LAKEFRONT NEW CONSTRUCTION! Start your summer off in fashion, with this quaint 3+Den/3 bath Pool Home and the many "convenience" upgraded features that are easily noticed throughout the home. You'll enjoy the Serenity that SWFL waterfront offers, with this Southern exposure Lake view home -- the real treat comes from having these views from the comfort of your own Heated Pool & Spa that is already in place and ready for use!! Some notable upgraded features (inside) include but not limited to: Impact Glass throughout, Paver driveway, SS Smart Appliance package, tastefully selected Lighting & Fan package, Jacuzzi Tub in Master bath, Custom wood shelving (Uppers & Mid's) in closets, Level 3 Quartz, Solid plank flooring throughout & dove tail soft close cabinetry. Notable (exterior) features include: Privacy wall with electric for a future outdoor kitchen option & doubles for privacy just outside the master bedroom, Pool Heater (to be installed once possession has transferred), fully automated Pool/Spa feature that gets programmed once Wi-Fi is brought to the home, beautiful double Rain Glass entry doors, steps with hand rail leading down from Pool lanai to rear of property, Epoxied garage floor, Metal Roof & Flat panel insulated garage door! The fully automated spa package allows you to enjoy an evening on the town & have your hot tub readied at the desired temp upon your arrival to cap the night! Located in the Burnt Store Lakes Community, you'll be able to enjoy the 11 man made/fish filled Lakes, large park area with pavilions for your afternoon picnics, Canoe/Kayak launch & a fishing pier if you decide to throw a couple lines in the water! The neighboring community (Burnt Store Marina) offers a public Golf course, fitness center, two restaurants & what is noted as the largest deep water (boat launch and storge) Marina in SWFL!! Transient location being just 20 minutes to Downtown Punta Gorda or to the heart of Cape Coral. Lastly for peace of mind- All Builder and Mechanical warranties will convey with the sale of home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$622,500
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 | $498,000 | $498,000 | $498,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $114 | $114 | $114 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,355 | $3,310 | $4,200 |
Total Monthly Payment | $3,561 | $3,516 | $4,406 |
* 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.