For Sale or Rent with the option to purchase. $1000 will be applied towards the down payment each month. Experience unparalleled upscale living in North Port with this exquisite ranch home, freshly built and ready for immediate occupancy. Nestled within the prestigious Cedar Grove at the Woodlands, this property sets a new standard of luxury living. Impeccably designed, no expense has been spared in the selection of premium upgrades, ensuring a modern and opulent interior. Revel in the elegance of quartz countertops and the allure of bubble glass lighting. As the first occupant, you'll have the privilege of enjoying brand-new stainless-steel appliances and the assurance of a pristine home untouched by previous tenants. The home boasts a range of appealing features, including a spacious owner's suite with a luxurious master bathroom, an open floor plan, a central living room, an inviting outdoor covered lanai, and a convenient 2-car garage. Cedar Grove's exclusive community amenities further enhance the living experience with a pool, BBQ grills, cabanas, and a toddler playground, ensuring a lifestyle of leisure and enjoyment. Inside, the interior design showcases an elegant palette of neutral colors and elegant ceramic tile flooring, complemented by the sophistication of quartz countertops and sleek stainless-steel appliances. The location is equally exceptional, with nearby landmarks such as Sarasota just 30 minutes away, PGD Airport a convenient 25-minute drive, and Wellen Park just 10 minutes away. If you're a beach enthusiast, Siesta Key awaits you in 40 minutes, while Venice is a mere 25-minute journey. Recreational opportunities abound, with Stump Pass Park and North Port Mineral Springs a short 10-minute drive away, and the esteemed Heron Golf & Country Club within a 7-minute reach. This rare opportunity to reside in Cedar Grove's rental property is truly scarce. Act swiftly, as this chance won't be available for long. Furthermore, rest assured that the property is not located in a flood zone, ensuring peace of mind and security. Don't miss out on the chance to indulge in unmatched upscale living seize this extraordinary opportunity today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$475,000
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 | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $246 | $246 | $246 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,496 | $2,526 | $3,205 |
Total Monthly Payment | $2,817 | $2,847 | $3,526 |
* 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.