28534 Fairweather DRIVE
About This Property
As you enter, you'll be greeted by a spacious living room, adorned with gleaming hardwood floors that extend throughout the home. Step through an elegant archway into the inviting dining area, seamlessly connected to the eat-in kitchen, making it an ideal space for entertaining guests. The kitchen boasts a large bay window, cabinetry with recessed lighting, and convenient amenities like a breakfast bar and instant hot water heater under the sink providing instant boiling water for tea.
Retreat to the primary bedroom suite, conveniently situated off the living area, featuring a generous walk-in closet, tub, and partitioned water closet. Two additional bedrooms, thoughtfully placed on the opposite side of the living space, share a well-appointed guest bathroom with a handicap-accessible shower. The home also features a bonus room that has been used a home office/art room.
Outside, a tranquil enclosed lanai awaits, offering a peaceful retreat with views of the surrounding conservation area and majestic cypress trees. The home also includes an oversized two-car garage with attic access and ample parking.
Benefitting from recent updates, including a 9-year-old roof, a 4.5-year-old HVAC system, a newer electrical panel (replaced 2023) and instant water heater (installed 2023), this home combines comfort with peace of mind. Additionally, residents of The Hammocks at Meadow Pointe enjoy access to a plethora of community amenities, such as multiple pools, tennis, basketball and pickleball courts, a water slide, game room, gym, and clubhouse.
Conveniently located in Wesley Chapel, this home provides easy access to the interstate, Wiregrass Mall, dining options, great schools including Sand Pine Elementary, John Long Middle School, and Wiregrass High School, as well as the University of South Florida.
With its prime location, abundant amenities, and inviting living spaces, this home offers an unparalleled opportunity to embrace the coveted Florida lifestyle. Don't let this opportunity pass you by-make this exceptional property your own today!
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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%.
How much can I actually make?
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 Meadow Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017