NEW UNDER CONSTRUCTION on a FRESH WATER CANAL situated in the highly sought after SW Cape Coral neighborhood with easy access to everything. This home won’t last long with it’s prime location and waterfront property! Estimated completion in Spring 2025. The DELRAY floor plan offers 3 Bedrooms + Flex Room, 2 bathrooms and a 3-Car Garage. Boosting 2, 034 square feet of open and spacious great room, ideal for entertaining friends and family. This open-concept home makes entertaining a breeze with its large kitchen island and expansive lanai, thus extending your living space to the outdoors. With Traditions Series, we added our Diamond Package Signature upgrade options such as 42” kitchen cabinets with under cabinet task lighting and molding, granite kitchen & baths, sleek subway tile backsplash, stylish ceramic plank tile floors and carpet in the bedrooms. This home comes standard with stainless-steel kitchen appliances including the Whirlpool stove/range, microwave, and dishwasher, a fully automated irrigation system, professionally landscaped (with palm trees too), paver driveway and lanai. Your new home comes with industry-leading technology with a full Smart Home package keeping you and your home connected. Video doorbell, keyless entry, smart switch, programable thermostat and voice control technology. It keeps getting smarter with our newest addition offering the option to enhance your new home with automated smart lighting! Your brand-new home built by the country’s largest builder is waiting for you to come on home to Paradise.
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Our Executive Mortgage Banker:
Our Insurance Division:
$475,125
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 | $380,100 | $380,100 | $380,100 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $151 | $151 | $151 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,593 | $2,526 | $3,259 |
Total Monthly Payment | $2,819 | $2,752 | $3,485 |
* 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.