4235 RICHMERE DRIVE 4235, New Port Richey, FL 34652
Maintenance-free 2 bedroom condo in 55+ community.
- Added:
- Mar 15, 2025
- Days on Market:
- 482
- Last Refresh:
- Apr 5 at 8:57 pm
Property Features for 4235 RICHMERE DRIVE 4235
General Information
- Standard status
- Active
- Size
- 831 SF
- Lot size
- 0.01 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1971
Listing office BHHS FLORIDA PROPERTIES GROUP (727) 564-3210
Listing date Mar 15, 2025
Source Exitrealty
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 BHHS FLORIDA PROPERTIES GROUP
HighLights
- Maintenance‑free living: exterior maintenance, cable, internet, water, and sewer covered.
- Enjoy the community pool, fishing area, and clubhouse in this 55+ Community.
- Pre‑Inspected Condo offers peace of mind.
- HOA covers flood insurance.
- Secure and Quiet Environment for peaceful living.
- Cozy 2 Bedroom / 1 Bath Condo: a comfortable and manageable living space.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.0k | $18.00 |
| − Vacancy | −$1.1k | −$1.28 |
| EGI | $13.9k | $16.72 |
| − OpEx | −$6.3k | −$7.52 |
| NOI | $7.6k | $9.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Port Richey
- County
- Pasco
- State
- Florida
- Longitude
- -82.745321
- Latitude
- 28.2209527