly sought-after Cape May! ??? This beautifully renovated Triplex is a true standout.
?? Unit 1, "The Victorian": 3 bedrooms ???, 2 full baths ??.
?? Unit 2, "The Wine Cellar": 2 bedrooms ???, 1.5 baths ??.
? Unit 3, "The Boat House": 2 bedrooms ???, 1 full bath ??.
?? Currently thriving as an Airbnb, the potential rental income is ?? remarkable. ?? Call today to schedule a tour of this amazing opportunity! ??
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,294
Year Built
- Built in 1930
Lot Details
- 10,202 Sq Ft Lot
- Lot Dimensions are 68.00 x 150.00
Home Design
- 2,664 Sq Ft Home
- Triplex
- Frame Construction
Parking
- 6 Open Parking Spaces
- 8 Parking Spaces
- 2 Driveway Spaces
- Stone Driveway
- Shared Driveway
- Parking Lot
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Ductless Heating Or Cooling System
- Natural Gas Water Heater
Community Details
- 3 Vacant Units
Listing and Financial Details
- Tax Lot 00104
- Assessor Parcel Number 02-01061 01-00104
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 21, 2024
Closed on
Mar 26, 2025
Sold by
Hammer Rentals Llc
Bought by
Zebicos Llc
Seller's Agent
Carlo Drogo
EXP Realty, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$2,200,000
Sold Price
$1,950,000
Premium/Discount to List
-$250,000
-11.36%
Views
75
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,112
Avg. Annual Appreciation
-1.25%
Original Mortgage
$1,462,500
Outstanding Balance
$1,462,500
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$481,388
Purchase Details
Listed on
Sep 22, 2018
Closed on
Nov 2, 2018
Sold by
Hsbc Bank Usa Na
Bought by
Hammer Rantals Llc
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$399,900
Sold Price
$456,000
Premium/Discount to List
$56,100
14.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.44%
Purchase Details
Closed on
Nov 18, 2015
Sold by
Chase Home Finance Llc
Bought by
Bank Usa National Association and Jp Morgan Mortgage Trust
Purchase Details
Closed on
Sep 30, 2000
Sold by
Simonsen Frank J
Bought by
Kelleher Grayee S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
7.96%
Similar Home in Cape May, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,950,000 | Victorian Abstract | |
| Warranty Deed | $456,000 | -- | |
| Sheriffs Deed | $720,041 | None Available | |
| Deed | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,462,500 | New Conventional | |
| Previous Owner | $100,000 | Construction | |
| Previous Owner | $400,000 | Construction | |
| Previous Owner | $225,000 | New Conventional | |
| Previous Owner | $1,487,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $805,464 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $742,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $650,000 | Unknown | |
| Previous Owner | $601,250 | New Conventional | |
| Previous Owner | $446,048 | Unknown | |
| Previous Owner | $137,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2025 03/28/25 | Sold | $1,950,000 | -11.4% | $732 / Sq Ft |
| 01/24/2025 01/24/25 | Pending | -- | -- | -- |
| 11/21/2024 11/21/24 | For Sale | $2,200,000 | +382.5% | $826 / Sq Ft |
| 11/01/2018 11/01/18 | Sold | $456,000 | +14.0% | $187 / Sq Ft |
| 10/02/2018 10/02/18 | Pending | -- | -- | -- |
| 09/22/2018 09/22/18 | For Sale | $399,900 | -- | $164 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10,294 | $973,900 | $519,200 | $454,700 |
| 2023 | $10,460 | $973,900 | $519,200 | $454,700 |
| 2022 | $10,051 | $973,900 | $519,200 | $454,700 |
| 2021 | $7,391 | $726,400 | $519,200 | $207,200 |
| 2020 | $7,046 | $726,400 | $519,200 | $207,200 |
| 2019 | $7,170 | $726,400 | $519,200 | $207,200 |
| 2018 | $6,763 | $726,400 | $519,200 | $207,200 |
| 2017 | $6,421 | $726,400 | $519,200 | $207,200 |
| 2016 | $5,931 | $712,900 | $519,200 | $193,700 |
| 2015 | $6,167 | $712,900 | $519,200 | $193,700 |
| 2014 | $6,167 | $712,900 | $519,200 | $193,700 |
Source: Public Records
Agents Affiliated with this Home
-
Carlo Drogo
Seller's Agent in 2025
Carlo Drogo
EXP Realty, LLC
(856) 692-4368
4 in this area
602 Total Sales
-
datacorrect BrightMLS
d
Buyer's Agent in 2025
datacorrect BrightMLS
Non Subscribing Office
-
Edward Augsberger
E
Seller's Agent in 2018
Edward Augsberger
COASTAL ELITE REALTY
(609) 338-1189
166 Total Sales
-
N
Buyer's Agent in 2018
Non-Member Non-Member
Non Member
Map
Source: Bright MLS
MLS Number: NJCM2004396
APN: 02-01061-01-00104
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