Pre-Construction Opportunity Available!. If you're considering building a new home but don't want to wait 12 months or more, this is the ideal chance for you!. Put your individual touch on your new home by selecting your main floor tile, your bathroom tiles, cabinets, paint colors, and more. Incentives offered Up to $10, 000 towards closing costs or to buy down your interest rate. The home includes a 2-10 Warranty covering 1-year workmanship, 2-year systems, and 10-year structural warranty. Ready for Development: Building permits for this property are approved by the City of Cape Coral, saving you 4-5 months of planning and permitting time. Once closed, the home can be built in just 7 months. Need a loan? Take advantage of our preferred lenders to get pre-approved with a one-time closing. Property Features 3 bedrooms plus a den, situated in sought-after North Cape Coral, within a desirable neighborhood. Contemporary baseboards, well-designed lighting, and attractive landscaping. Spacious living-dining room area complemented by a kitchen with 42" high cabinets featuring slow-close doors and drawers, waterfall edge kitchen island, and stainless-steel appliances. IMPACT doors and windows. Master suite features a tray ceiling, dual closets for his and hers, a shower adorned with floor-to-ceiling tile, and double sinks. Buider gives you personalization options. Personalize this home with your own finishing touches to make it truly your own!. The large back patio and yard have the potential for an outdoor kitchen and/or pool. Pool NOT INCLUDED, optional at buyer's expense. Models available to visit by appointment !!
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Our Executive Mortgage Banker:
Our Insurance Division:
$419,000
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 | $335,200 | $335,200 | $335,200 |
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 | $68 | $68 | $68 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,230 | $2,228 | $2,874 |
Total Monthly Payment | $2,373 | $2,371 | $3,017 |
* 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.