2 Turtle Thorofare Ct

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2 Turtle Thorofare Ct

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).

  • The land parcel encompasses a total area of 0.94 acres.
  • This residential site is positioned in Cape May Court House, NJ.
  • The property is available for purchase as a development opportunity.
  • Cape May County offers regional access to various coastal destinations.
  • The location serves as a central hub within the submarket.

What's Special

Spanning 0.94 acres, this residential land parcel provides a versatile development opportunity in Cape May Court House, New Jersey. The property is positioned within a suburban environment that benefits from proximity to the regional amenities and coastal access of Cape May County. The site offers sufficient space for a residential build, making it suitable for private homeowners or developers looking to capitalize on the region's housing demand. Prospective buyers can leverage the local infrastructure and the established residential character of the surrounding community for their project planning. Cape May Court House serves as a central hub in the area, providing convenient connectivity to both inland regions and the shore points that characterize the Southern New Jersey real estate landscape. This land represents a practical choice for those seeking a development-ready site in a stable and accessible submarket.

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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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