136 W Buttercup Road

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136 W Buttercup Road

Wildwood Crest, 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 apartment building located at 136 W Buttercup Road.
  • Property features a total of two residential units.
  • Situated within the coastal community of Wildwood Crest New Jersey.
  • Asset suitable for long-term rentals or seasonal vacation housing.
  • Positioned near regional beaches in the Cape May County market.

What's Special

Wildwood Crest is a popular coastal community in New Jersey, known for its consistent seasonal tourism and residential stability along the Atlantic shoreline. This multifamily apartment building is situated at 136 W Buttercup Road, placing residents within reach of local beaches and the broader regional economy of Cape May County. The submarket attracts a mix of vacationers and long-term tenants, contributing to steady demand for rental housing in the immediate area. Comprising two units, this asset functions as a manageable investment for those looking to expand a residential portfolio in a seaside market. The property provides a functional footprint suitable for permanent housing or seasonal vacation rentals. Investors and owner-operators can leverage the dual-unit configuration to capture income from the coastal rental market, where proximity to the waterfront remains a primary driver for property value and tenant retention.

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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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