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Wow! What an opportunity to own this well-cared-for five-bedroom plus den (The Master Suite, two additional bedrooms and the den are all downstairs), three-bathroom, direct access pool home right in the heart of the new construction in northwest Cape Coral. Come see what all the talk is about! Some of the recent improvements include newer impact windows and doors (except for two doors which have shutters), a newly installed roof after Hurricane Ian, and a whole-house 24kW generator with a buried 500-gallon propane tank. The generator has only 300 hours on it and has just been serviced. Additionally, the home comes with a one-year home warranty covering the major mechanical components, which starts on the day of closing. The circular driveway makes it easy to enter and exit. For boaters, there is a covered lift in the back that can hold up to 10, 000 lbs. The dock is equipped with electricity and water, and it can accommodate a 30-foot boat. The city water and sewer are in and all the assessments are paid in full. The home features a roof that was installed after Hurricane Ian and is a durable 50+/- year metal roof with a ceramic coating. While the photos are great, they do not do the home justice. There is so much happening in northwest Cape Coral right now, so come and be part of the excitement! This home deserves a look before you make any decisions about other properties in the area, so call your agent today before this opportunity slips away!
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Our Executive Mortgage Banker:
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$1,100,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.375% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.511% | 6.415% |
Monthly Tax Payment | $976 | $976 | $976 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,347 | $5,490 | $7,545 |
Total Monthly Payment | $6,448 | $6,591 | $8,646 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.