OFF_MARKETGood Deal4 days on market
3708 Heron Island Dr
3708 Heron Island Dr, New Port Richey, FL 34655, New Port Richey, FL 34655
3708 Heron Island Dr, New Port Richey, FL 34655
Loc: New Port Richey, FL
Days Listed
4
Tax Assessed
$399k
Zestimate®
$380k
Market Rate
Lot Size
5,472 sqft
Rent Estimate
$2,721/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Seven Springs Elementary School
PK-5
0.3 mi away
8
Seven Springs Middle School
6-8
1.1 mi away
7
James W. Mitchell High School
9-12
1.3 mi away
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit
Haven AI Verdict
Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.20%
Total ROI
25.7%
Cash Flow
$363/mo
DSCR
1.19
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Data provided by Haven AI. Disclaimer
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10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-04-16 | Sold | $383,000 | $164 |
| 2026-03-15 | Pending sale | $385,000 | $165 |
| 2026-03-09 | Listed for sale | $385,000 | $165 |
| 2024-11-23 | Listing removed | $2,495 | $1 |
| 2024-11-19 | Price change | $2,495 | $1 |
| 2024-11-02 | Price change | $2,575 | $1 |
| 2024-10-17 | Listed for rent | $2,595 | $1 |
| 2023-09-06 | Listing removed | $0 | – |
| 2023-08-23 | Price change | $2,495 | $1 |
| 2023-08-19 | Price change | $2,595 | $1 |
| 2023-08-16 | Price change | $2,695 | $1 |
| 2023-08-11 | Price change | $2,745 | $1 |
| 2023-08-05 | Price change | $2,795 | $1 |
| 2023-07-28 | Price change | $2,895 | $1 |
| 2023-07-20 | Price change | $2,950 | $1 |
| 2023-07-14 | Listed for rent | $3,000 | $1 |
| 2021-04-27 | Sold | $290,000 | $124 |
| 2021-03-21 | Pending sale | $307,500 | $132 |
| 2021-03-12 | Price change | $307,500 | $132 |
| 2021-03-01 | Listed for sale | $314,980 | $135 |
| 2018-07-26 | Sold | $265,000 | $114 |
| 2018-05-23 | Pending sale | $262,000 | $112 |
| 2018-05-01 | Price change | $262,000 | $112 |
| 2018-03-08 | Listed for sale | $265,000 | $114 |
| 2004-08-31 | Sold | $191,273 | $82 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,748.43 | $308,973 |
| 2024 | $4,423.98 | $287,774 |
| 2023 | $4,261.87 | $281,025 |
| 2022 | $3,756.93 | $269,102 |
| 2021 | $2,977.41 | $214,130 |
| 2020 | $2,928.72 | $211,180 |
| 2019 | $2,877.29 | $206,433 |
| 2018 | $2,877.29 | $125,064 |
| 2017 | $1,567.29 | $125,064 |
| 2016 | $1,555.67 | $119,973 |
| 2015 | $1,514.27 | $119,139 |
| 2014 | $1,469.5 | $122,617 |
| 2013 | $0 | $116,446 |
| 2012 | $0 | $117,751 |
| 2011 | $0 | $134,162 |
| 2010 | $0 | $143,031 |
| 2009 | $0 | $147,429 |
| 2008 | $0 | $189,931 |
| 2007 | $0 | $199,141 |
| 2006 | $0 | $188,699 |
| 2005 | $0 | $153,036 |
| 2004 | $0 | $25,771 |
| 2003 | $0 | $25,771 |
| 2002 | $0 | $1,498 |
Institutional Underwriting Ledger
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Data Sources:MLS List Price: $385,000Rent Basis: Observed Comp Model ($2,721/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $193/mo
Haven ScoreRisky
1/ 10
Multi-factor yield grade
Cap Rate (Unleveraged)
4.91%
NOI: $18,918/yr
Cash-on-Cash Yield
-5.7%
On $88,550 invested
DSCR Ratio
0.79x
Negative debt coverage
5-Yr Leveraged ROI
+65.7%
Equity + cumulative cash
Financing Scenario Controls
Adjust down payment & rates to model your personalized returnMonthly Cash Flow Breakdown
Monthly Operating Deductions
Property Taxes (0.98% of basis)-$326/mo
Homeowner / Hazard Insurance-$193/mo
Vacancy Reserve (5% of rent)-$136/mo
Repairs & Maintenance (10% of rent)-$272/mo
Property Management (8% of rent)-$218/mo
Total Pure Operating Expenses-$1,145/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,721/mo
Less: Operating Expenses-$1,145/mo
Net Operating Income (NOI)+$1,576/mo
Less: Debt Service (30yr @ 6.75%)-$1,998/mo
Net Cash Flow
$-421/mo
$-5,054/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:
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