Priced Well Below Appraised Value! Move In Ready !!! A Cream Puff Investment on Sanibel Island - Shell Harbor Community, Canal Waterfront, located . 4 to The Gulf of Mexico/Beaches and . 4 to The Sanibel Causeway. Quick on/off Island access or Beach access. Enjoy a PrivateDEEDED Beach Access with Parking, WOW! No hourly meters to feed $$ or long distance cooler/chair carries. A Solid Concrete, Block, StuccoScreened Pool Home with Impact Windows & Doors, New 2023 Roof, Plumbing, Electrical, A/C unit, Appliances, Kitchen, Baths, Washer/Dryer, Int/Ext. Paint, Basically a whole house remodel incl. the large garage. Propane Generator Ready hook ups and heat your pool with gas, fast. MOVE IN READY Turn Key for immediate Island living or for Rental $$$. 30'x20' boat dock in the back yard with a 10, 000 lbs. Remote controlBoat lift on a WIDE canal for quick access to Gulf of Mexico or the Bay. The Lindgren Bridge is 15' wide and 12' above mean low water, ownerhad a 24' boat with Bimini top. Minutes to Beach, Shopping, Restaurants, Sanibel Lighthouse or Fishing Pier. A Low Maintenance Propertyinside & out. Complete with Survey, Home Warranty & Title Insurance. Call Now For More Details!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $884 | $884 | $884 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,403 | $6,403 | $8,780 |
Total Monthly Payment | $7,412 | $7,412 | $9,789 |
* 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.