20-22 Sand Dollar Drive

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20-22 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 in Cape May Court House, New Jersey.
  • Property address is situated at 20-22 Sand Dollar Drive in 08210.
  • Development site positioned within a central hub of Cape May County.
  • Suitable for residential construction projects and long term land investment.
  • Provides access to local services and major regional thoroughfares.

What's Special

Cape May Court House serves as a central hub within Cape May County, providing essential infrastructure and access to the broader New Jersey coastal region. This residential land parcel, situated at 20-22 Sand Dollar Drive, sits within a community characterized by its proximity to both local services and the seasonal tourism economy that drives much of the area. The site offers a residential development opportunity for builders or private investors looking to establish a footprint in this established suburban landscape. Given the local market demographics and the steady demand for housing in this part of New Jersey, the property is suitable for the construction of single-family residential projects. Its location provides efficient access to nearby coastal amenities and major regional thoroughfares, making it a functional choice for residential development initiatives.

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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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