PRICE IMPROVEMENT!! Tranquility and convenience await you at this rare END UNIT, 3 bedroom, 2 ½ bath, 2 car garage townhome in this highly desirable gated community. Prestigious Kapok Grand is just minutes from MADEIRA BEACH and the beautiful Gulf of Mexico. Enjoy all the advantages of living near the beaches in your peaceful slice of paradise. When you enter this welcoming home, you will first notice the BEAUTIFUL wood flooring complemented by Versailles pattern porcelain tile in the wet areas. As you turn the corner, you will find the spacious den/office that is perfect for working from home or perhaps a TV or craft room. Then return to the main, open area featuring a dream kitchen, dining room and great room. This SPACIOUS kitchen offers newer appliances, an amazing amount of 42” wood cabinets, a pantry, low maintenance backsplash, and granite countertops. The high bar area provides a place to sit for a quick bite as well as useful space. The great room/dining room area makes entertaining so easy! The grand staircase that leads to the second floor continues the breathtaking wood floors. Three generously sized bedrooms are on the second floor, along with a laundry room with a large linen closet for storage. The OVERSIZED master bedroom and en suite bathroom features a large walk-in closet and a huge luxurious shower. When you are ready to enjoy a quiet area outside, just step out to your large screened room which includes a ceiling fan. All of this plus full interior sprinkler system, ceiling fans, PLANTATION SHUTTERS and storage galore with oversized closets and under-stair storage space. The large 2-car garage features extra storage as well as a built-in WATER SOFTENER! Kapok Grand offers a lot for a low monthly HOA fee that includes entry gate, basic cable, exterior paint, roof repair & replacement, heated swimming pool, fully equipped fitness area with locker bathrooms, game room, picnic area with gazebo, and gorgeous scenery. Two pets are welcome and rentals are permissible with a minimum of a 6-month lease! This one will not last long, schedule your showing today! Room Feature: Linen Closet In Bath (Primary Bedroom).
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$579,000
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 | $463,200 | $463,200 | $463,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $385 | $385 | $385 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,082 | $3,079 | $3,906 |
Total Monthly Payment | $3,559 | $3,556 | $4,383 |
* 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.