Presented byHeather Manero |
Prime Waterfront Lot on Gator Slough Freshwater Canal in NE Cape Coral
Dreaming of your perfect waterfront home? Look no further! This stunning lot on the Gator Slough Canal offers the ideal canvas to bring your vision to life. Nestled in the desirable NE Cape Coral area, this property combines tranquility, natural beauty, and endless possibilities for your custom-built dream home. NO FLOOD ZONE! No tortoises, no owls on site.
Key Features:
Waterfront Living: Enjoy 85 feet of pristine freshwater frontage on the Gator Slough Canal, perfect for kayaking, fishing, or simply taking in the serene views from your future backyard.
Peaceful Location: Located in a quiet, up-and-coming neighborhood, this lot offers privacy and a peaceful atmosphere while still being close to all the conveniences Cape Coral has.
Spacious Lot: Ample space to build your custom home with room for a pool, lanai, and more, making it perfect for those who love outdoor living.
Investment Opportunity: With Cape Coral's rapid growth and development, this property is not just a dream homesite, but also a smart investment in your future.
Whether you're looking to build your forever home or a vacation retreat, this lot offers everything you need to create a waterfront sanctuary. Don't miss out on this rare opportunity to own a piece of paradise in Cape Coral!
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Our Executive Mortgage Banker:
Our Insurance Division:
$55,900
Associate Sales Manager
William Raveis Real Estate
Phone: 978.505.3190
Heather.Manero@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $44,720 | $44,720 | $44,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $301 | $297 | $377 |
Total Monthly Payment | $376 | $372 | $452 |
* 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.