HIGHLY MOTIVATED SELLER! Welcome home to Arbor Trace and the Pine A floorplan! You belong here! This home is a very attractive and fully furnished 1B/1B 788 sq. ft. residence that lives larger then you may think! This well maintained condo provides 100% equity ownership in beautiful Arbor Trace, an independent active senior living community located ALONG the GULF in gorgeous Naples Florida! Your floorplan includes laminate wood flooring throughout the main living area and tile in the wet areas. A FULLY-ENCLOSED glass lanai expands the main living space and provides bright abundant natural light and a green area tropical vista. The bathroom includes a comfort height vanity and water closet along with a bi-pass glass enclosed shower. A dazzling array of social activities and life-long learning options are complimented by wonderful meeting spaces throughout the community to include a fine dining restaurant, and the 17th floor Top of the Pointe - THE SPOT for viewing sunsets over the Gulf. A full menu of support programs to include 24/7 safety monitor/response system are provided in conjunction with Arbor Glen, the on-site highly credentialed assisted living residence, which provides peace of mind with priority placement for our residents, based upon availability, should the need ever arise. A carport and extra storage spaces are also included with this wonderful unit. There are plenty of resort style amenities to enjoy on-site with great memories just waiting to be made! There are fun excursions and community activities available to for all to experience and share with new friends. It's always a great day here at Arbor Trace. You belong here!
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Our Executive Mortgage Banker:
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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 | $139,920 | $139,920 | $139,920 |
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 | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | $42 | $42 | $42 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $931 | $930 | $1,200 |
Total Monthly Payment | $1,048 | $1,047 | $1,317 |
* 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.