$ 435,000
-
$435,000
Price -
1
Bed -
1
Bath -
400
SqFt
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About the Listing BEDG01 - 3292384
Oceanfront living meets smart investing! Don’t miss this 2nd-floor condo in desirable Wildwood Crest, offering ocean views, family-friendly amenities, and proven rental potential. This seasonal 1-bedroom, 1-bath unit (large enough to fit 2 FULL SIZE beds AND IS INCLUDED IN THE SALE) features a bright living room and kitchen combination with space for seating, family meals, and views of the ocean right from your window. The bedroom has new hardwood flooring, and the full bath includes a tub for added comfort. On-site perks include a pool, shared Oceanview deck (with only one other unit), grills, ping-pong table, and an assigned off-street parking spot. This condo isn’t just a retreat but a proven income producer — generating just under $25,000 in rental income this past year! Seasonal rentals can cover mortgage and HOA costs, with potential for net income, and the HOA even offers rental management for convenience. Located just 10 minutes from Cape May and 5 minutes from Morey’s Pier and the Wildwood Boardwalk, this Monterey Avenue gem is the perfect blend of vacation escape and investment opportunity!
Listing Highlights for 406 Monterey Unit 201
Status
Active
Days on Site
50
Property Type
Condo
MLS ®
NJCM2005972
Year Built
1953
Total Square Footage
400
Lot/Acreage
331.00 x 0.00
County
Cape May
Neighborhood
None Available
HOA Dues
831/Quarterly
School District
Wildwood Crest Schools
Interior Details
- Bedrooms: 1
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor: Wood,Ceramic Tile
- Above Ground Sq Ft: 400
- Below Ground Sq Ft: 0
- Basement:
- Other: Combination Kitchen/Living,Kitchen - Efficiency,Upgraded Countertops,Wood Floors,Number Limit,Pets Allowed,Main Floor Bedrooms: 1
- Water: Public
Exterior Details
- Lot Description: Poolside,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 1
- Lot Dimensions: 331.00 x 0.00
- Zoning: M-1B
- Roof:
- Others: BBQ Grill,Outside Shower,Very Good,Beach,Common Grounds,Laundry Facilities,Pool - Outdoor,Reserved/Assigned Parking,Swimming Pool,Water,Sewer,Trash,Pool(s),Insurance,Parking Fee
- Sewer: Public Sewer
- Parking Features: Paved Parking,Off Street,1+ Spaces
Financial Details
- Tax Amount: $3,511
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
406 Monterey Unit 201 Wildwood Crest, NJ 08260
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