207 School House Lane

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207 School House Lane

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 residential land parcel encompasses 1.04 acres of total area.
  • Located at 207 School House Lane in Cape May Court House.
  • This site is positioned for potential single-family residential development projects.
  • The property is situated within a well-established New Jersey suburban market.
  • Cape May Court House serves as a regional center for services.

What's Special

Spanning 1.04 acres, this residential land parcel at 207 School House Lane in Cape May Court House provides a blank canvas for development in a quiet, established community. The property sits within a municipality known for its proximity to the coastal regions of southern New Jersey and its steady suburban growth. Cape May Court House functions as a central hub for the region, offering ease of access to major thoroughfares and nearby essential services. Investors and builders can consider this site for single-family residential construction, taking advantage of the lot size to accommodate a primary residence or a custom home development project. The surrounding area maintains a residential character that balances quiet suburban living with the regional convenience of Cape May County. This tract of land represents a tangible asset for those looking to capitalize on residential demand within this specific New Jersey 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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