303 Brainard Avenue

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303 Brainard 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 303 Brainard Avenue
  • Positioned within the coastal community of Cape May Point
  • Asset type classified as residential land for sale
  • Site offers potential for custom residential development projects
  • Located in a region noted for its historic character

What's Special

This residential land parcel is located at 303 Brainard Avenue in Cape May Point, New Jersey. Situated in a coastal community, the site offers proximity to regional shorelines and the local atmosphere of Cape May County. The area is known for its historic charm and seasonal appeal, providing a quiet setting for prospective development. This location is well-suited for a single-family residential project or a custom private residence within a established neighborhood. Investors and developers can evaluate the zoning requirements and land potential to align with the character of this desirable shore submarket. Access to regional transit routes and local amenities allows for a balance of privacy and connection to the surrounding municipalities.

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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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