This Sun Terrace neighborhood sweet coastal cottage is nestled in the heart of Naples and only 1. 25 miles to the beach and close to downtown. It is a tropical paradise that also maintains a mid-century flair. It is 3 bedroom and 2 baths which includes an en suite. There are no HOA fees and it is in Flood Zone X with no flood insurance required. A new roof was installed in 2019 and the AC installed in 2018. It offers an additional flex room bright with windows to allow the Florida sunshine in and for you to take in the lovely view. The flex room has many possible uses such as a potential family room, workout area, office or guest area. Possibilities for this home include your primary residence, vacation, seasonal, or investment use. This home is move in ready. Attention to detail was given throughout the entire home. Some additional major upgrades include Stainmaster waterproof luxury vinyl plank flooring throughout, all new appliances and the home is painted inside and out. Extensive upgrades abound including window blinds, lighting fixtures, fans, AC vents, door knobs and hinges. The bathrooms have new fixtures, faucets, and lighting. The all white kitchen has new butcher block countertops, and a new kitchen sink and faucet with inline water filter. New exterior features include an asphalt driveway with plenty of room for parking. A re-screened lanai, along with a new pool pump and well pump for the sprinkler system await you. Surrounding the back yard a unique stone wall affords privacy, and the spacious rear yard with a large deck next to the POOL is accented by lovely, mature trees and flora. The seller is also providing a credit at closing towards pool resurfacing. Please come by to see this home and make it yours!
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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 | $621,600 | $621,600 | $621,600 |
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 | $39 | $39 | $39 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,136 | $4,131 | $5,330 |
Total Monthly Payment | $4,267 | $4,262 | $5,461 |
* 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.