The advertised rate is for high-season (Nov. -April); longer terms have greater discounted rates. The annual rate is $26, 880 / month. Situated only four houses from Naples’ sugar sand beaches on an oversized lot offering the utmost this home represents the quintessential tropical retreat! The residence features Old-Florida architecture, a metal roof, Hardi Plank siding, a front porch, wood floors, and vaulted Cypress beamed ceilings. The seamlessly-flowing floor plan hosts multiple sun-drenched living spaces, a butler’s pantry and bar off the formal dining room, four spacious bedrooms plus a study on the main level, as well as three full and one half bathrooms. Located on the second level, a spacious guest suite encompasses a wet bar, full bath, and covered balcony, making it ideal for long-term guests or live-in help. The residence also entails a three car garage with private, paved alley access. The residences ninety-degree sliders opens the family room and kitchen area to a backyard oasis surrounded by lush tropical environs. A well-equipped outdoor kitchen, a natural-stone look pool and spa, as well as plenty of space for sunbathing, make this area the ideal space for entertaining and providing the ultimate Florida lifestyle. When the need for adventure ensues, the highly-anticipated Naples Beach Club / Four Seasons is just seconds away, while the chic boutiques and world class dining of Fifth Avenue South / Third Street South within a few blocks.
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Our Executive Mortgage Banker:
Our Insurance Division:
$33,600
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 | $26,880 | $26,880 | $26,880 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $183 | $179 | $229 |
Total Monthly Payment | $258 | $254 | $304 |
* 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.