6509 Seaview Avenue

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6509 Seaview Avenue

Wildwood Crest, NJ 08260
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 situated in Wildwood Crest, New Jersey
  • Located at the address of 6509 Seaview Avenue
  • Property falls within the residential asset class category
  • Positioned near major regional transit routes in Cape May County
  • Suitable for development within a established coastal residential market

What's Special

This residential land parcel is positioned at 6509 Seaview Avenue in Wildwood Crest, New Jersey. The property occupies a coastal setting in a region known for its seasonal tourism economy and accessible shoreline access. Given the residential designation of this lot, the site serves as a potential foundation for single-family housing or secondary coastal real estate development. The surrounding submarket is characterized by a mix of vacation properties and permanent residential housing stock, benefiting from proximity to regional transit corridors and the broader Cape May County infrastructure. Investors and developers looking for land acquisitions in this shore point will find this location provides direct entry into a established residential community. Prospective buyers may evaluate the site for new residential construction tailored to either year-round residents or the seasonal rental market common throughout the New Jersey 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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