For SaleRisky Deal100 days on market
5240 SCHOOL ROAD
5240 SCHOOL ROAD, NEW PORT RICHEY, FL 34653, New Port Richey, FL 34653
$249,000
Estimate®:$246,900
Listing Price
5240 SCHOOL ROAD, NEW PORT RICHEY, FL 34653
Loc: New Port Richey, FL
Days Listed
100
Tax Assessed
$275k
Estimate®
$247k
Market Rate
Lot Size
5,950 sqft
Rent Estimate
$1,963/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.
4
Cotee River Elementary School
PK-5
1.6 mi away
2
Gulf Middle School
6-8
0.7 mi away
3
Gulf High School
9-12
0.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence1972CentralCentral Air1 Attached Garage space5,950 sqft100 Days$159
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.48%
Total ROI
78.0%
Cash Flow
$-155/mo
DSCR
0.88
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-155/mo net cash flow with a 5.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in New Port Richey, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-09 | Price change | $249,000 | $159 |
| 2026-08-20 | Price change | $259,000 | $166 |
| 2026-07-29 | Price change | $269,000 | $172 |
| 2026-06-17 | Listed for sale | $274,500 | $176 |
| 2026-06-03 | Listing removed | $275,000 | $176 |
| 2026-04-08 | Price change | $275,000 | $176 |
| 2026-03-02 | Listed for sale | $299,500 | $192 |
| 2026-02-21 | Pending sale | $299,500 | $192 |
| 2026-01-16 | Price change | $299,500 | $192 |
| 2026-01-12 | Price change | $310,000 | $198 |
| 2025-10-27 | Listed for sale | $320,000 | $205 |
| 2025-10-10 | Listing removed | $320,000 | $205 |
| 2025-10-01 | Listed for sale | $320,000 | $205 |
| 2021-04-12 | Sold | $195,000 | $125 |
| 2021-02-03 | Price change | $195,000 | $125 |
| 2020-12-23 | Price change | $190,900 | $122 |
| 2020-11-09 | Price change | $195,900 | $125 |
| 2020-11-06 | Listed for sale | $199,900 | $128 |
| 2017-06-26 | Sold | $136,000 | $87 |
| 2017-04-13 | Listed for sale | $132,900 | $85 |
| 2011-06-09 | Sold | $37,000 | $24 |
| 2011-04-18 | Listed for sale | $39,900 | $26 |
| 2006-10-19 | Sold | $126,500 | $81 |
| 2005-01-23 | Sold | $86,500 | $55 |
| 2004-06-24 | Sold | $81,126 | $52 |
| 2001-10-16 | Sold | $74,500 | $48 |
| 2001-07-03 | Sold | $53,500 | $34 |
| 2001-05-14 | Sold | $45,000 | $29 |
| 1999-01-22 | Sold | $53,000 | $34 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,356.27 | $203,440 |
| 2024 | $3,824.29 | $197,710 |
| 2023 | $3,751.24 | $197,710 |
| 2022 | $3,480.46 | $186,126 |
| 2021 | $1,693.49 | $106,100 |
| 2020 | $1,670.65 | $104,640 |
| 2019 | $1,623.29 | $102,295 |
| 2018 | $1,623.29 | $100,388 |
| 2017 | $1,587.35 | $79,687 |
| 2016 | $1,993.94 | $63,791 |
| 2015 | $1,694.94 | $61,890 |
| 2014 | $1,645.68 | $59,762 |
| 2013 | $0 | $56,591 |
| 2012 | $0 | $58,524 |
| 2011 | $0 | $66,215 |
| 2010 | $0 | $80,415 |
| 2009 | $0 | $91,962 |
| 2008 | $0 | $113,248 |
| 2007 | $0 | $123,493 |
| 2006 | $0 | $117,182 |
| 2005 | $0 | $92,046 |
| 2004 | $0 | $73,844 |
| 2003 | $0 | $70,528 |
| 2002 | $0 | $63,413 |
| 2000 | $0 | $51,618 |
| 1999 | $0 | $51,618 |
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