100 Harvard Avenue

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100 Harvard Avenue

Cape May Point, NJ 08212
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 at 100 Harvard Avenue in Cape May Point.
  • Property situated in the southern coastal region of New Jersey.
  • Site offers potential for custom home construction in a tranquil setting.
  • Located within a community known for natural preservation and beach access.
  • Residential land asset available for purchase in Cape May County.

What's Special

100 Harvard Avenue consists of a residential land parcel situated in the seaside community of Cape May Point, New Jersey. Positioned within a quiet coastal landscape, this property offers proximity to the southernmost point of the state, an area defined by its historic maritime character and preserved natural environments. The location provides a setting suitable for the development of a custom primary residence or a regional vacation home. Cape May Point maintains a reputation for its tranquil atmosphere and proximity to public beaches and conservation areas. Prospective owners gain access to the unique lifestyle of the Jersey Shore while operating within a distinct residential submarket. The site serves as a platform for buyers seeking to establish a long-term footprint in this established coastal community. This parcel represents a specific opportunity for those looking to capitalize on land availability in an area characterized by limited inventory and a consistent demand for coastal residential real estate.

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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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