12 Whiting Lane

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12 Whiting Lane

Cape May Court House, NJ 08210-0000
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Parcel covers 1.25 acres of residential land
  • Property is situated in Cape May Court House
  • Asset is currently available for purchase
  • Located within a growing Cape May County submarket
  • Site supports diverse residential development project types

What's Special

Construct a residential project on this 1.25-acre parcel situated in Cape May Court House, New Jersey. This land asset provides space for development within a region that balances coastal proximity with inland community access. As part of Cape May County, the site benefits from the area's steady regional growth and accessibility to major transit corridors serving the southern New Jersey peninsula. Developers and investors may consider this property for single-family housing or residential expansion projects aligned with local growth patterns. The site offers sufficient acreage for a variety of layouts, serving the ongoing demand for housing in this established market area. This location remains a practical choice for those looking to capitalize on the residential stability of the Cape May region.

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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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