UNDER NEW CONSTRUCTION and ready just in time for the 2024 Holidays! This magnificent home is situated on an exceptionally oversized lot within the SE Cape Coral neighborhood, where no flood insurance is required, city water/sewer are already in place and ALL ASSESSMENTS PAID! This beautifully appointed Kellen Floor Plan on a TRIPLE LOT incorporates 3 Bedrooms + Flex Room/Den with double French Doors, 3-car garage, open concept great room with dedicated dining area, large lanai with pavers, and we added upgraded signature options to make this home even more special. The Kellen floorplan encompasses great use of space with an open layout, high ceilings and open kitchen feel with a large island, ideal for entertaining friends and family. A true split floor plan, the 2nd and 3rd bedrooms are located in the front (each with walk-in closets), while the primary suite is privately located at the opposite side in the back of the home and features two expansive walk-in closets, in-suite bath with dual vanity sinks and ceramic tile surround within the shower. Our Tradition Series homes come complete with a full irrigation system, professionally landscaped with Palm Trees and even a Smart Home package. Come see for yourself!
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Our Executive Mortgage Banker:
Our Insurance Division:
$470,999
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 | $376,799 | $376,799 | $376,799 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $233 | $233 | $233 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,507 | $2,475 | $3,178 |
Total Monthly Payment | $2,815 | $2,783 | $3,486 |
* 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.