9508 Sunset Drive

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9508 Sunset Drive

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).

  • Multifamily residential building located in Stone Harbor, New Jersey.
  • Property configuration includes two individual rental units.
  • Situated on Sunset Drive within the 08247 zip code area.
  • Investment potential within a established coastal New Jersey market.
  • Suitable for long-term hold or short-term vacation rental strategies.

What's Special

Stone Harbor remains a destination along the New Jersey coast, providing a steady environment for residents and seasonal visitors alike. This multifamily asset, situated on Sunset Drive, features two distinct residential units. The property serves as a functional investment for those seeking to build a presence in the local housing market, which benefits from the community's coastal appeal and regional accessibility. Prospective owners may consider utilizing these units for year-round rental income or as vacation retreats for occupants drawn to the shore. The structure provides a straightforward footprint for residential management within this specific submarket of Cape May County. Investors focused on income-producing real estate will find the building's layout suitable for maintaining residential tenants in a high-demand area known for its stable housing dynamics.

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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

Location & Travel Times