467 Shunpike Road

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467 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 asset located at 467 Shunpike Road.
  • Property situated within the Cape May Court House submarket.
  • Parcel suitable for residential development and construction projects.
  • Located in the county seat of Cape May County.
  • Accessible positioning for regional transportation and area services.

What's Special

Situated at 467 Shunpike Road, this residential land parcel occupies a strategic position within Cape May Court House, New Jersey. The property provides a blank canvas for residential development, appealing to builders and private investors looking to capitalize on the growth of this coastal submarket. Cape May Court House serves as the county seat of Cape May County, offering steady demand for housing due to its central location and accessibility to both the Atlantic coastline and the regional interior. Proximity to major local thoroughfares ensures connectivity for future residents while maintaining the residential character typical of the area. This plot is well-suited for single-family development or other residential projects compliant with local zoning regulations. The surrounding region continues to see stable interest from seasonal residents and year-round inhabitants alike, making this an entry point into the local land market. Its geographic placement allows for straightforward logistics during the planning and construction phases of development.

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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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