Presented byBrian Giacomello |
Located just north of Summerlin Rd off of San Carlos Blvd, 11386/88 Summerwinds Ct, Fort Myers, FL is your next or first investment opportunity. Nestled down a quiet street, this property enjoys the tranquility of suburban living while being just a short drive away from downtown Fort Myers, numerous beaches, RSW airport, shopping centers, and dining options. Both sides offer a spacious 2 bedroom floor plan, private laundry area and plenty of outdoor yard space for your enjoyment. Both sides are currently rented. One side is on a month-to-month, so you have the opportunity to live in one side while collecting income from the other, or rent out both sides. Upgrades include the roof and both water heaters being less than a year old. One a/c is 3 years old and the other is 1 years old. Let's make this your opportunity!
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Our Executive Mortgage Banker:
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$475,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 239.281.5269
Brian.Giacomello@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 | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $254 | $254 | $254 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,526 | $3,205 |
Total Monthly Payment | $2,857 | $2,855 | $3,534 |
* 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.