Spacious waterfront home in quiet and desirable Cutler Bay neighborhood. 3 Bedrooms 2 full baths. Huge, covered patio with outdoor kitchen. Waterfront dock and gazebo. perfect for entertaining. Bring your boat and your fishing pole or go swimming in your own backyard. Or just enjoy the wildlife, birds, fish, turtles and the occasional manatee. Extensive navigable canal network perfect for small, motorized crafts, kayaks, paddle boards, pontoon boats etc. Impact resistant windows, SS appliances, gas stove, wood burning fireplace and decorative stonework. State of the Art AC Trane AC system. Professional landscaping with lovely atrium and Koi Pond. Close to A rated schools, shopping, parks and transportation. Perfect family home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$665,000
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 | $532,000 | $532,000 | $532,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $344 | $344 | $344 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,629 | $3,536 | $4,486 |
Total Monthly Payment | $4,065 | $3,972 | $4,922 |
* 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.