3 Sherriff Taylor Boulevard

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3 Sherriff Taylor Boulevard

North 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 located in North Cape May, New Jersey.
  • Property is situated at 3 Sherriff Taylor Boulevard, 08204.
  • The asset is zoned for residential land development uses.
  • Site offers proximity to Delaware Bay coastal area amenities.
  • Available for purchase as a residential development opportunity.

What's Special

North Cape May serves as a coastal community situated along the Delaware Bay in New Jersey, characterized by its steady residential appeal and proximity to regional ferry services. This residential land parcel located at 3 Sherriff Taylor Boulevard provides a development site for those looking to establish a presence within this established suburban market. Its position within the local neighborhood framework makes it suitable for individual residential construction or potential investment holding strategies aimed at the area's year-round and seasonal population. Developing in this portion of Cape May County offers access to the scenic coastline while remaining connected to the infrastructure and amenities of the broader peninsula. As residential demand persists throughout this region, vacant lots such as this provide a foundation for custom home building or residential portfolio expansion. Buyers should conduct appropriate due diligence regarding local zoning requirements and site specifications to determine the exact viability of their intended residential project.

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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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