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Property profile & analytics
OFF-MARKET
Assisted living facilities
6004 Illinois Ave, New Port Richey, FL 34653-4210
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-8735460
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1955
Total area
2,268 SF
Lot
0.52 ac (22,500 SF)
Zoning code
00R3
APN
09-26-16-0030-14300-0060
UPID
US18-8735460
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Theresa Mcfetridge · 12 yrs held
Theresa Mcfetridge
since 2014
6 recorded transactions
Zoning & alternative use
00R3 · New Port Richey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Port Richey submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,981
Tax year 2023
Assessed value
$268,014
Assessed 2023
Previous assessed
$237,771
+12.7% YoY
Effective rate
2.23%
On assessed value
Assessed land
$41,205
Assessed improvement
$226,809
Land market value
$41,205
Improvement market value
$226,809
Total market value
$268,014
Applied tax rate
60.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1955
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
132
Bathrooms
2
Total area
2,268 SF
Lot
0.52 ac (22,500 SF)
Zoning code
00R3
APN
09-26-16-0030-14300-0060
UPID
US18-8735460
Jurisdiction
PASCO
Zoning & alternative use
00R3 · New Port Richey, FL
Zoning 00R3 · permitted uses
00R3 · New Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Port Richey. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
132
Bathrooms
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Theresa Mcfetridge
Individual
Mailing address
5714 MONROE ST, NEW PORT RICHEY, FL 34653-4260
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2014
$172,300
Theresa Mcfetridge
Manalad,isidro C & Aurora
Quit Claim Deed
related
—
Aug 16, 2005
$220,000
Isidro C Manalad
Robert Simmons
Warranty Deed
$198,000 · Aegis Wholesale Corp
Aug 11, 2003
$40,200
Robert E Simmons
Simmons,joann M & Robert E
Grant Deed
related
$86,000 · First Franklin Financial Corp
Oct 25, 2001
$84,900
Joann M Simmons
France,shawn J
Grant Deed
$80,655 · Ctx Mortgage Co
May 18, 1998
$54,000
Shawn J France
Pappalardo,edna
Grant Deed
$43,000 · Republic Bank
—
—
Robert Simmons
—
Deed Of Trust
related
$25,200 · Taylor Bean & Whitaker Mtg
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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