Welcome to this 3-bedroom, 2-bathroom home with a bonus den located in Cape Coral, offering a functional and practical split floor plan. The spacious great room layout provides an open and airy feel, perfect for everyday living. French doors lead to the den, a versatile space that can be used as a home office, playroom, or additional sitting area. The home has been updated with several essential improvements, including a new roof in 2022, a new water system in 2022, and a new AC unit installed in 2021, ensuring reliability and comfort for years to come. One of the standout features is the whole-house hurricane-resistant construction, offering peace of mind during storm season. This includes all windows, sliding doors, the entry door, and the garage door, all designed to withstand severe weather. While the home is move-in ready, it offers an excellent opportunity for personalization and updates to suit your taste. The backyard provides space for outdoor activities or future landscaping projects, and the property’s layout makes it easy to envision turning it into the home you’ve always wanted. Located in a growing area of Cape Coral, this home is close to local amenities, schools, and recreational options, making it a practical choice for anyone looking to settle down in this vibrant community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$295,000
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 | $236,000 | $236,000 | $236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $374 | $374 | $374 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,550 | $1,550 | $1,976 |
Total Monthly Payment | $1,999 | $1,999 | $2,425 |
* 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.