Watch dolphins playing in shimmering waters, from your living room! Have a glass of wine on your waterfront deck watching amazing sunsets! Set sail from your own backyard of this boater's paradise in Cape Coral! HUGE VALUE! GULF ACCESS HOME, reflecting quintessential Florida lifestyle in coveted Pelican area, ready for new owners. Many updates include NEW 2023 Roof, NEW 2020 Impact resistant windows, 2024 New sleek vinyl plank floors throughout, NEW 2023 Lanai Screens. ABSOLUTELY great affordable home for boaters ready to live the SWFL Lifestyle. High elevated residence, never had any water intrusion. Desirable south exposure provides abundant natural light throughout the day and gorgeous sunset views. GREAT BIG backyard has a lot of room for your new pool. The true value of this property lies in its boat access location on a desirable quiet area of new and older homes in the $500k - $2+M range. It's a short boat ride to Sanibel, Ft. Myers Beach, Cayo Costa and more. Located within minutes of public and private golf courses, freshwater boat ramps, hospital, library, shopping and dining. Cape Coral has been chosen as a top destination in the country for waterfront living, affordability, quality of life, and as one of the safest cities to live in. Conveniently situated within walking distance to Downtown Cape, this property offers both convenience and leisure as you explore the vibrant community and its myriad dining and entertainment options. NO HOA, NO rent restrictions. Great home to live and amazing investment opportunity!
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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 | $319,920 | $319,920 | $319,920 |
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 | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $206 | $206 | $206 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,128 | $2,126 | $2,743 |
Total Monthly Payment | $2,409 | $2,407 | $3,024 |
* 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.