10017 Corinthian Drive

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10017 Corinthian Drive

Stone Harbor, NJ 08247
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 asset located in Stone Harbor, New Jersey.
  • Property is situated at the address 10017 Corinthian Drive.
  • Parcel resides within a desirable Cape May County coastal market.
  • Strategic location offers potential for custom residential development projects.
  • Asset provides an entry point into a stable shoreline municipality.

What's Special

Stone Harbor represents a prominent coastal destination in New Jersey, characterized by its steady tourism industry and appeal as a primary residential market. This residential land parcel situated at 10017 Corinthian Drive provides a specific development footprint within this established borough. The property benefits from the surrounding infrastructure of Cape May County, which sustains consistent interest from regional buyers and seasonal residents. Investors and developers often target residential land in these shoreline communities for custom home construction or long-term portfolio growth. The site coordinates place it within the heart of the local residential fabric, allowing for potential integration into the existing architectural landscape. As supply remains finite in this high-demand coastal submarket, this tract serves as a tangible asset for those seeking to capitalize on the region’s long-term residential viability. Given the zoning patterns in the area, the parcel is well-positioned for traditional housing development catering to the local demographic.

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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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