LOCATION and FEATURES! These units RARELY come on the market! Catalina at High Point is a quality 32-unit complex with lush landscaping constructed by highly-regarded Arthur Rutenberg Homes. Each residence has one assigned Carport and Private Storage Closet. PET FRIENDLY (1 pet up to 20 lbs), located in an X500 Flood Zone (has not flooded during any Hurricane), approximately 1 mile from the BEACH, and 3 miles from vibrant DOWNTOWN NAPLES! Nestled in a quiet neighborhood between US 41 and Goodlette-Frank Road (walk to restaurants/cafes), this 2 Bedroom / 2 Bath, 2nd-floor condo (with NEW A/C and NEW HWH) is ready for your updating and includes two Outdoor Balconies, Covered Parking, Spacious Storage Closet, and Catalina’s Community Pool. You can also choose optional membership at adjacent High Point Country Club for $2, 000/year (offering 9 holes of Golf, Clubhouse, Fitness, Tennis, Pickleball, and Social Activities). It's easy to understand why residents love this LOCATION, whether you're seeking a vacation retreat, an easy-to-keep full-time residence, or an investment property (Rental Policy – 3 rentals per year/ 30-day minimum), this is one you don't want to miss!
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Our Executive Mortgage Banker:
Our Insurance Division:
$375,000
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 | $300,000 | $300,000 | $300,000 |
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 | $260 | $260 | $260 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,996 | $1,994 | $2,572 |
Total Monthly Payment | $2,331 | $2,329 | $2,907 |
* 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.