2348 Hidden Lake DR, Naples, FL, 34112 | $359,900

PRICE IMPROVEMENT . . . WELCOME TO FALLING WATERS: A picturesque, quiet and friendly community. Tucked away in the ORCHID FALLS Community is this meticulously maintained TURNKEY furnished home. This lakefront gem boasts two screened lanais (one in the front and one in the back), along with a storage room and a covered single-car carport. Situated on the ground floor as an end unit, it offers breathtaking views of the lake and showcases mature landscaping, all while being flooded with sunlight. Offering an expansive great room and dining area. The gourmet kitchen features solid surface counters and crisp white cabinets with custom under cabinet lighting and an eat-in kitchen. A nice sized master suite with lake views and access to the screened lanai. Your 2nd bedroom offers space for guests and a tub/shower combo bathroom. Falling Waters is a gated community with 24-hour security. Enjoy cascading waterfalls and one of the largest pools in SW Florida. A fantastic clubhouse with kitchen, dance floor and social activities are offered plus lighted har-tru tennis courts, bocce ball & shuffleboard. Falling Waters is a short drive to the famous 5th Avenue restaurants, shopping and pristine beaches. The seller has REPLACED POLYBUTYLENE PLUMBING in the home, offering an advantage when pricing insurance coverage. Also, favorable rental policies in place, for great investment opportunities.

Features

  • Building Design: Low Rise (1-3)
  • Parking: 1 Assigned,Driveway Paved,Guest,Paved Parking
  • Heating: Central Electric
  • Cooling: Central Electric,Exhaust Fan
  • Levels: 2
  • Amenities: Basketball,Bocce Court,Clubhouse,Community Pool,Internet Access,Library,Putting Green,Shuffleboard,Sidewalk,Tennis Court
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: ORCHID FALLS
  • Development: FALLING WATERS
  • Year Built: 1993
  • Approx Sq. Feet: 1,214
  • Est. Taxes: $2,771
  • Condo Fee: $1,500 Quarterly
  • Master HOA Fee: $472
  • Lot Desc: Zero Lot Line
  • View: Lake,Landscaped Area
  • Community Type: Gated
  • Water Front: Yes
  • Elem. School: CALUSA PARK
  • Middle School: EAST NAPLES
  • High School: LELY HIGH SCHOOL
  • Pet Policy: Limits
  • MLS#: 224028181
  • Website: https://www.raveis.com
    /prop/224028181/2348hiddenlakedr_naples_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of John R Wood Properties

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NMLS Mortgage Loan Originator ID 16953

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2348 Hidden Lake DR, Naples, FL, 34112

$359,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $287,920 $287,920 $287,920
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 $231 $231 $231
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,796 $1,749 $1,197,267
Total Monthly Payment $2,102 $2,055 $1,197,573

* 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.