365 96TH Street

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365 96TH Street

Stone Harbor, NJ 08247
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).

  • Four-unit multifamily apartment building located in Stone Harbor.
  • Property situated at 365 96th Street in the 08247 ZIP code.
  • Residential asset ideal for annual or seasonal rental income strategies.
  • Well-positioned within an established coastal New Jersey residential market.
  • Direct access to regional shore amenities and local business districts.

What's Special

This 4-unit apartment building stands at 365 96th Street in Stone Harbor, New Jersey. Located within a coastal community known for its seasonal tourism and steady residential appeal, this multifamily asset provides a consistent housing option in the 08247 ZIP code. The property serves as a functional investment for those seeking a manageable residential footprint within this established shore town. Investors may find the asset suitable for a variety of rental strategies common in this region, ranging from annual leasing to seasonal accommodations. The building benefits from the proximity to regional coastal amenities and local commercial districts that drive the area's ongoing economic vitality. Owners can leverage the site's footprint to capture steady demand from individuals looking for apartment living near the Atlantic coastline.

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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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