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Nestled within the prestigious community of Pelican Landing, you will find this delightful corner carriage home in the heart of Cypress Island. Noted for its peaceful location, this neighborhood boasts a beautiful Cypress-lined causeway surrounded by a preserve teeming with wildlife. The property itself features upgraded bathrooms, a renovated kitchen with pantry, an array of premium Bosch appliances, sparkling tile backsplash, and stone counters. High ceilings create a sense of space and grandeur, while the residence comes fully furnished with quality furnishings including Le Creuset cookware, beautiful artwork, and designer lighting. Currently used as a bedroom, the den provides complete privacy. Additionally, a whole house Kinetico water treatment system ensures the highest standard of living. Embrace the abundance of outdoor living with a spacious screened Lanai equipped with hurricane shutters, overlooking a beautifully landscaped grassy area graced with palm trees. New residents will have access to a 34-acre private beach park on Big Hickory Island, tennis courts, bocce and pickleball facilities, a sailing club, canoe and kayak center, and a state-of-the-art fitness center. Experience the epitome of elegance and convenience in this turnkey property, where the optimism of Florida living awaits.
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Our Executive Mortgage Banker:
Our Insurance Division:
$525,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $458 | $458 | $458 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,724 | $2,830 | $3,601 |
Total Monthly Payment | $3,274 | $3,380 | $4,151 |
* 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.