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28402 OPENFIELD LOOP
About This Property
Both bathrooms have been remodeled, including luxury vinyl tile, adding a fresh and updated feel.
Several major improvements have already been completed, including a new roof in 2021, gutters and fencing in 2022, Andersen windows installed in 2022, a new HVAC system in 2023, and a water heater replaced approximately 2022–2023. The Andersen windows also include a transferable warranty for the new owner.
With NO HOA, valuable updates, plenty of natural light, and a functional layout, this home offers a wonderful opportunity in an established Wesley Chapel community. Enjoy the Meadow Pointe I Community Center, featuring swimming pools, a splash pad, waterslide, fitness center, tennis and pickleball courts, basketball, racquetball, and playgrounds. Picnic areas, barbecue grills, and gathering spaces offer even more ways to enjoy Florida living. Conveniently located near shopping, dining, entertainment, and major roadways, 28402 Openfield Loop is ready for its next owner. Schedule your private showing today! Some rooms have been virtually staged.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2026 | Price Decreased |
$469,000
↓ $21K
(4.3%) | |
| Price Decreased | |||
| Sep 26, 2026 | Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | $489,999 | |
| Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | |||
| Aug 15, 2025 | Price Decreased |
$489,900
↓ $10K
(2%) | |
| Price Decreased | |||
| Apr 18, 2025 | Price Decreased |
$499,999
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Mar 28, 2025 | Listed | $515,000 | |
| Listed | |||
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Beautifully Upgraded and Conveniently Located in the Savannahs of Meadow Pointe, the First Village off Bruce B Downs with NO HOA, is where you will find this very spacious 4 bedroom/2 bath/2 car garage home situated on a lushly landscaped lot in quiet, well-maintained neighborhood. Upon entry to this newly updated home you will find beautifully tiled flooring in the foyer, the formal living room, kitchen, and laundry area. The dining room boasts gleaming wood floors while upgraded laminate flooring (2020), can be found in the family room and all the bedrooms, The spacious kitchen offers a breakfast nook with sliding glass doors that open onto the covered and screened lanai, an island as well as a breakfast/snack bar that overlooks the huge family room. The kitchen features stainless steel appliances to include nearly new refrigerator, built-in oven, Bosch dishwasher (2022), and brand new microwave (2025). The huge family room boasts beautiful new sliding windows that provide a view of the lushly landscaped backyard (2023). The home has all newly installed windows and sliding doors throughout the home, even the specialty windows (2022). The newly remodeled owner’s retreat, (2022), boasts a huge walk-in closet, glass-enclosed shower with a built-in seat, dual sink vanity with a quartz countertop, and a very unique and cozy sitting area with a glass block window. The secondary bathroom was also similarly remodeled in (2022), but to include a jetted tub and a door to the backyard. Additional Upgrades include New Roof (2021), Gutters (2022) Water Heater (2022), HVAC (2022), and New Fence (2022-. The community amenities are numerous and include swimming pools, water slide, pickleball courts, basketball courts, etc. Conveniently located in the heart of the New Tampa/Wesley Chapel area that boasts two shopping malls, Wiregrass Mall and Tampa Premium Outlets, Restaurants, Entertainment, and Sporting Venues, Hospitals and Medical Facilities, and a short drive to Downtown Tampa, the Airport, and, of course, the Beautiful Award Winning Beaches of St Pete and Clearwater! You will not want to miss this one! Better yet, schedule an appointment to see it for yourself before it is gone!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017