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4933 SHELL STREAM BOULEVARD
About This Property
Stream Blvd in New Port Richey, a beautifully remodeled 3-bedroom, 2-bath waterfront home in
the Flor-A-Mar community. Enjoy wide-open water views from inside the home through two sliding
glass doors that fill the space with natural light and showcase the waterfront setting. Boating
enthusiasts will love the brand-new boat lift and direct Gulf access, allowing you to enjoy the
Florida boating lifestyle right from your own backyard. Major improvements include a roof
approximately four years old and an A/C system approximately two years old. The home is
being sold partially furnished, with all gym equipment, washer, and dryer included. The one-car
garage features epoxy flooring for a clean, finished look. Out front, you'll find a wonderful
shaded porch, perfect for morning coffee, relaxing at the end of the day, or spending time outside
with your four-legged friends. With its beautifully remodeled interior, incredible water views, direct
Gulf access, new boat lift, valuable updates, and inviting outdoor spaces, this home offers an
exceptional opportunity to enjoy the Florida waterfront lifestyle. Bring your boat and start living
the Gulf Coast dream!!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Flor-a-mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017