ATTENTION INVESTORS! 2 STREAMS OF INCOME! NEW ROOF 2023!!This charming home boasts an exceptional location in Naples Park, allowing you to easily bike to the famous beach just 1. 8 miles down the street. Stores and restaurants are just 0. 5 miles away. Furthermore, it's an excellent investment opportunity for those interested in Airbnb as a vacation rental property. It's also an ideal choice for those in search of a second home in Florida. One of the standout features of this property is its fully legal "mother-in-law suite, " offering unique flexibility. Upon entering the home, you'll be greeted by an open and modern kitchen, making it an ideal space for daily living and entertainment. The main house features two comfortable bedrooms and two bathrooms for your convenience, along with an attached garage. At the rear of the property, you'll find the third bedroom, which is part of the "mother-in-law suite. " This suite comes with its own bathroom and access to a spacious patio, creating an independent and cozy space for family, friends, or guests.
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Our Executive Mortgage Banker:
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$735,000
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 | $588,000 | $588,000 | $588,000 |
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 | $209 | $209 | $209 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,912 | $3,908 | $5,042 |
Total Monthly Payment | $4,213 | $4,209 | $5,343 |
* 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.