Furnished Four-Bedroom Short-Term
For Sale
Contact for pricing
5708 Park Boulevard Unit 7, Wildwood Crest, NJ 08260
Available for seasonal stays from October through May 31, with utilities and Wi-Fi included.
Property Size1,652 SF
Days on Market8
Property Features for 5708 Park Boulevard Unit 7
General Information
Standard status
Active
Size
1,652 SF
Property subtype
Triplex
Additional Details
Utilities to Site
Yes
Amenities
in-unit washer and dryer
outdoor space
Building Details
Building Size
1,652 SF
Year Built
1986
Buildings
1
Tenancy
Multi
Listing Agency:
VANGUARD REALTY ALLIANCE, LLC
Listed By:
Steven Seymour
(484) 880-1236
Source:
Teamoceanside
Added: Oct 26
Changed: Oct 31
Last Checked: Nov 1 at 2:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VANGUARD REALTY ALLIANCE, LLC
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Investment Insights
Based on property information with market context.
Set within a triplex, this furnished residence has four bedrooms and two full bathrooms. The open living and dining area connects to an updated kitchen with stainless steel appliances, ample counter space, and a seating island. An in-unit washer and dryer and outdoor space are also included. The building dates to 1986.
The property is approximately one block from the bay and six blocks from the ocean, in Wildwood Crest, New Jersey. The rental period is limited to the off-season, from October through May 31; year-round occupancy is not offered. Utilities and Wi-Fi are included.
The property is approximately one block from the bay and six blocks from the ocean, in Wildwood Crest, New Jersey. The rental period is limited to the off-season, from October through May 31; year-round occupancy is not offered. Utilities and Wi-Fi are included.
Key Highlights
- Furnished four‑bedroom, two‑bath residence in a triplex
- Kitchen with stainless steel appliances and a seating island
- In‑unit washer and dryer; outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,477
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,540
$449.5K
Cap Rate 7%
$321,100
$321.1K
Cap Rate 9%
$249,744
$249.7K
Market Conditions
NOI Build-Up for 1,652 SF
Gross rent
$43.0K $26.04/SF
− Vacancy
−$2.2K −$1.30/SF
EGI
$40.9K $24.74/SF
− OpEx
−$18.4K −$11.13/SF
NOI
$22.5K $13.61/SF
Area
Cape May County, NJ
Vacancy
5.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,540
Cap Rate 7%
$321,100
Cap Rate 9%
$249,744
Alternative Uses
Best Use
Apartment 5plus
$321.1K
$281.0K – $374.6K
NOI $22,477 @ 7.0% cap · market cap 804.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$505.7K
$442.5K – $590.0K
NOI $35,398 @ 7.0% cap · market cap 1,266.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,027
Businesses Nearby
Explore this area
Business Placement
Demographics for 08260, NJ
12,964
Population
23,076
Households
0.6
Avg Household Size
53
Median Age
28%
College-Educated
93%
High-School Grad
15.9 sq mi
ZIP Area
815
Density / Sq Mi
$71,549
Median Household Income
$40,361
Median Earnings
$1,182
Median Rent
$441,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Short term rental property - Available for seasonal stays from October through May 31, with utilities and Wi-Fi included.
Where is this short term rental property located?
The property is located at 5708 Park Boulevard Unit 7 Wildwood Crest, NJ.
What are key features of this property?
This property features: Furnished four‑bedroom, two‑bath residence in a triplex; Kitchen with stainless steel appliances and a seating island; In‑unit washer and dryer; outdoor space
