Under contract-accepting backup offers. Under Construction. NEW CONSTRUCTION WATER VIEW HOME! Located in the ever-growing city of Punta Gorda. This beautiful 2, 412 square feet Rainbow Coastal single family home includes 3 spacious bedrooms, 2. 5 bathrooms, a flex space and a HUGE three-car garage with epoxy finish. This new construction home sits on our community's gorgeous pond with water views that lead in from the kitchen and casual dining area to your backyard oasis. Inside your home features architectural elements including tray ceilings in the primary bedroom and great room creating luxurious 10' ceilings throughout your main living areas! This home includes hand-picked design selections including upgraded Shaw tile located throughout your entire home- No carpet! Your chef's kitchen features Whirlpool stainless steel appliances including dishwasher, 36" side-by-side refrigerator, 36" gas cooktop, range hood, wall oven, and wall microwave along with beautiful Viatera quartz countertops, polished chrome Kohler pull-down faucet, stainless steel farmhouse sink, and soft-close cabinets and drawers throughout your kitchen. Inside your primary bedroom suite features gorgeous Viatera quartz countertops and upgraded soft-close cabinets and drawers within your spa-style bathroom. Step outside to your fantastic, upgraded outdoor living space including a spacious covered lanai with an exterior full height privacy wall, pre-plumbing for your future outdoor kitchen, and gorgeous 12' wide sliding glass doors. Don't forget about the laundry! Your spacious laundry room is equipped with Kohler sink and faucet, Whirlpool washer and gas dryer, and additional soft-close cabinetry for extra storage. All windows and doors are hurricane impact glass creating substantial safety during Florida's hurricane season. Brand new construction home, up to all the latest building codes with builder warranty. This home is located close to additional Babcock Ranch amenities with TWO SWIMMING POOLS (Cypress Lodge & Lake Timber) Tennis, Pickle Ball courts, Fitness Center, Shopping, Restaurants, and community events. Babcock Ranch has over 20 miles of walking/jogging/biking trails and kayak launches along our beautiful lakes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$607,995
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 | $486,396 | $486,396 | $486,396 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,195 | $3,195 | $4,072 |
Total Monthly Payment | $3,287 | $3,287 | $4,164 |
* 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.