501 Baywyn Road

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501 Baywyn Road

Cape May Beach, NJ 08251
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel located at 501 Baywyn Road
  • Situated within the coastal community of Cape May Beach
  • Suitable for new residential construction or vacation home development
  • Positioned in the established residential market of New Jersey
  • Provides access to regional transit routes along the coast

What's Special

Constructing a residential property on this land in Cape May Beach provides proximity to the coastal lifestyle of southern New Jersey. This parcel is situated in a region known for its seasonal tourism and steady demand for beach-adjacent housing. Investors and developers can leverage the location to create a private residence or a seasonal vacation home within the local Cape May County community. The area maintains a quiet suburban character while remaining accessible to major regional transit routes that serve the Atlantic coastline. Buyers should conduct their own due diligence regarding local zoning ordinances and utility connectivity to determine site-specific building capacity for their intended residential project. This development site represents a straightforward acquisition for those looking to establish a presence in a classic shore market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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