A beautiful waterfront three-bedroom home in the wealthy New England enclave of Cape Cod has hit the market for just $239,000... but there's a reason why it's priced so low. The home sits on top of a ...

In its purest form, the word that best describes the Cape Cod is compact. The traditional versions of this home stand at a mere one-and-a-half stories, with the half snugly situated under the roof.