142 Rosemans Lane

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142 Rosemans Lane

Cape May, NJ 08204
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 available for sale in Cape May
  • Located at 142 Rosemans Lane within the 08204 zip code
  • Positioned in a prominent coastal market in southern New Jersey
  • Suitable site for primary residence or vacation rental construction
  • Benefits from consistent regional demand for residential properties

What's Special

This residential land parcel at 142 Rosemans Lane represents a strategic acquisition in Cape May, New Jersey. The property sits within a well-established coastal market known for its historic charm and seasonal tourism economy. Investors and developers often target this region for the construction of primary residences or high-demand vacation rentals due to the proximity to Atlantic beaches and local attractions. Cape May serves as a prominent destination on the southern tip of the state, benefiting from steady demand from both year-round residents and summer visitors. With its accessible location, the parcel offers versatility for various residential development projects suited to the local architectural landscape. Builders and prospective owners can capitalize on the inventory constraints characteristic of this desirable shoreline community.

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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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