Move-In Ready Canary Model priced to move and offers unbeatable value in Crescent Lakes, a resort-style, gated community with Babcock Ranch. PRICED LOWER THAN THE BUILDER and packed with upgrades, the home includes a washer and dryer, Wi-Fi-controlled smart home features and Ring doorbell, whole home security system, all window coverings, blinds and full screened-in back lanai. Enjoy peace of mind with an active home warranty until November and HOA fees PAID through the end of the year. The state-of-the-art smart home is energy efficient, featuring foam insulation in the attic to keep your electric bills very low, average bill is only $100 month. Located right across from the community’s premium amenities—including a beautiful resort pool, pickleball, tennis, and basketball courts—you’ll have everything you need for a permanent vacation lifestyle. With no houses behind you, the backyard offers tranquil sunset preserve views. Don’t miss the best-priced home in Crescent Lakes!Enjoy living in Babcock Ranch, America's first entirely solar-powered town, with access to multiple community pools, nature trails, with shopping and dining. Come enjoy the convenience of Babcock Ranch living with festivals, farmer's markets, Concerts, Health gym & just a golf cart ride to the grocery store. There is so much to do with hundreds of clubs and activities planned every month. There is also a K-12 neighborhood school with a brand new sports complex, including football and baseball fields. There are many playgrounds and parks, including dog parks and a brand new skate park and six new parks along the nature trails. Babcock Ranch is a master planned community and was featured on CNN and 60 Min for not loosing any power or internet after hurricane Ian made a direct hit. Beautiful parks and amenities lets you experience SW Florida at its finest! Schedule your private tour today and make your dream home a reality! Come live a better life at Babcock Ranch!
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Our Executive Mortgage Banker:
Our Insurance Division:
$309,000
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 | $247,200 | $247,200 | $247,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $568 | $568 | $568 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,645 | $1,643 | $2,120 |
Total Monthly Payment | $2,288 | $2,286 | $2,763 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.