Stunning! See What $12.5 Million Will Buy You in Cape May County, NJ
If you woke up this morning and said to yourself, "I wish my monthly mortgage payment was $50,000," then you'll want to consider buying this stunning home in Cape May County.
Well, even if you didn't say that and you want to at least dream about buying a $12.5 million beach house, then keep readin'.
This breathtaking 4,100-square-foot home at 130 74th Street in Avalon is simply stunning. I mean, it's one of those houses that is almost too pretty to actually live in.
Sitting right on the beach (quite literally), this home sits further out onto the beach than its neighbors, which means you'll be able to see the Atlantic City skyline from your deck.
Of course, it has everything you could ever want in a home -- an inground pool, a spa, a detached cabana, an outdoor kitchen. Oh, and an elevator. And two laundry rooms. Six bedrooms, six and a half baths.
Assuming you put $3 million down, your mortgage payment is just a few pennies over $49,000/month. And your yearly property tax bill is in the neighborhood of $43,000.
And if you want a good example of just how much home prices have increased here in New Jersey, according to the listing, this home was listed for sale for $7.5 million just four years ago.
For more information about this home, contact Jack Vizzard at BHHS Fox & Roach Avalon.