Build your dream home in the Charlotte Ranchettes on this 2. 5 acre corner parcel. The Ranchettes are the perfect balance of country living with the convenience of downtown access. Downtown Punta Gorda is just a short 20-minute drive away. This sale includes two 1. 25 acre adjacent parcels giving you 2. 5 acres to build a home with plenty of room to spare to store your recreational vehicles. This property's strategic location offers the quiet of the country and the convenience of city life. Nearby shopping, dining, and an airport in Punta Gorda, plus easy access to Fishermen's Village, public boat ramps, US-41, and I-75, everything you need is within reach. This property is located in a No Flood Zone and is priced to sell! Don't miss the opportunity to purchase this property and begin building the life you were meant to live!
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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 | $95,920 | $95,920 | $95,920 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $638 | $638 | $822 |
Total Monthly Payment | $713 | $713 | $897 |
* 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.