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Townbank
1003 Shore Drive
     
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MLS# 178835   Request Showing  
$599,000.00   Request More Information  
       
       
Single Family   Mortgage Calculator  
3 Bedrooms   Email A Friend  
1 Full Bathrooms   Print Brochure  



Remarks:
Hands down, this is THE BEST location on the bay front in Townbank!! This charming 3 bedroom, 1.5 bath beach cottage is one of only five homes located on the dead end of Shore drive which is the quietest and most private section of the Townbank Bay front! Enjoy full on unobstructed bay views and spectacular sunsets! Here's what the owners say about their home "It's so quiet where we are that we sleep with the sliding doors open and can hear the surf.... even on holiday weekends! The beach is never crowded by our house. We can sit on the roof top deck and watch our kids on the beach. Since there isn't any public parking near us, there are never people on the beach except the occasional walker. The beach is dog friendly with restricted hours. Our dogs love the beach! Being on a dead-end street means our kids can ride their bikes and rollerblade in the street. We have great neighbors who are year round residents. Our gardens are awesome, tons of butterflies and birds. We see dolphins from our decks daily!" What's not to like about that? Enter the property from a white picket gate into a delightful garden. The porch is covered and the hot tub nearby for a relaxing soak with soothing bay breezes. Inside the home you will find a comfortable central living room, open to a beachy white eat-in kitchen with granite counters. The master bedroom faces the bay and has sliders to the deck. There are two guest bedrooms a full hall bath plus a half-bath/laundry room. Outside and up a flight of stairs is wonderful roof top deck with amazing views! An investors dream this home generates a great income! In 2016 it grossed $52,250. In 2017 it grossed $48,850 as the sellers shut it down in the Spring and September to use for themselves. (See associated docs for the operating costs) The sellers have run a hugely successful rental business from this home for 15 years. Many years they rented all through December and started again in March depending on whether they wanted to use it themselves. Rentals in place for 2018 are 3/2 -3/6, 7/14 -7/23 and 8/4-8/10. The rate is $2900 per week from the last week in May up through the first week in September. All shoulder week's rent for $2200 and the nightly rate is $250. They have a wonderful website and Facebook page with 691 followers that they will transfer to the buyers if they desire. Extras include, off street parking for four cars, Full basement, Central Air, Natural Gas heat, fenced yard, sold fully furnished and so much more! Easy to show. Lockbox.



PROPERTY FEATURES

  * LOCATION
      Bay Front
      Water Front
      Water View

  * CONSTRUCTION
      Ranch

  * EXTERIOR
      Vinyl
      Wood

  * OUTSIDE FEATURES
      Enclosed/Covered Patio
      Fenced Yard
      Sidewalks
      Sprinkler System

  * PARKING/GARAGE
      Concrete Driveway
      4 car parking

  * OTHER ROOMS
      Living Room
      Eat-In-Kitchen
      Laundry/Utility Room

  * INTERIOR FEATURES
      Wall to Wall Carpet
      Vinyl Flooring

  * APPLIANCES INCLUDED
      Microwave Oven
      Refrigerator
      Washer
      Dryer
      Stove Natural Gas

  * ALSO INCLUDED
      Furniture
      Window Treatments

  * BASEMENT
      Full

  * HEATING
      Gas Natural
      Forced Air

  * COOLING
      Central Air Condition
      Ceiling Fan

  * HOT WATER
      Gas- Natural

  * WATER
      City

  * SEWER
      City


LET APEX REALTY, INC. BE YOUR BUYER AGENT FOR THIS LISTING. LISTING IS PROVIDED BY LONG & FOSTER REAL ESTATE, INC av AND CAPE MAY COUNTY MLS. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement.

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.