Occupancy ASAP! This home has potential for great rental income here in this highly sought after retirement home in 55 Plus Alameda Isles in Englewood. Close to Beaches and a great community with 59 Boat slips on a canal that leads to the Intercoastal way! If you are looking for a care free florida lifestyle look no further. This home comes mostly furnished. Alameda Isles has all the amenities. Plus All New electrical box upgrade, carport, siding, shutters, downspouts and gutters, lanai, plank flooring throughout, kitchen countertops and sink, tall toilets. Tie downs installed. All duct work replaced. Come see this adorable living space and picture yourself relaxing in the pool or hottub, playing pickleball, tennis shuffle ball or playing pool. A workout room, sauna and library area also available. What about having your boat handy at the dock for a stroll out to the Intercoastal Way or even the Gulf of Mexico. The best part is the friendly community and get togethers in the Community center. Can you see yourself here already?
Note:
* Alameda Isles will comply with the Florida laws on Emotional Support Pets.
* Financing Available
* The real estate taxes paid are (non homestead)
* Sq footage of 1014 which includes the lanai
* New AC 2019
* New Vapor Barrier
*In the Roof Inspection Report 3/20/24 The Metal Roof Lifetime Expectancy is 25 years. Truly a maintenance free house.
* Most furnishings to stay Excludes Lanai furniture, TV, Stereo, music equipment and some misc personal items will be removed.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $147,600 | $147,600 | $147,600 |
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 | $159 | $159 | $159 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $994 | $981 | $1,245 |
Total Monthly Payment | $1,228 | $1,215 | $1,479 |
* 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.