Price Improvement! Gorgeous Lot in Pine Valley, the newest subdivision of Rotonda West. These "ready to build" lot is mostly cleared, and offer views of green fairways and golf trails meandering around grassy hills and sparkling lakes. The lakes of Pine Valley are a magnet for osprey, eagles, egrets, heron, and annual bird migrations providing exciting wildlife shows. These lot is located on a dead-end street with no through traffic. Pine Valley is characterized by newer, upscale homes. It is part of the deed restricted community of Rotonda West which offers several outstanding golf courses for the golfing enthusiasts. Rotonda West is conveniently located to Boca Grande known for is world class tarpon tournaments, three airports for travel convenience - Sarasota, Punta Gorda & Fort Myers, 3 beautiful beaches, shopping, restaurants, water sports, and so much more. Ask your Realtor for a list of reputable builders to help you get started with building that dream home of yours. Many new homes are being built through out this amazing community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$53,500
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 | $42,800 | $42,800 | $42,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $285 | $284 | $367 |
Total Monthly Payment | $360 | $359 | $442 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.