417 E Monterey

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

417 E Monterey

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 asset located in Wildwood Crest, New Jersey.
  • Property features a total of two residential units.
  • Located within a prominent Cape May County coastal market.
  • Well-suited for long-term rental or seasonal housing strategies.
  • Situated at the coordinates 38.9649, -74.8403.

What's Special

Wildwood Crest maintains a stable residential environment along the Jersey Shore, serving as a desirable destination for both seasonal visitors and year-round inhabitants. This multifamily apartment building, situated at 417 E Monterey, provides a footprint suitable for rental income generation in a coastal market. With a configuration consisting of two units, the property offers a straightforward investment profile for those seeking to build or manage a residential portfolio in this Cape May County community. Investors may find value in the property's proximity to regional beach attractions and local coastal infrastructure. The asset is well-positioned for traditional long-term leasing or as a potential vacation rental operation, depending on individual management strategies. The local economy relies heavily on tourism and seasonal housing demand, making a duplex-style apartment building an efficient addition to an existing real estate holding. Its location within the borough places residents within reach of the boardwalks and recreational amenities that characterize the broader South Jersey coastline.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

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