Cape Cod home in Cape May, NJ
This Cape Cod home in Cape May, NJ offers 4 bedrooms and 3 bathrooms across 2,182 square feet. The Cape Cod styling carries through the home's design.
| Price | $2,195,000 |
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| Beds | 4 |
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| Baths | 3 |
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| Sqft | 2182 |
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| Architectural style | Cape Cod (36% match) |
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| Address | 207 Columbia Ave W, Cape May, NJ 08204 |
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Why buy this home
- Confirmed Cape Cod architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $2.2M, this home is 87% above the $1.2M median for 72 similar Cape Cod homes in Cape May, NJ.
- That works out to $1006 per square foot, 35% above the $744 comparable rate.
- New to market (6 days), so expect competition.
| This home | $2,195,000 |
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| Cape Cod median in Cape May, NJ | $1,174,500 (72 homes) |
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| Price per sq ft | $1,006 vs. $744 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $16,917/month with 20% down at a 7.28% 30-year fixed rate. You would need about $725,011 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $12,015/mo |
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| Property tax (new-buyer reassessed rate) | $4,079/mo |
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| Homeowners insurance | $823/mo |
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| Total monthly | $16,917/mo |
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| Down payment (20%) | $439,000 |
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| Income needed | $725,011/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (60 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (60/100) |
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| Beats renting in | 7% of modeled paths |
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| Modeled 5-yr equity (median) | $1,026,835 |
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| Range (10th to 90th pct) | $600,697 to $1,527,993 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Trulia