Wonderful Residential cornet lot with 11, 108sqft located in a growing area of Cape Coral. The lot is clear of trees, ready to build your dream house. Short distance from Chiquita Blvd, shopping centers, restaurants, medical, supermarket, Coral Oaks Golf Course, etc. Close to Fort Myers Beach. Cape Coral is a vibrant & friendly community w/all the beauty that you expect from Southwest Florida. It is a safe community and a great place to raise a family. Also offers up the ideal destination for many retiring baby boomers. It is mainly a residential area with over 400 miles of canals. Most of the canals are navigable and some provide access to the Gulf of Mexico, and boaters are a short ride away from the nearby barrier islands of Captiva, Cayo Costa and Sanibel. Hurry!
This won’t last long!
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Our Executive Mortgage Banker:
Our Insurance Division:
$79,999
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 | $63,999 | $63,999 | $63,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $431 | $425 | $540 |
Total Monthly Payment | $506 | $500 | $615 |
* 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.