Welcome to 1275 Cobia Court in the very desirable waterfront community of Royal Harbor, just minutes from downtown Naples. This 3 bedroom, 3 bathroom pool home is ideally situated on one of the best cul-de-sacs. Upon entering the foyer, you will immediately notice the large screened pool lanai and unique architectural volume ceilings. The living room / dining room is very spacious and perfect for large gatherings. The kitchen and family room provides an additional entertaining space. In addition, there is an extra open area for an office, bar, or a sitting area. This home is perfect to move right in or if you want to renovate, the elevation is above the FEMA requirements, therefore the 50% City of Naples rule for renovations does not apply. . . so you can make this place even more fabulous than what it already offers. A new dock and 28, 000 lb. lift with a 12-13ft beam that can accommodate a large boat was installed in 2023. Just a quick boat ride to the Naples Bay and Gulf of Mexico with no bridges. Make your appointment today to view this spectacular home in person!
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,800,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,040,000 | $3,040,000 | $3,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $1,364 | $1,364 | $1,364 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,225 | $19,717 | $26,901 |
Total Monthly Payment | $21,714 | $21,206 | $28,390 |
* 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.