FURNISHED 2 Bedroom, 2 Bathroom FIRST FLOOR END UNIT condo located at desirable NEWPORT in Punta Gorda. This light and bright unit offers an open and split bedroom floor plan with Great Room/ Dining Area, well equipped Kitchen, Inside laundry and rear screened Lanai. The Great Room features laminate flooring, dry bar and sliding glass doors to the lanai. The Kitchen offers a breakfast bar, space for a table, raised panel cabinets with crown molding, Corian counters, refrigerator, oven/range, microwave, dishwasher and disposal. There is an Inside Laundry closet with washer, dryer and shelves. Your Master Bedroom suite has a walk in closet and private bathroom with walk in shower and vanity space to apply your makeup. There is a generous sized second bedroom with double closet and the guest bathroom has a tub/shower combination. Your living space extends via sliding glass doors to the screened lanai with vinyl windows. Private view of trees and plants. Other features include rain gutters, tankless HWH, extra windows (end unit). The unit has an assigned parking space and there are guest spaces as well. Utilities are county water and sewer. NEWPORT offers a huge heated community pool, bocce, pickleball, shuffleboard, tennis courts, clubhouse. Two minutes to shopping, dining, I-75, entertainment, short drive to medical care and only 15 minutes to historic downtown Punta Gorda waterfront dining, shopping, parks.
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Our Executive Mortgage Banker:
Our Insurance Division:
$195,000
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 | $156,000 | $156,000 | $156,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $66 | $66 | $66 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,038 | $1,037 | $1,316 |
Total Monthly Payment | $1,179 | $1,178 | $1,457 |
* 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.