1 Sand Dollar Drive

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1 Sand Dollar Drive

Cape May Court House, NJ 08210
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 1 Sand Dollar Drive.
  • Property situated in the Cape May Court House area.
  • Region features stable local economy and coastal accessibility.
  • Strategic location within the Cape May County seat.
  • Suitable for residential development and construction projects.

What's Special

Cape May Court House serves as the central hub of Cape May County, balancing coastal accessibility with a stable regional economy. This residential land parcel is situated at 1 Sand Dollar Drive, placing it within a region characterized by its proximity to popular shore points and accessible local infrastructure. The community benefits from steady growth and a consistent demand for housing throughout the South Jersey submarket. Investors and developers can evaluate this property for various residential project scopes, given its strategic location within the county seat. The site offers significant potential for residential construction, allowing for custom developments that align with the specific needs of this growing area. Whether planning a singular housing project or a more extensive land development strategy, this asset provides a foundational opportunity in a well-established market area.

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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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