309 E 17th Ave

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…

309 E 17th Ave

North Wildwood, NJ 08260
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 asset located in North Wildwood, New Jersey
  • Residential building featuring a total of four units
  • Positioned in an established coastal residential submarket
  • Suitable for long-term rental or investment portfolio growth
  • Located at 309 E 17th Ave in zip code 08260

What's Special

This multifamily apartment building comprises four units situated at 309 E 17th Ave in North Wildwood, New Jersey. The property provides a residential investment opportunity within this popular coastal community. North Wildwood remains a consistent destination for seasonal and year-round residents, benefiting from the broader economic activity of the Cape May County region. Its coastal location draws steady interest, making such properties suitable for long-term rental income or potential portfolio diversification. Given the layout and unit count, the building offers a stable asset profile for investors seeking to establish or expand their presence in a well-trafficked beach market. Local infrastructure supports both tourist-driven economies and residential life, ensuring ongoing demand for rental housing across the submarket. Prospective buyers will find this scale of multifamily asset manageable and adaptable to various management strategies common in the local real estate sector.

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