High and dry from Hurricane Milton! Move in ready Marco Island home with an ideal location ON Mackle Park. Features just under 1, 350 Sq Ft - low maintenance living. Plenty of room for a pool! Opportunity to own on Mackle Park - rarely available. Home is currently set up as a 3 bedroom / 1 bath, two car garage can be added back in place of 3rd room. High quality build - Circular driveway - Room for a pool. Large screened in lanai - screens replaced with a white frame and single frame. Conveniently located just minutes to Publix, Ace Hardware, Walgreens, YMCA Post Office, and Residents Beach! Residents can also indulge in nearby eateries such as the Red Rooster, The Speakeasy of Marco Island, Cocomo's Grill, and the Island Country Club. Property available immediately- CUSTOM upgrades throughout! Patio/Lanai screens were replaced with single panel screens (White) no horizontal divider 3ft up- Storm resistant panels. Screen has also been added to front door area - enclosing area near front door. With a proven income history as a seasonal rental, this well-appointed home comes with a Turnkey short-term system, offering both comfort and convenience for those looking to soak up the sun, with the option to rent part time.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,999
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 | $559,999 | $559,999 | $559,999 |
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 | $456 | $456 | $456 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,773 | $3,722 | $4,723 |
Total Monthly Payment | $4,321 | $4,270 | $5,271 |
* 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.