320 Breakwater Road

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…

320 Breakwater Road

North 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).

  • Multifamily apartment building available for sale in North Cape May
  • Residential investment opportunity consisting of two separate rental units
  • Located at 320 Breakwater Road in the 08204 zip code
  • Positioned within a reliable coastal New Jersey residential submarket
  • Suitable for an investor or a local owner-occupant scenario

What's Special

This multifamily asset at 320 Breakwater Road in North Cape May, New Jersey, is currently available for sale and serves as an efficient addition to a residential investment portfolio. The property consists of two distinct units, providing a manageable scale for investors seeking to build or expand their holdings in the coastal region of the Cape May peninsula. This submarket benefits from seasonal tourism and a steady year-round population, creating a consistent environment for residential leasing. The current configuration of two units is suitable for a primary owner-occupant or an investor focusing on long-term rental income. Given its positioning in a growing suburban setting within the broader South Jersey market, this apartment building provides utility for those targeting the workforce housing segment. Investors looking to acquire a small-scale, predictable residential income stream will find this asset aligned with foundational real estate objectives in a reliable coastal community.

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