709 Route 9
About This Property
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 4, 2024 | Listed | $1,775,000 | |
Listed | |||
![]() ![]() ![]() | |||
Nov 5, 2024 | Listed | $64,900 | |
Listed | |||
![]() ![]() ![]() | |||
Campground Living at Its Finest! Experience the joy of nature
combined with modern comfort in this cozy 1-bedroom, 1-bathroom
getaway. Step into a spacious living room, a full kitchen perfect
for cooking up a feast, and a large screened-in porch ideal for
relaxing and taking in the serene surroundings. Located in a
vibrant campground with amenities for all ages, this property
offers access to 2 sparkling pools, multiple playgrounds, tennis
and pickleball courts, an adult lounge, a snack…
| |||
Oct 25, 2024 | Listed | $32,000 | |
Listed | |||
![]() ![]() ![]() | |||
*Seasonal Campground* May 1st - October 31st. Welcome to your
peaceful retreat in the heart of Cape Island Resort's seasonal
campground, where this charming mobile home is perfectly positioned
on an oversized corner lot with two convenient driveways. Offering
one cozy bedroom and one bath, this home is an ideal escape for
those seeking serenity just minutes away from the sandy beaches of
Cape May and Wildwood. Step into the bright and airy Florida room,
flooded with natural light, creating…
| |||
Oct 22, 2024 | Price Decreased |
$10,000
↓ $9K
(46.8%) | |
Price Decreased | |||
Oct 16, 2024 | Price Decreased |
$18,800
↓ $10K
(34.7%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/19/2024
|
1 Bed
|
1 Bath
|
-
|
$43,500
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
06/04/2024
|
1 Bed
|
1 Bath
|
-
|
$75,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
06/04/2024
|
2 Bed
|
1 Bath
|
-
|
$89,900
2 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
06/04/2024
|
4 Bed
|
1 Bath
|
-
|
$79,000
4 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
05/29/2024
|
1 Bed
|
1 Bath
|
-
|
$49,900
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
05/29/2024
|
2 Bed
|
1 Bath
|
-
|
$62,000
2 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
05/29/2024
|
2 Bed
|
1 Bath
|
-
|
$68,000
2 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
05/09/2024
|
1 Bed
|
1 Bath
|
-
|
$75,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
03/28/2024
|
2 Bed
|
1 Bath
|
-
|
$25,000
2 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
03/22/2024
|
1 Bed
|
1 Bath
|
-
|
$75,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
03/19/2024
|
1 Bed
|
1 Bath
|
-
|
$72,500
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
03/13/2024
|
1 Bed
|
1 Bath
|
-
|
$45,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
02/21/2024
|
1 Bed
|
1 Bath
|
-
|
$44,995
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
02/02/2024
|
1 Bed
|
1 Bath
|
-
|
$56,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
01/18/2024
|
3 Bed
|
1 Bath
|
-
|
$20,000
3 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
12/18/2023
|
3 Bed
|
1 Bath
|
-
|
$73,000
3 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
11/16/2023
|
2 Bed
|
1 Bath
|
-
|
$30,000
2 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
11/14/2023
|
1 Bed
|
1 Bath
|
-
|
$63,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
11/08/2023
|
1 Bed
|
1 Bath
|
-
|
$68,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
11/02/2023
|
1 Bed
|
1 Bath
|
-
|
$78,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
10/26/2023
|
1 Bed
|
1 Bath
|
-
|
$48,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
10/22/2023
|
1 Bed
|
1 Bath
|
-
|
$25,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
10/18/2023
|
1 Bed
|
1 Bath
|
-
|
$76,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
10/02/2023
|
1 Bed
|
1 Bath
|
-
|
$70,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
09/19/2023
|
1 Bed
|
1 Bath
|
-
|
$65,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
09/13/2023
|
1 Bed
|
1 Bath
|
-
|
$63,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
08/23/2023
|
1 Bed
|
1 Bath
|
-
|
$20,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
08/09/2023
|
1 Bed
|
1 Bath
|
-
|
$67,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
08/09/2023
|
1 Bed
|
1 Bath
|
-
|
$79,900
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
08/09/2023
|
1 Bed
|
1 Bath
|
-
|
$60,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
08/02/2023
|
1 Bed
|
1 Bath
|
-
|
$55,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
07/23/2023
|
1 Bed
|
1 Bath
|
-
|
$68,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
07/12/2023
|
1 Bed
|
1 Bath
|
-
|
$72,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
06/28/2023
|
1 Bed
|
1 Bath
|
-
|
$35,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
06/10/2023
|
1 Bed
|
1 Bath
|
-
|
$49,000
1 Bed
1 Bath
|
-
-
|
-
|
Elizabeth Cotterell
Cape Island
| |
05/17/2023
| |
1 Bed
|
1 Bath
|
-
|
$50,000
1 Bed
1 Bath
|
-
-
|
-
|
Melissa Jastremski
deSatnick Real Estate LLC - North Wildwood
|
05/04/2022
| |
1 Bed
|
1 Bath
|
700 ft²
|
$50,000
1 Bed
1 Bath
700 ft²
|
-
-
|
-
|
Melissa Jastremski
deSatnick Real Estate LLC - North Wildwood
|
04/17/2018
| |
1 Bed
|
1 Bath
|
-
|
$49,000
1 Bed
1 Bath
|
-
-
|
-
|
-
|
07/08/2017
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
|
01/18/2013
|
2 Bed
|
1 Bath
|
-
|
$49,900
2 Bed
1 Bath
|
$43,000
-13.83%
07/19/2013
|
-
|
Linda Carbone
Avalon
|
Building Info
