1228-1230 Massachusetts Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

1228-1230 Massachusetts Avenue

Cape May, NJ 08204
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Two-unit multi-family apartment building available for purchase
  • Located at 1228-1230 Massachusetts Avenue in Cape May
  • Property situated in the 08204 zip code of New Jersey
  • Asset category is designated as a residential apartment building
  • Geographically positioned near the southern coast of New Jersey

What's Special

This two-unit apartment building at 1228-1230 Massachusetts Avenue provides a residential investment opportunity in the coastal city of Cape May, New Jersey. The property serves as a stable asset within the local housing market, characterized by its historic charm and significant seasonal tourism appeal. Situated in the 08204 zip code, the building is positioned near the southern tip of the state, benefiting from the consistent demand for multi-family housing in this popular shore community. Investors may utilize this site as a long-term rental holding or a value-add project within a well-established submarket known for its maritime heritage and visitor-driven economy. With its manageable scale, the asset allows for straightforward management while capitalizing on the density and high demand typical of Cape May residential zones.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

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

Location & Travel Times