418 B Hand Avenue

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418 B Hand Avenue

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 spanning 0.72 acres in total
  • Located at 418 B Hand Avenue in Cape May Court House
  • Suitable for new residential housing development projects
  • Positioned within an established New Jersey suburban market
  • Site offers potential for diverse residential site planning

What's Special

Constructing a residential development on this 0.72-acre parcel offers a prime opportunity to build within the well-established community of Cape May Court House. Located in a growing suburban market in the New Jersey coastal region, this land provides a blank slate for those seeking to capitalize on the steady demand for housing in the area. Its proximity to regional amenities makes it a practical choice for future home construction projects. Investors and developers will find the dimensions of this site suitable for various residential site plans aimed at the local market. The site sits within easy reach of regional transit corridors, providing connectivity to the broader Cape May County area. This property represents a functional addition to a residential portfolio, suited for projects ranging from single-family dwellings to specialized residential layouts that align with local zoning and community character.

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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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