*** Price Reduced*** Seller May Consider Owner Financing**** This is the perfect first time home or Investment!! Charming and Versatile Home in South Naples situated just minutes from downtown, shopping, and fantastic restaurants. This beautifully updated home features 4 bedrooms and 2 modern bathrooms, offering exceptional flexibility for your lifestyle. Key features include an amazing layout that can be easily used as a 4 beds, 2 baths home for a large family or it can be transformed into a 2-bedroom, 1-bath unit in the front, and a 1-bedroom, 1-bath unit in the back, each with separate entrances. Alternatively, you may also utilize it as a 3-bedroom, 1-bath residence while renting out the fourth bedroom and second bathroom for income potential or as comfortable in-law quarters. Enjoy two kitchens and two separate laundry areas, making it ideal for multi-generational living or rental opportunities. The possibilities are endless! The property is updated throughout and boasts all-tile flooring, updated kitchens, stylish remodeled bathrooms, and a new roof installed in 2023, ensuring peace of mind and low maintenance. The outdoor areas include a large yard offering plenty of room for outdoor activities, recreational vehicles or you may even add a pool. For your convenience, the yard is equipped with a storage shed as well and the parking area is large for multiple vehicles. Don’t miss this rare opportunity to own a flexible, updated property in the heart of South Naples! Explore the endless possibilities this home has to offer!
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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 | $350,400 | $350,400 | $350,400 |
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 | $202 | $202 | $202 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,361 | $2,329 | $2,955 |
Total Monthly Payment | $2,638 | $2,606 | $3,232 |
* 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.