400 Shunpike Road

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400 Shunpike Road

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 available for purchase at 400 Shunpike Road.
  • Located in the town of Cape May Court House, New Jersey.
  • Property is situated in a established regional residential submarket.
  • Site coordinates identified as 39.0798 latitude and -74.8334 longitude.
  • Land is suitable for residential development or custom construction projects.

What's Special

Cape May Court House serves as a central hub within the Cape May County region, offering a blend of coastal accessibility and established community infrastructure. This residential land parcel, situated at 400 Shunpike Road, provides a blank canvas for developers or private buyers looking to establish a presence in this growing New Jersey market. The site is well-positioned for those seeking to capitalize on the region's steady demand for housing, benefiting from the area's proximity to regional thoroughfares and local amenities. Given the residential zoning designation, this acreage is suitable for single-family development or custom home construction projects designed to meet the needs of the surrounding community. Its location allows for convenient access to both the interior of the peninsula and the coastal attractions that define the local economy, making it a viable prospect for various residential real estate ventures.

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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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