904 S Bayview Drive

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904 S Bayview Drive

Strathmere, NJ 08248
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 parcel located at 904 S Bayview Drive in Strathmere.
  • Property is situated within the desirable barrier island region of New Jersey.
  • Strategic location offers proximity to regional coastal amenities and recreational activities.
  • The site supports development for a custom residential or vacation home.
  • Strathmere provides a tranquil atmosphere within the competitive Cape May County market.

What's Special

This residential land parcel at 904 S Bayview Drive provides a strategic foothold in the coastal community of Strathmere, New Jersey. Situated along the barrier island chain, this location benefits from the steady appeal of the Cape May County shoreline, characterized by a seasonal influx of visitors and a robust vacation rental market. The surrounding region maintains a quiet, residential atmosphere that is highly sought after by those prioritizing proximity to the Atlantic coast and local waterways. As a residential development site, this property is suitable for individuals or investors looking to construct a custom coastal residence or a second home within a established seaside environment. The site leverages the area's well-known reputation for maritime activity and recreational access, making it a viable option for residential builders or private owners seeking long-term value in a premier southern New Jersey submarket.

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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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