Under contract-accepting backup offers. Under Construction. Completion In April! This Cottage Style Home features shiplap, open floorpan, a front porch, 3 bedrooms PLUS an office with sliders overlooking the Lani. Split floor plan allows for owner's privacy, with an open floor plan that's welcoming for entertaining! Upgrades galore with **Solid wood cabinetry with SOFT CLOSE & TOP TRIM, **Crown molding throughout, **Level 4 granite throughout, **Porcelain plank flooring throughout. **Laundry room cabinetry with sink vanity, **Shiplap decorative accents in Kitchen, Master Bedroom, & Living Room, **3 car garage, **High end fixtures, ceiling fans, & lighting, **TILED TO CEILING showers with benches, **Kitchen tiled backsplash. . . just to name a few! This Florida paradise provides a 32' covered lanai for fun in the sun! Plenty of storage space in this well thought out designed home that has walk-in closets, linen closets, 2 large kitchen pantries, & a laundry room closet! Located in one of the most park-friendly Communities in Southwest Florida, South Gulf Cove offers 4 Parks with convenient amenities such as *boat ramp, *kayak launch, *fishing at each park, *fitness & nature trails, *playground, *basketball, *picnic tables, *BBQ grills, *picnic shelters, *picnic tables, *restrooms. and even *facility rentals! ***8 other properties and floor plans available, call for details.
***PLEASE NOTE - This home is at drywall. It will be completed in 8 weeks. The pictures for this listing are representative of the subject home being constructed. Interior and exterior paint colors, shingle colors, tray ceilings, fans, lights, manufacturer of appliances, and landscaping are subject to change.
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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 | $399,920 | $399,920 | $399,920 |
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 | $53 | $53 | $53 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,661 | $2,658 | $3,429 |
Total Monthly Payment | $2,788 | $2,785 | $3,556 |
* 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.