Ideal Moorings location with serene water views and tropical breezes. This bright and light corner unit has been completely remodeled from floor to ceiling. You will love the new expanded open kitchen featuring an upgraded quartz countertop, new flooring in living area plus the bathrooms and lanai, updated bathrooms, new recessed lighting, plantation shutters, new French doors, Kitchen-Aid appliances, hurricane glass doors/windows, and new light fixtures & fans. This outstanding floor plan encompassing approximately 1625 sq. ft. make this Moorings condo one to see! Features extra storage, new roof, new exterior painting, and new lighting. l. This property is nestled in the heart of Naples, minutes from shopping, fine dining, and the private Moorings beach club that provide members with beach access, cabana with bathrooms & grills, and ample parking. Somerset at Moorings is located very close to 5th Avenue and the white sand beaches giving you the best of what Naples has to offer. Vacant and easy to show.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.439% | 6.273% | 5.268% |
Monthly Tax Payment | $305 | $305 | $305 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,489 | $3,398 | $2,325,340 |
Total Monthly Payment | $3,886 | $3,795 | $2,325,737 |
* 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.