Royal Wood-Cobblestone Court- Totally and tastefully updated 1st floor condo with NO popcorn or carpeting. 24" porcelain tile throughout. 5" baseboard throughout too. Fabulous view from lanai with eastern exposure for sunrises and morning coffee. Lovely moon rises for happy hour. 2BR/2BA and DEN with built-in desk and pocket doors for privacy. Kitchen has quartz counters and an extra wall of base cabinets for more storage. Open concept in kitchen makes for light and airy living. S/S appliances 2016. Both baths have raised vanities with quartz counters. Master bath has extra large shower-57. 5"wide and 44"deep. Plantation shutters in both bedrooms. Large laundry room. Detached garage. Commuity offers pool, spa, bocce ball court and tennis courts with pickleball lines. Full golf membership and recently updated and expanded clubhouse with enlarged bar area, grill room and totally remodeled dining room. New fitness center and pro shop. Lots of social activities throughout the year-bridge, trivia, bingo, name that tune, holiday parties and more. Easy ride to RSW airport, Botanical Garden, libraries and downtown 5th Ave. shopping and dining, 3rd Ave. So dining and of course the beautiful beach of Naples. The fees reflect the 2025 budget.
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Our Executive Mortgage Banker:
Our Insurance Division:
$365,000
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 | $292,000 | $292,000 | $292,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | $195 | $195 | $195 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,992 | $1,941 | $2,504 |
Total Monthly Payment | $2,262 | $2,211 | $2,774 |
* 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.