Another Property Sold - 20 W Mermaid Lane, Long Beach Township, NJ 08008

by David Cowles 04/27/2024

20 W Mermaid Lane, Long Beach Township, NJ 08008
Single FamilySold
List Price $1,125,000
Sold Price $1,100,000
20 W Mermaid Lane
Long Beach Township, NJ 08008
Listed by: BHHS Zack Shore Realtors, (609) 492-7277
MLS: Bright MLS
4Beds
1Full1Half Baths
1,078Sq Ft
Est. Mortgage
$5,907/mo

"A Slice of LBI Heaven". Delightful, clean Cape Cod located just 2 1/2 blocks away from the beautiful beaches of LBI. 4 bedrooms, 1 1/2 baths, gas heat and central air conditioning, open floor plan, large back deck with awning, 2 brick paver patios and paver driveway. The home was elevated and fully renovated (from studs) w/rear 2nd floor dormer addition in 2004. Recent upgrades to a/c and hot water heater past 3-5 years. 1 or 2 story expansion over the rear deck area is a possibility. 2023 rental income was $29,700 (many repeat tenants) w/realistic potential for 30% to 35% increase in rates. Flood insurance premium $2,137/year. Offered fully furnished and equipped. Turn-key, move-in condition.

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David Cowles

Hi, I'm David Cowles and I'd love to assist you. Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side. I'd be honored to put my real estate experience to work for you.