208 W 24th 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…

208 W 24th Avenue

North Wildwood, NJ 08260-2528
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).

  • Located at 208 W 24th Avenue in North Wildwood
  • Multifamily apartment building containing two individual units
  • Asset situated within the Cape May County coastal market
  • Suitable for long-term rentals or seasonal vacation leasing
  • Managed size allows for streamlined residential property operations

What's Special

This two-unit multifamily apartment building is situated at 208 W 24th Avenue in North Wildwood, New Jersey. The property occupies a coastal location in a region characterized by seasonal tourism and residential density. Its layout provides a straightforward configuration for an investor looking to hold an asset in the Cape May County market. Properties of this size in North Wildwood are frequently utilized for rental income, offering flexibility for both long-term leasing or short-term vacation stays given the proximity to local beaches. The structure serves as a manageable addition to a small portfolio, benefiting from the consistent demand for housing within this coastal community. Investors will find the location well-positioned to leverage the area's ongoing appeal to residents and visitors alike.

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